Intuitive Machines Sets January 2024 for Historic U.S.

HOUSTON, Oct. 27, 2023 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Firm”), a number one house exploration, infrastructure, and providers firm, has introduced that in coordination with SpaceX, liftoff of the IM-1 lunar mission is now focused for a multi-day launch window which opens January 12, 2024.

“As beforehand introduced, Intuitive Machines accomplished its lunar lander in September, and the whole firm is wanting ahead to our upcoming launch,” mentioned Steve Altemus, Co-Founder, President, and Chief Government Officer. “There are inherent challenges of lunar missions; schedule adjustments and mission changes are a pure consequence of pioneering lunar exploration. Receiving a launch window and the required approvals to fly is a outstanding achievement, and the schedule adjustment is a small value to pay for making historical past.”

The Intuitive Machines IM-1 mission would be the Firm’s first tried lunar touchdown as a part of NASA’s Industrial Lunar Payload Providers (“CLPS”) initiative, a key a part of NASA’s Artemis lunar exploration efforts. The science and expertise payloads despatched to the Moon’s floor as a part of CLPS intend to put the inspiration for human missions and a sustainable human presence on the lunar floor.

In case of unfavorable launch situations, corresponding to poor climate, backup alternatives might be decided primarily based on the lunar blackout window and different components.

Intuitive Machines Nova-C Lander

About Intuitive Machines

Intuitive Machines is a diversified house firm targeted on house exploration. Intuitive Machines provides house services and products to assist sustained robotic and human exploration to the Moon, Mars, and past. Intuitive Machines’ services and products are supplied by means of its 4 enterprise models: Lunar Entry Providers, Orbital Providers, Lunar Information Providers, and House Merchandise and Infrastructure. For extra info, please go to intuitivemachines.com.

Ahead-Wanting Statements

This press launch consists of “forward-looking statements” throughout the which means of the Non-public Securities Litigation Reform Act of 1995, as amended. All statements contained on this press launch that don’t relate to issues of historic truth ought to be thought of forward-looking. These forward-looking statements typically are recognized by the phrases corresponding to “anticipate,” “imagine,” “proceed,” “could,” “may,” “plan,” “attainable,” “potential,” “predict,” “challenge,” “ought to,” “attempt,” “would,” however the absence of those phrases doesn’t imply {that a} assertion shouldn’t be forward-looking. These forward-looking statements embody however aren’t restricted to statements concerning: our expectations and plans regarding our first mission to the Moon, together with the anticipated timing of launch for our first mission. These forward-looking statements mirror the Firm’s expectations primarily based upon at the moment accessible info and information. Our precise outcomes, efficiency or achievements could differ materially from these expressed or implied by the forward-looking statements, and you might be cautioned to not place undue reliance on these forward-looking statements. The components detailed beneath the part titled Half I, Merchandise 1A. Danger Components of our Annual Report on Type 10-Okay for the fiscal yr ended December 31, 2022, the part titled Half I, Merchandise 2, Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations and the part titled Half II. Merchandise 1A. “Danger Components” in our Quarterly Report on Type 10-Q for the quarter ended June 30, 2023, might trigger precise outcomes or outcomes to vary materially from these indicated by the forward-looking statements on this press launch, that are accessible on the SEC’s web site at www.sec.gov and the Buyers part of our web site at www.buyers.intuitivemachines.com.

These forward-looking statements are primarily based on info accessible as of the date of this press launch and present expectations, forecasts, and assumptions, and contain numerous judgments, dangers, and uncertainties. Accordingly, forward-looking statements shouldn’t be relied upon as representing our views as of any subsequent date, and we don’t undertake any obligation to replace forward-looking statements to mirror occasions or circumstances after the date they have been made, whether or not because of new info, future occasions, or in any other case, besides as could also be required beneath relevant securities legal guidelines.

Contacts

For investor inquiries:
buyers@intuitivemachines.com

For media inquiries:
press@intuitivemachines.com

A photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/68d22e44-eb48-4f57-acf9-50b6f7c9e041

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