Tag: Intuitive Machines
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AstroForge Completes DeepSpace-2 Spacecraft Ahead of Asteroid Rendezvous Mission
Asteroid mining startup AstroForge has completed assembly of the major flight hardware for its DeepSpace-2 spacecraft, positioning the mission for launch later this year as the company pursues its goal of demonstrating asteroid rendezvous capabilities in deep space. The spacecraft is scheduled to launch aboard a SpaceX Falcon 9 rocket alongside Intuitive Machines’ IM-3 lunar…
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NASA outlines nearly $1 billion investment into initial Moon Base missions
An artist’s rendering of a Blue Origin Blue Moon Mark 1 lunar lander deploying Astrolab’s Crewed Lunar Vehicle (CLV-1) on the surface of the Moon. Graphic: Astrolab NASA’s vision for a future, long-term sustained presence on the Moon gained more clarity on Tuesday as the agency announced a series of contract awards for future robotic…
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Former NASA Chief Bridenstine Named CEO of Quantum Space
Former NASA administrator Jim Bridenstine will become chief executive of Quantum Space, a company focused on in-orbit maneuverability and satellite servicing technologies. Bridenstine, who led NASA from 2018 to 2021, said the new role aligns with his background in national security and defense. “That’s where my background is, and where my heart is,” he said,…
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KeyBanc Sets $27 Target for Intuitive Machines Stock
Why Did KeyBanc Boost Intuitive Machines Target Price 35%? KeyBanc Capital Markets raised its price target for Intuitive Machines (NASDAQ: LUNR) to $27 per share, representing a 35% increase from the previous $20 target. The investment bank maintained its “Overweight” rating, citing accelerating revenue diversification beyond NASA’s Commercial Lunar Payload Services (CLPS) program and stronger-than-expected…
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Rocket Lab Up 9%, Intuitive Machines 6% on NASA Contract Wave
Why Are Space Stocks Surging This Week? Space sector equities posted strong gains this week, with Rocket Lab USA climbing 9% and Intuitive Machines jumping 6% as investor confidence builds around NASA contract momentum and emerging commercial opportunities. The rally reflects growing institutional recognition of the sector’s transition from speculative to revenue-generating operations. Rocket Lab’s…
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L3Harris Selects Intuitive Machines’ Lanteris Unit for SDA Tranche 3 Satellites
L3Harris Technologies has selected spacecraft platform provider Lanteris Space Systems, a subsidiary of Intuitive Machines, to supply satellite buses for its work on the Space Development Agency (SDA) Tranche 3 Tracking Layer program. Under a contract awarded in late 2025, L3Harris will build 18 satellites for the SDA’s missile-tracking constellation as part of the Proliferated…
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Intuitive Machines Completes $800 Million Acquisition of Lanteris Space Systems
Intuitive Machines said it has completed the acquisition of Lanteris Space Systems, formerly known as Maxar Space Systems, in a move aimed at transforming the company into a vertically integrated space prime serving defense, civil and commercial customers. The transaction, first announced in November, was completed under unchanged terms, with a purchase price of $800…
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Intuitive Machines to Acquire Lanteris Space Systems in $800 Million Deal
Lunar lander manufacturer Intuitive Machines said on Tuesday it will acquire Lanteris Space Systems, formerly known as Maxar Space Systems, from private equity firm Advent International in a deal valued at $800 million. The transaction, comprising $450 million in cash and $350 million in Intuitive Machines stock, is expected to close in the first quarter…
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Intuitive Machines’ CEO points to issues that prevented upright touchdown during IM-2 Moon landing
Intuitive Machines’ Nova-C lander, named Athena, is pictured on its side, lying on the Moon’s surface following touchdown on Thursday, March 6, 2025. Image: Intuitive Machines The third attempt to land on the Moon for Houston-based Intuitive Machines is coming up in less than a year and the company said Tuesday it understands how to…
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Athena landed in a dark crater where the temperature was minus 280° F
The Athena spacecraft was not exactly flying blind as it approached the lunar surface one week ago. The software on board did a credible job of recognizing nearby craters, even with elongated shadows over the terrain. However, the lander’s altimeter had failed. So while Athena knew where it was relative to the surface of the…