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Intuitive Machines posts record Q3 with 269 million dollars revenue and 1.9 billion dollars backlog

Intuitive Machines posts record Q3 with 269 million dollars revenue and 1.9 billion dollars backlog
Intuitive Machines posts record Q3

Intuitive Machines achieved record third quarter results, posting 269 million dollars in revenue, a 31 percent increase quarter over quarter. The company also reported 33 million dollars in positive free cash flow and a total backlog of 1.9 billion dollars across its civil, commercial, and national security markets.

Intuitive Machines stated that its recent strategic acquisitions are expanding capabilities in spacecraft manufacturing and mission operations. These moves signal an ongoing drive to grow within the space technology sector.

The company has recently advanced development of its lunar capabilities, completing a successful hot fire test of the Trinity lunar lander at 2,500°F and 900 pounds of thrust. Leadership changes have included the appointment of Dr Christopher Scolese, whose background with NASA and NRO supports Intuitive Machines’ focus on space sector growth, to the board of directors earlier this year. These steps align with the company's ongoing expansion in spacecraft manufacturing and mission operations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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