All Articles
Space

Intuitive Machines Is Headed For The Moon

February 21, 2024
x min read
Intuitive Machines Is Headed For The Moon

A publicly traded company is getting one step closer to reaching the moon.

What’s happening:

  • Houston, Texas based space company Intuitive Machines (NASDAQ: LUNR) has successfully completed the launch of their IM-1 mission
  • The launch was done in collaboration with Elon Musk’s SpaceX and has successfully sent Intuitive Machine’s into orbit to reach the moon

Why it matters:

  • The recent launch represents important validation for Intuitive Machine’s technology and future ability to successfully reach the moon
  • Intuitive Machines currently has an existing partnership with NASA to deliver payloads to the moon using their purpose built technology

Going deeper:

  • This is the first ever attempted lunar landing mission for Intuitive Machines as part of NASA’s Commercial Payload Lunar Services
  • The underlying science and technology payloads being validated on this mission are a critical part of future human missions and developing a lunar presence

Market reaction:

  • Intuitive Machine shares were up +45% since announcing the successful launch into orbit

Discover the world's most disruptive early stage companies with 35,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.