Intuitive Machines Strengthens Lunar Service Capabilities with $116.9 million NASA Lunar Contract Award
29 Août 2024 - 10:20PM
NASA has awarded Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW)
(“Intuitive Machines”) (“Company”), a leading space exploration,
infrastructure, and services company, a $116.9 million contract to
deliver six science and technology payloads, including one European
Space Agency-led drill suite to the Moon’s South Pole. This award
will leverage Intuitive Machines’ lunar delivery, data
transmission, and autonomous operation capabilities to explore the
region targeted for sustained human operations.
“Over the last several years, we’ve witnessed NASA’s successful
Artemis I mission and the campaign’s progress toward sustainably
returning humans to the surface of the Moon, highlighting the
importance of autonomous missions that advance humanity’s
understanding of the Moon and the commercial services required to
support the industry,” said Intuitive Machines CEO Steve Altemus.
“Intuitive Machines looks forward to working closely with the NASA
team to deliver mission success once again.”
As part of NASA’s Commercial Lunar Payload Services (CLPS)
initiative, this marks Intuitive Machines’ fourth contract award to
deliver science and technology payloads and return valuable data
while autonomously operating on the surface of the Moon. Commercial
payload mass is expected to be available in addition to CLPS
payloads, including:
- Lunar Explorer Instrument for Space
Biology Applications (LEIA) will deliver yeast to the lunar surface
and study its response to radiation and lunar gravity. LEIA is
managed by NASA’s Ames Research Center.
- Package for Resource Observation and
In-Situ Prospecting for Exploration, Characterization, and Testing
(PROSPECT) is a suite of instruments that will extract samples from
beneath the lunar surface to identify possible volatiles (water,
ice, or gas) trapped at extremely cold temperatures. PROSPECT is
led by the European Space Agency.
- Laser Retroreflector Array (LRA) is
a collection of eight retroreflectors that enable precision lasers
to measure the distance between the orbiting or landing spacecraft
to the reflector on the lander. The array is a passive optical
instrument and will function as a permanent location marker on the
Moon for decades to come. LRA is managed by NASA’s Goddard Space
Flight Center.
- Surface Exosphere Alterations by
Landers (SEAL) will investigate the chemical response of lunar
regolith to the thermal, physical, and chemical disturbances
generated during a landing and evaluate contaminants injected into
the regolith by the lander. It will give insight into how a
spacecraft landing might affect the composition of samples
collected nearby. SEAL is managed by NASA’s Goddard Space Flight
Center.
- Fluxgate Magnetometer (MAG) will
characterize certain magnetic fields to improve the understanding
of energy and particle pathways at the lunar surface and is managed
by NASA’s Goddard Space Flight Center.
- Lunar Compact Infrared Imaging
System (L-CIRiS) will deploy a radiometer – a device that measures
infrared wavelengths of light – to explore the Moon’s surface
composition, map its surface temperature distribution, and
demonstrate the instrument’s feasibility for future lunar resource
utilization activities. L-CIRiS is managed by the Laboratory for
Atmospheric and Space Physics at the University of Colorado at
Boulder.
Intuitive Machines is in the final assembly phase of its second
lunar mission and is scheduled to deliver the completed lander to
the launch facility in late 2024. In parallel, the Company is
continuing work on its third lunar mission and is preparing for
systems integration and testing.
About Intuitive Machines
Intuitive Machines is a diversified space exploration,
infrastructure, and services company focused on beginning a new
economy in cislunar space. In 2024, Intuitive Machines became the
first commercial company to land and operate on the lunar surface,
which validated the Company’s ability to provide the three service
pillars required to commercialize a celestial body: delivery, data
& analysis, and autonomous operations in space. The Company
empowers its customers to achieve their ambitious visions and
commercial goals in space through seamless collaboration with its
robust service pillars.
Contacts
For investor inquiries:
investors@intuitivemachines.com
For media inquiries:
press@intuitivemachines.com
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995, as amended. These statements that do not relate to matters of
historical fact should be considered forward looking. These
forward-looking statements generally are identified by the words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “strive,” “would,”
“strategy,” “outlook,” the negative of these words or other similar
expressions, but the absence of these words does not mean that a
statement is not forward-looking. These forward-looking statements
include but are not limited to statements regarding: our
expectations and plans relating to our lunar missions, including
the expected timing of launch and our progress in preparation
thereof; our expectations with respect to, among other things,
demand for our product portfolio, our submission of bids for
contracts; our expectations regarding revenue for government
contracts awarded to us; our operations, our financial performance
and our industry; our business strategy, business plan, and plans
to drive long-term sustainable shareholder value; information
regarding our expectations on revenue generation and cash. These
forward-looking statements reflect the Company’s predictions,
projections, or expectations based upon currently available
information and data. Our actual results, performance or
achievements may differ materially from those expressed or implied
by the forward-looking statements, and you are cautioned not to
place undue reliance on these forward looking statements. The
following important factors and uncertainties, among others, could
cause actual outcomes or results to differ materially from those
indicated by the forward-looking statements in this press release:
our factors detailed under the section titled Part I, Item 1A. Risk
Factors of our Annual Report on Form 10-K for the fiscal year ended
December 31, 2023 filed with the Securities and Exchange Commission
(the “SEC”), the section titled Part I, Item 2, Management’s
Discussion and Analysis of Financial Condition and Results of
Operations and the section titled Part II. Item 1A. “Risk Factors”
in our most recently filed Quarterly Report on Form 10-Q, and in
our subsequent filings with the SEC, which are accessible on the
SEC's website at www.sec.gov.
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