Intuitive Machines Shares Surge on Space Contracts and Expanded Q4 Revenue
Intuitive Machines' Q4 revenue jumped 79% to $54.6 million, boosting shares by 20% on newly secured space contracts vital to NASA's Artemis program, despite earlier setbacks in moon landing missions.
Published on March 28, 2025
On March 24, 2025, Intuitive Machines reported a significant 79% increase in fourth-quarter revenue, with shares rising 20% after securing additional contracts for direct-to-earth services. These contracts are crucial for spacecraft communication and navigation, supporting high-profile missions such as NASA's Artemis program.
The revenue boost to $54.6 million—up from $30.7 million the previous year—comes as the company reaffirms its plans to launch the third moon lander mission, IM-3, in about a year. Despite earlier challenges that led to a 61% drop in shares due to moon landing mission issues, analysts remain confident in the company’s strategic focus on space contracts as a key revenue driver.