HOUSTON, June  30, 2026  (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR) (&#34;Intuitive Machines&#34;, together with its subsidiaries, the &#34;Company&#34;), a space technology, infrastructure, and services

LUNR

Intuitive Machines Secures Sixth NASA CLPS Award to Establish High-Volume Lunar Utility Pipeline

Intuitive Machines Wins NASA CLPS Contract Expanding Lunar Transport Pipeline

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HOUSTON, June  30, 2026  (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR) (&amp;#34;Intuitive Machines&amp;#34;, together with its subsidiaries, the &amp;#34;Company&amp;#34;), a space technology, infrastructure, and services</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Intuitive Machines landed a firm-fixed-price NASA contract valued at up to $148.3 million to deliver a production-line-qualified Nova-C lander by 2028, including a $68.6 million base and a $79.7 million incentive for rapid product-line qualification. The sixth CLPS order broadens IM&#039;s lunar logistics footprint and supports Artemis, signaling a multi-year revenue ramp as mass production scales.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>NASA awards Intuitive Machines up to $148.3 million for Nova-C lander by 2028. Base $68.6M; incentive $79.7M.</li><li>Sixth Commercial Lunar Payload Services (CLPS) task order expands IM&#039;s lunar transport pipeline.</li><li>Payloads include SCALPSS, LRA, and LETS for lunar surface science and safety data.</li><li>Mass-production focus: CEO emphasizes shift from custom aerospace to commercial manufacturing.</li><li>IM aims to create a repeatable lunar infrastructure service to support Artemis and commercial clients.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Intuitive Machines, Inc. (LUNR)</strong>: Wins a sizable NASA contract; expands lunar logistics footprint and revenue backlog; mass-production shift could drive longer-term margin improvement.</li><li><strong>NASA (N/A)</strong>: Customer; contract supports Artemis objectives and validates commercial lunar transport as a strategic service.</li></ul>
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  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News: A major government contract highlights a pivotal growth catalyst for LUNR via a mass-production paved pathway into lunar infrastructure.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>NASA contract value up to $148.3 million signals material revenue potential for LUNR.</li><li>Delivery deadline of 2028 creates a multi-year revenue and backlog runway.</li><li>Sixth CLPS order solidifies IM as a primary lunar transport provider with government backing.</li><li>Shift to mass production may improve margins but introduces execution risk.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of press release: June 30, 2026.</li><li>Contract value: up to $148.3 million from NASA for the Nova-C lander.</li><li>Base contract: $68.6 million; incentive: $79.7 million for successful product-line qualification.</li><li>Delivery deadline: no later than 2028.</li><li>This is IM&#039;s sixth Commercial Lunar Payload Services (CLPS) task order.</li><li>Lander platform: Nova-C with proven lunar flight heritage.</li><li>Payloads: SCALPSS, LRA, LETS to be delivered to the lunar surface.</li><li>IM has delivered over 260 kilograms of payload to the Moon and built over 300 spacecraft.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 12–24 months as the contract validates a mass-production lunar transport model and expands revenue backlog.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>HOUSTON, June  30, 2026  (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/LUNR">LUNR</a>) ("Intuitive Machines", together with its subsidiaries, the "Company"), a space technology, infrastructure, and services leader, today announced it has received a firm-fixed-price contract from NASA valued at up to $148.3 million to deliver a production-line-qualified Nova-C lander to the Moon no later than 2028. The award reinforces NASA’s accelerated schedule for lunar surface deliveries and helps proliferate Moon Base operational sites in support of Artemis.</p>  <p><img alt="image1.jpeg" height="338" src="https://ml.globenewswire.com/Resource/Download/ecd86c29-5477-4687-b294-813ebd74287f/image1.jpeg" width="600" data-dpi="220" data-caption="Pictured: Intuitive Machines&#39; production-line-qualified Nova-C landers, including IM-2 which is being loaded for transport while IM-3 is in the background in development." data-filename="image1.jpeg"></img><br></br></p>  <p><strong>Pictured: Intuitive Machines’ production-line-qualified Nova-C landers, including IM-2 which is being loaded for transport while IM-3 is in the background in development. </strong></p>  <p>By scaling manufacturing processes to support high-volume production, Intuitive Machines is creating a standardized and repeatable lunar transport utility service. Intuitive Machines’ high-velocity pipeline helps establish the foundational infrastructure required to support NASA’s Moon Base and expand operational sites across the lunar environment.</p>  <p>"We are shifting the paradigm from custom aerospace engineering to commercial mass production of lunar infrastructure," said Intuitive Machines CEO, Steve Altemus. "Our flight-proven Nova-C platform allows us to build, test, and deploy multiple landers in parallel using industry 4.0-powered manufacturing. This contract directly advances our core mission to provide persistent, reliable, and commercial baseline of transport, connectivity, and operations that allows our customers to stay longer and achieve more on the Moon."</p>  <p>This award directly expands Intuitive Machines’ space infrastructure footprint, reinforcing the Company’s unique capability to connect resilient navigation networks and operate systems seamlessly across cislunar space. The financial framework of the award includes:</p>  <ul type="disc"><li style="margin-bottom:8pt;">A $68.6 million base contract for mission execution utilizing a lander with proven lunar flight heritage.</li><li style="margin-bottom:8pt;">A $79.7 million performance incentive for the successful demonstration of product-line qualification, guaranteeing a steady, rapid-turnaround supply of landers.</li></ul>  <p>Under this award, Intuitive Machines will deliver essential scientific and operational payloads to the lunar surface. These include advanced stereo cameras to analyze surface-plume interactions (SCALPSS), a laser retroreflector array (LRA) for precise cislunar positioning, and a Linear Energy Transfer Spectrometer (LETS) radiation monitor to gather critical environmental safety data.</p>  <p>With this sixth Commercial Lunar Payload Services task order, Intuitive Machines solidifies its position as a primary commercial logistics and transport pipeline to the lunar surface. By managing a large share of commercial lander volume, the Company validates its role as a foundational access layer serving civil, national security, and commercial clients alike.</p>  <p><strong>About Intuitive Machines</strong></p>  <p>Intuitive Machines is a leading space infrastructure company that builds spacecraft, connects networks, and operates infrastructure-as-a-service for commercial, civil, and national security customers.</p>  <p>With a proven track record across the space domain, the Company, through organic growth and portfolio expansion, has built over 300 spacecraft, delivered over 260 kilograms of payload to the lunar surface, and provided precision navigation expertise that has guided spacecraft across our solar system.</p>  <p>These capabilities form an integrated Built-Connect-Operate infrastructure service company, enabling customers to achieve mission and campaign outcomes through a single prime solution. Intuitive Machines’ technology has been demonstrated across the space domain and is engineered to support the next century of opportunity in space.</p>  <p><strong>Forward-Looking Statements</strong></p>  <p>This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements that do not relate to matters of historical fact should be considered forward looking. These forward-looking statements generally are identified by the words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "strive," "would," "strategy," "outlook," the negative of these words or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include but are not limited to statements regarding: our expectations and plans relating to our lunar missions, including the expected timing of launch and our progress in preparation thereof; our expectations with respect to, among other things, demand for our product portfolio, our submission of bids for contracts; our expectations regarding revenue for government contracts awarded to us; our operations, including our performance on future lunar missions, our financial performance and our industry; our business strategy, business plan, and plans to drive long-term sustainable shareholder value; information regarding our expectations on revenue generation and cash. These forward-looking statements reflect the Company’s predictions, projections, or expectations based upon currently available information and data. Our actual results, performance or achievements may differ materially from those expressed or implied by the forward-looking statements, and you are cautioned not to place undue reliance on these forward looking statements. The following important factors and uncertainties, among others, could cause actual outcomes or results to differ materially from those indicated by the forward-looking statements in this press release: our factors detailed under the section titled Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC"), the section titled Part I, Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations and the section titled Part II. Item 1A. "Risk Factors" in our most recently filed Quarterly Report on Form 10-Q, and in our subsequent filings with the SEC, which are accessible on the SEC&#39;s website at <a href="https://www.globenewswire.com/Tracker?data=lrrPe778bhhc5ddTJdjOdiUN9GZDcVSRLV0yF3Kk_8Sv73kI9RXctCrMZjnbe_d2KLChcvabDTFTg6bhvQvWGaFOMmlkIp62lZty_eNXCkIwlmFOQjwax7Mf6fpDQ2zQOmO83elPNzU57-JFYz__hImd9laEvgECkko-I-DeCan70-Z4hZUMvSY--h0xTAAOa1jcp1Ow9c7dg-zda99JmZ9j8qmNAbl2491SNF7lp0I=" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p><strong>Contacts</strong></p>  <p>For investor inquiries:</p>  <p><a href="https://www.globenewswire.com/Tracker?data=pgyj7I5EIAtLwFl_RBZy3IAp6OV0CjzSCv2V1cG97tAqYZ7o2Ur04PXOGRSj8mxa_1o4wXgKo1-TvSJHwPdIi_wtcDrcgpuL6qtLIqxYI6U99xUk9TbbnbmN4Hi_HNas97qo-LyXBRB6HlfK757ydFPHSm3AafYPu_01qZaDidNlNOKfQHddy11aQzvz9pQjgEk_r1vghwDlfklae8yBEqgiSA2Cb0dZI67p-xcnidDHcqMCinUsqlWnLz6Vtur_hu1YBwPyO-jm3wxPM6AW7tMqC7fJA2s4uo5J_fyUP2B8CIG6rhkKAPE6Sb4bUnYi7ZRYvQ_g4IjyjflWu1tC9Q==" rel="nofollow" target="_blank">investors@intuitivemachines.com</a></p>  <p>For media inquiries:</p>  <p><a href="https://www.globenewswire.com/Tracker?data=dhdc55JWA7326BbvyW745wz5HtwRHPYluqqf-prJXnw_1Mi6qOVOCfFNz07O769A8aCapUA8gPwULqnPxA-7xw9HaWJgOZ8ZBTybG8g0fTnU3QT-idkGzIZK4pdKrTaFfxPdrQFoSM1dqLbrjL7UIw6BID_0op6LI8xWGAC_ctBh8UU-uq2UQ16IKUvjZE4ES_NEquFG2Re2qfHJki8xaqe817UU74AbAME0W8v9EzFxY6mSulBqIEoz5jKx1d6d3Wy9P4AbJCwZXlQkcdBPudQMPiP5KQlFX_l9jKomykcGc0BV9ibdMdHdjA2Ko7aj" rel="nofollow" target="_blank">press@intuitivemachines.com</a></p>  <p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=hwmpt2B5c1rNClSWm2U_eq4gvC-JXn86chA-eunLJrePg3Qb7ncwA6q0lSy71O5cYuaVtRSqCuwuCBavsE1WjHYF-5kKFuaPzXahxVl_GPQUN5p2Kq-1N4s_8o96ZlPE0fgtcBPxNDzNbV-OpR7dUljR9uQSF2bhUjk3DUcYmvx5Y1oqEWgebVgYhrm3H_E5D7Y4LphL2mbiDsiKatY1gd1jqjFroo187_9EnlAFTEFY9CCla7097fBgYvgtK6x-yIEza9Q0uc_f6fXmjOlvsA==" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/ecd86c29-5477-4687-b294-813ebd74287f</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1NTE0OSM3Njg1ODk2IzIyNTUyOTQ="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OGU3NDljNjAtZWY1ZC00MDI4LThjM2EtYTEyNGViODBhMTk1LTEyNjY4NDMtMjAyNi0wNi0zMC1lbg==/tiny/Intuitive-Machines-LLC.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/f6f33a5b-6aa9-4646-9299-a0d67dbdae25"><img src="https://ml.globenewswire.com/media/f6f33a5b-6aa9-4646-9299-a0d67dbdae25/small/blacklogo-flat-png.png" border="0" width="150" height="55" alt="Primary Logo"></img></a></p>

Intuitive Machines landed a firm-fixed-price NASA contract valued at up to $148.3 million to deliver a production-line-qualified Nova-C lander by 2028, including a $68.6 million base and a $79.7 million incentive for rapid product-line qualification. The sixth CLPS order broadens IM's lunar logistics footprint and supports Artemis, signaling a multi-year revenue ramp as mass production scales.

Intuitive Machines Secures Sixth NASA CLPS Award to Establish High-Volume Lunar Utility Pipeline

AI Summary

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Companies Mentioned

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