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Intuitive Machines

LUNR

Intuitive Machines is a leading commercial lunar services company providing spacecraft, landers, and space infrastructure supporting NASA's return to the Moon.

Houston, United States Est. 2013 Commercial
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Founded
2013
Headquarters
Houston, United States
Stage
Public
Ownership
Listed
Market cap
$2.30B-15.3% 30d
Employees
1,695as of 2026
Last round
Undisclosed round · $180.4M2026-03
Investors
2
Quick Facts
Country
United States
Founded
2013
Type
commercial
Status
public

About Intuitive Machines

Updated 2026-09-09

Intuitive Machines is a leading commercial lunar services company providing spacecraft, landers, and space infrastructure supporting NASA's return to the Moon. In February 2024, the company achieved a historic milestone when its Odysseus Nova-C lander became the first commercial spacecraft to successfully soft-land on the Moon and the first American spacecraft to reach the lunar surface since Apollo 17 in 1972.

The IM-1 mission launched on SpaceX Falcon 9 from Kennedy Space Center on February 15, 2024, with Odysseus landing at Malapert A crater near the lunar south pole on February 22. The 4-meter tall hexagonal lander carried approximately 100 kg of payload including six NASA-developed experiments and commercial customer payloads. Odysseus was the first spacecraft to use liquid methane and liquid oxygen (methalox) propulsion beyond low-Earth orbit.

Selected through NASA's Commercial Lunar Payload Services (CLPS) initiative, Intuitive Machines received $118 million to develop the Nova-C platform. The CLPS program enables NASA to contract with commercial partners providing launch and landing services, accelerating lunar exploration while building a commercial lunar economy.

The IM-2 mission, launched in February 2025, delivered the Athena lander to the lunar south pole region, where it tipped over on landing and operated for about a day; it carried Nokia's Lunar Surface Communication System to establish the first cellular network on the Moon. Intuitive Machines continues developing lunar data transmission services, navigation systems, and infrastructure supporting NASA's Artemis campaign to establish a sustainable human presence on the Moon.

Products and product lines

ProductLineNote
Nova-C landerLunar landerLander platform that delivered Odysseus to the Moon on IM-1 (Feb 2024) and Athena on IM-2 (March 2025); IM-2's Athena tipped on its side after landing near Mons Mouton and lost power within a day.
OMES (Oracle/Outpost) lunar data and communications servicesLunar infrastructure servicesNASA awarded Intuitive Machines a $180.4 million IM-5 CLPS task order for a Nova-D lander to the lunar south pole in March 2026, alongside a potential $4.82 billion Near Space Network communications contract.
KinetXSpacecraft navigation and trajectory designDeep-space navigation and flight-dynamics firm acquired 1 October 2025, expanding Intuitive Machines' guidance, navigation and control capabilities.
Lanteris Space SystemsSatellite manufacturingSatellite bus manufacturer acquired from Advent International for about $800 million, announced 4 November 2025 and closed 13 January 2026, adding roughly 1,100 employees and pushing total headcount to about 1,695.
Goonhilly Earth Station / COMSAT ground networkGround and data servicesSpace-to-ground data services acquisition that closed in August 2026, extending Intuitive Machines' network to support missions across LEO, MEO, GEO, cislunar and deep-space environments.

Timeline

  1. 2024 Odysseus (IM-1) launches 15 February on a SpaceX Falcon 9 and lands at Malapert A on 22 February, becoming the first commercial spacecraft to soft-land on the Moon and the first American lander to reach the surface since Apollo 17. [source]
  2. 2025 IM-2's Athena lander launches 26 February and touches down 6 March near Mons Mouton, but lands on its side roughly 250 meters from its target, preventing its rover from deploying; the mission ends within a day as batteries deplete. [source]
  3. 2025 Intuitive Machines announces on 4 November it will acquire satellite-bus manufacturer Lanteris Space Systems from Advent International for approximately $800 million. [source]
  4. 2026 The Lanteris Space Systems acquisition closes 13 January, roughly tripling Intuitive Machines' headcount to about 1,695 employees. [source]
  5. 2026 NASA awards Intuitive Machines a $180.4 million IM-5 CLPS task order for a Nova-D lander mission to the lunar south pole, announced 29 March, alongside a potential $4.82 billion Near Space Network contract. [source]
  6. 2026 IM-3, targeting the Reiner Gamma lunar swirl region, remains in the planning phase as of August 2026 with a launch expected in the second half of 2026; NASA has confirmed 12 payloads for the mission. [source]
  7. 2026 Intuitive Machines reports Q2 2026 revenue of $206 million (roughly four times Q2 2025) and a record backlog of $1.8 billion, and closes its Goonhilly Earth Station/COMSAT ground-network acquisition, in results announced 13 August. [source]
Key People

Steve Altemus (CEO, Co-founder)

Funding history

2 events · $500M raised
DateRoundAmountInvestorsSource
2026-03-29Undisclosed round$180.4MNASANASA IM-5 CLPS task order for Nova-D lander to Lunar South Pole; $4.82B Near Space Network contract potentialstocktitan.net
2023-02-14SPAC$300MInflection Point Acquisition CorpSPAC merger with Inflection Point Acquisition Corpinvestors.intuitivemachines.com

Investors

Inflection Point Acquisition CorpNASA

From the sourced rounds above. Investors with two or more deals in the directory link to a portfolio page.

Team

  • Kam GhaffarianFounder · source

Signals

Market cap, 90 days
-46.1%
Verification
Verified 2026-09-09

Categories & Capabilities

Industry Categories

Propulsion Systems

Liquid Methane

Stock Performance

LUNR · Daily close data

Yahoo Finance

Funding

Total Raised
$500M
Market Cap
$2.30B

Location

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Frequently asked about Intuitive Machines

Quick answers to the questions readers most often search for.

When was Intuitive Machines founded?
Intuitive Machines was founded in 2013 in United States.
Where is Intuitive Machines headquartered?
Intuitive Machines is headquartered in Houston, United States.
What does Intuitive Machines do?
Intuitive Machines is a leading commercial lunar services company providing spacecraft, landers, and space infrastructure supporting NASA's return to the Moon. In February 2024, the company achieved a historic milestone when its Odysseus Nova-C lander became the first commercial spacecraft to successfully soft-land on …
Is Intuitive Machines publicly traded?
Yes. Intuitive Machines trades under the ticker LUNR on NasdaqGM.
What sector does Intuitive Machines operate in?
Intuitive Machines works in lunar, Spacecraft and Propulsion.

Sources

The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.

  1. Official website (intuitivemachines.com)
  2. Market data via Yahoo Finance (LUNR) · retrieved 2026-09-14
  3. Company LinkedIn page
  4. SEC 10-K · retrieved 2026-09-04
  5. Wikidata / Wikipedia · retrieved 2026-09-04
  6. Merged duplicate entry intuitive-machines-propulsion · retrieved 2026-09-05
  7. GLEIF LEI record · retrieved 2026-09-05
  8. Spaceflight Now: Intuitive Machines' IM-2 Moon mission ends with lander on its side on the Moon (7 Mar 2025) · retrieved 2026-09-09
  9. Wikipedia: IM-3 · retrieved 2026-09-09
  10. StockTitan: Intuitive Machines expands lunar surface operations with $180.4 million (29 Mar 2026) · retrieved 2026-09-09
  11. GlobeNewswire: Intuitive Machines Reports Second Quarter 2026 Financial Results (13 Aug 2026) · retrieved 2026-09-09
  12. Funding: SPAC merger with Inflection Point Acquisition Corp (2023-02-14) · retrieved 2026-09-04

Data Accuracy Notice: Information about Intuitive Machines is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.

Matched to SEC EDGAR, LEI register, Wikidata · data pass September 9, 2026
Editorial owner: Dr. Donovan, Editor-in-Chief Company representatives may submit corrections This page does not constitute an endorsement or affiliation Learn about our data methodology