Intuitive Machines

Intuitive Machines, a developer of lunar landers and space infrastructure, is benefiting from the commercial race to the Moon and rising NASA Artemis budgets. Reported Q2 figures and operational progress triggered a pivotal moment with a dynamic share-price jump. The backlog rises to a record $1.8 billion, strengthening the company’s position in the lunar market. » More on finanzen.net

Jet Propulsion Laboratory has contracted Intuitive Machines to provide the IM 300 spacecraft platform, system integration of the VSWIR hyperspectral instrument, and mission operations and ground segment for the EAGLE‑VSWIR mission. Launch is planned for 2028; the instrument will perform biological and geological surface observations from Earth orbit and test technologies for future lunar and Mars missions. This is Intuitive Machines' second NASA science mission in low Earth orbit after the contract for the IM 500 bus for the EDGE mission. » More on de.investing.com

Intuitive Machines won a contract for a multi-satellite communications infrastructure program from an unnamed customer, valued at more than $600 million. The company will design, manufacture, integrate and support multiple spacecraft based on the IM 1300™ satellite platform. The deal strengthens Intuitive Machines’ shift toward becoming a space-infrastructure provider and bolsters its order book, while analysts—despite earlier profit disappointments—rate the outlook mostly positively. » More on de.investing.com

Intuitive Machines has received approval from an anonymous customer for a satellite communications program valued at more than $600 million. The company is to develop, manufacture, integrate and support multiple spacecraft based on its IM 1300 platform; details on timing, quantity and the customer were not disclosed. The approval is preliminary and is meant to confirm Intuitive Machines’ capabilities for commercial, civil and national security markets. » More on de.investing.com

Stifel raises its rating on Intuitive Machines from "Hold" to "Buy", citing a heavily increased backlog as the main reason despite disappointing Q2 results. The backlog rose by $707m in the quarter to $1.76bn (book-to-bill 4.5), driven by orders for three geostationary satellites; Stifel therefore sees improved prospects for 2027. Q2 revenue was $206m and missed estimates, and adjusted EBITDA showed a loss of $13.8m, largely due to a negative adjustment on the IM-4 moon-landing program. Intuitive Machines confirmed its 2026 revenue guidance of $900m–$1bn and a positive adjusted EBITDA, noting that revenue recognition depends on contract close. » More on de.investing.com