Intuitive Machines views NASA's LTV awards as lunar infrastructure milestone
CEO Steve Altemus emphasizes the need for interoperable lunar surface services and data infrastructure.
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Space infrastructure and mission services provider
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In short: Intuitive Machines expanded its space infrastructure through strategic acquisitions and record revenue growth despite mixed earnings results.
CEO Steve Altemus emphasizes the need for interoperable lunar surface services and data infrastructure.
The acquisition adds deep space-qualified antennas to support lunar and cislunar communications.
The company will operate LROC and ShadowCam instruments under $20M total contracts, supporting lunar navigation.
Revenue nearly tripled to $186.7 million with positive adjusted EBITDA and $1.1 billion backlog.
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