LUNR INTUITIVE MACHINES INC

Intuitive Machines and Johns Hopkins APL Partner to Advance Safe, Secure, and Reliable Lunar Infrastructure

Intuitive Machines and Johns Hopkins APL Partner to Advance Safe, Secure, and Reliable Lunar Infrastructure

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.

Under the agreement, Johns Hopkins University APL intends to collaborate with Intuitive Machines to determine if there are potential hardware applications that could benefit of the United States. Intuitive Machines may adapt these advancements for commercial use, furthering its leadership in the cislunar economy.

“This partnership is the leap toward establishing safe, secure, and reliable communications and navigation around the Moon, an area where we believe technology advancement is needed,” said Intuitive Machines CEO Steve Altemus. “APL has a strong history of advancing solutions to critical challenges in defense, national security and space exploration. We’re excited to combine APL’s innovation with Intuitive Machines’ proven cislunar expertise.”

“Cislunar space is of critical importance to our nation,” said Bobby Braun, head of APL’s Space Exploration Sector. “The combined technical strength of Johns Hopkins APL and Intuitive Machines holds the promise to dramatically accelerate the achievement of America’s scientific, exploration and security objectives in cislunar space.”

This partnership further advances Intuitive Machines’ vision for building cislunar infrastructure, providing a critical foundation for space domain awareness, data transmission, and navigation services. These efforts align with the Company’s with NASA to deploy a constellation of lunar data relay and navigation satellites around the Moon. The lunar constellation is central to Intuitive Machines’ strategy to commercialize the Moon, supporting international customers, commercial ventures, and NASA’s Artemis campaign. The contract introduces a pay-by-the-minute service model focused on scalable data transmission and navigation services, a significant step that the Company believes will boost margin potential through a subscription-like revenue model.

About Intuitive Machines

Intuitive Machines is a diversified space exploration, infrastructure, and services company focused on fundamentally disrupting lunar access economics. In 2024, Intuitive Machines successfully landed the Company’s Nova-C class lunar lander, Odysseus, on the Moon, returning the United States to the lunar surface for the first time since 1972. The Company’s products and services are offered through its four in-space business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. For more information, please visit intuitivemachines.com.

Contacts

For investor inquiries:

For media inquiries:

This press release was published by a CLEAR® Verified individual.



EN
21/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on INTUITIVE MACHINES INC

 PRESS RELEASE

Intuitive Machines Advancing Satellite Communications and In-Space Dat...

Intuitive Machines Advancing Satellite Communications and In-Space Data Processing Capabilities with $175 Million Strategic Investment HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space infrastructure and services company, today announced a $175 million strategic equity investment led by global institutional investors. Following  (“Lanteris”) in January, the Company intends to use this capital to support revenue expansion and investment in technologies to advance communications and data processing ne...

 PRESS RELEASE

Intuitive Machines Announces Date for Fourth Quarter, Full-Year 2025 F...

Intuitive Machines Announces Date for Fourth Quarter, Full-Year 2025 Financial Results, and Post-Lanteris Space Systems Acquisition Conference Call HOUSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the fourth quarter and full-year of 2025 on Thursday, March 19, 2026, 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 as well as growth opportunities following the Lanteri...

 PRESS RELEASE

Intuitive Machines Completes Acquisition of Lanteris Space Systems

Intuitive Machines Completes Acquisition of Lanteris Space Systems The acquisition positions Intuitive Machines to be a vertically integrated next-generation space prime contractor for commercial, civil and national security space initiatives HOUSTON, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines”) or the (“Company”), a leading space technology, infrastructure, and services company, has completed its acquisition of Lanteris Space Systems (“Lanteris”), formerly Maxar Space Systems, a proven spacecraft manufacturer with an exceptional recor...

 PRESS RELEASE

Intuitive Machines to Acquire Lanteris Space Systems, Creating the Nex...

Intuitive Machines to Acquire Lanteris Space Systems, Creating the Next-Generation Commercial, Civil, and National Security Space Prime The combined entity revenue exceeds $850 million*, with positive Adjusted EBITDA*, and $920 million* in backlog Expedites and enhances delivery against key existing contracts, including Near Space Network Services Expands Intuitive Machines’ data services business from lunar and Earth-based operations into LEO, MEO, GEO, Moon, Mars, and deep space missions Strengthens the Company’s position to prime future National Security Space (Golden Dome and Space D...

 PRESS RELEASE

Intuitive Machines Receives CMMI Maturity Level 3 Rating for Software ...

Intuitive Machines Receives CMMI Maturity Level 3 Rating for Software Development Rating also validates company’s commitment to excellence and software development process in alignment with NASA’s Class A human spaceflight requirements HOUSTON, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space technology and infrastructure services company, today announced it has been appraised at Capability Maturity Model Integration (CMMI®) Maturity Level 3 for software development. In addition to meeting the requirements...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch