Intuitive Machines, Inc. - Class A Common Stock (LUNR)

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- – Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has appointed James J. Frelk as Senior Vice President, Data Services, effective March 3rd. Mr. Frelk is a senior executive leader with more than 30 years of experience in national security, commercial satellites, intelligence, surveillance, reconnaissance, cyber security, artificial intelligence, and other critical programs in both government and commercial industry.   

HOUSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced its IM-2 mission Nova-C class lunar lander, Athena, launched on SpaceX’s Falcon 9 rocket and successfully commissioned in space, marking the first time humanity has had three lunar landers en route to the Moon at the same time.

HOUSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced its IM-2 mission Nova-C class lunar lander, Athena, completed all integration milestones and is safely encapsulated within SpaceX’s payload fairing in preparation for launch.

HOUSTON, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has delivered a notice of redemption to redeem all of its outstanding warrants (the “Warrants”) to purchase shares of the Company’s Class A common stock, $0.0001 par value per share (the “Class A Common Stock”), that were issued under the Warrant Agreement, dated as of September 21, 2021 (the “Warrant Agreement”), by and between the Company (f/k/a Inflection Point Acquisition Corp.) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), and that remain unexercised at 5:00 p.m., New York City time, on March 6, 2025 (the “Redemption Date”) for a redemption price of $0.01 per Warrant (the “Redemption Price”).

HOUSTON, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a space exploration, infrastructure, and services company, announced that it has delivered its IM-2 mission lunar lander, named Athena, to Cape Canaveral, Florida following a historic southeast Texas snowfall.

HOUSTON, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced today that NASA has awarded the Company a study contract to advance lunar logistics handling and offloading; and surface cargo and mobility under the agency’s Next Space Technologies for Exploration Partnership (NextSTEP) Appendix R.

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a space exploration, infrastructure, and services company, has secured additional contracts from NASA’s Near Space Network (“NSN”) for Direct-to-Earth (“DTE”) services. These contracts further position Intuitive Machines as a vital partner in supporting NASA’s missions to the Moon, and beyond.

Intuitive Machines (NASDAQ: LUNR, LUNRW), a leading space exploration, infrastructure and services company, closed on its upsized offering of 10,952,381 shares of its Class A common stock, each at a price to the public of $10.50, for gross proceeds of $115 million, including the full exercise of the overallotment option. In addition, the company will issue 952,381 shares of Class A Common Stock to Boryung Corporation (together with its affiliates, “Boryung”), an accredited investor, at the public offering price pursuant to an agreement entered into with Boryung on Dec. 2, 2024, in a concurrent private placement. The company intends to use the net proceeds it receives from the offering and private placement, together with its existing cash, cash equivalents and short-term investment balance, to acquire an equivalent number of newly issued common units of Intuitive Machines LLC (“Intuitive Machines OpCo”) from Intuitive Machines OpCo, which Intuitive Machines OpCo will in turn use for general corporate purposes, including operations, research and development and potential mergers and acquisitions. Roth Capital Partners acted as book-running manager for the offering.

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today the pricing of an upsized offering of 9,523,810 shares of its Class A common stock (“Class A Common Stock”) at a price to the public of $10.50 per share (the “Public Offering Price”) (the “Offering”). As part of the Offering, the Company and a selling stockholder granted the underwriters a 30-day option to purchase up to an additional 1,275,714 and 152,857 shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is expected to close on December 5, 2024, subject to customary closing conditions.

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has commenced an underwritten public offering of $65.0 million of shares of its Class A common stock (“Class A Common Stock”) (the “Offering”). The Company and a selling stockholder intend to grant the underwriters a 30-day option to purchase up to an additional $8,872,500 and $877,500 of shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

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PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent report from Introspective Market Research projected that the Space Battery Market Size is predicted to show a 6.56% CAGR through 2032. In the rapidly advancing space industry, the demand for reliable, efficient, and innovative battery cell technology has become paramount. From enabling satellite operations and interplanetary missions to supporting the growing commercial space economy, energy storage solutions are at the heart of modern aerospace advancements. Space Battery Cells play a vital role in Space Missions. Battery cells are indispensable for space exploration due to their ability to store and deliver energy in harsh, unforgiving environments characterized by: Extreme Temperatures: Operating effectively in the vast thermal fluctuations of space; Radiation Exposure: Withstanding the high radiation levels of outer space; and Microgravity: Functioning optimally in weightless conditions. These batteries power a wide range of applications, including: Satellites and Orbital Platforms: Ensuring consistent energy for Earth observation, communication, and scientific data collection; Lunar and Deep Space Missions: Enabling spacecraft, landers, and rovers to operate autonomously in remote environments; and Rocket Propulsion Systems: Supporting reusable and expendable rocket technology. The integration of cutting-edge battery technology is crucial for overcoming the challenges of space exploration. Reliable energy systems ensure mission success, enable groundbreaking scientific discoveries, and support the sustainable growth of the space economy. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: PLNYSEPL, Intuitive Machines, Inc. (NASDAQ: LUNRNASDAQ), Solid Power, Inc. (NASDAQ: SLDPSLDP).

HOUSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced it has entered into a Cooperation Agreement with the Johns Hopkins University Applied Physics Laboratory (“APL”) to advance safe, secure, and reliable lunar communications and navigation infrastructure in cislunar space. Cislunar space encompasses the region of space that extends from Earth’s gravitational influence to the Moon’s surface, including its orbit out to over 2 million kilometers distance.

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced its financial results for the third quarter ended September 30, 2024.

HOUSTON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the third quarter of 2024 on Thursday, November 14, 2024, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results.

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HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced NASA has awarded the Company a Near Space Network (“NSN”) contract for communication and navigation services for missions in the near space region, which extends from Earth’s surface to beyond the Moon.

HOUSTON, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced that effective September 16, 2024, Pete McGrath will transition from his current role of Senior Vice President, Chief Operating Officer into the role of Senior Vice President and Chief Financial Officer. Steven Vontur will transition from serving as the Company’s Interim Chief Financial Officer to Chief Accounting Officer and Controller, and Jack Fischer will transition to Senior Vice President, Production and Operations.

HOUSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- 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.

HOUSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space exploration, infrastructure, and services company, today announced its financial results for the second quarter ended June 30, 2024.

SEOPS offerings enabled by Intuitive Machines delivery include integration, deployment, and orbital transfer vehicle solutions for payload delivery beyond low Earth orbit, including to the surface of the Moon, geostationary transfer orbit, and Lagrange points

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the second quarter of 2024 on Tuesday, August 13, 2024, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results.