Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

From CNBC:

Intuitive Machines completed its historic moon landing with the IM-1 lander, reporting fourth-quarter results showing a cash balance of $4.5 million, boosted by $60 million in new capital. Net income for the quarter was $4.6 million, revenue at $30.6 million. The company sees potential NASA contract awards and a $270 million backlog.

Intuitive Machines is gearing up for its second lunar mission, following the success of the IM-1 lander. The company plans for the IM-2 mission in 2024, with adjustments made based on lessons learned from the first mission. Milestones include testing payloads like a rocket-powered drone and NASA ice mining drill.



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