$LUNR The IM2 landing has been a complete failure! They couldn’t even control the area where the lander was supposed to land. It’s upside down and won’t recharge itself due to lack of sun exposure. Moon landing is tough!
"""With the direction of the sun, the orientation of the solar panels, and extreme cold temperatures in the crater, Intuitive Machines does not expect Athena to recharge. The mission has concluded and teams are continuing to assess the data collected throughout the mission.
This southern pole region is lit by harsh sun angles and has limited direct communication with Earth. This area has been avoided due to its rugged terrain, and Intuitive Machines believes the insights and achievements from IM-2 will open this region for further space exploration."""
If you’re looking for a high-risk, high-reward stock, have a look at $RMTI , which is a profitable growing company that was recently oversold due to panic about losing a customer. To find out more, read: https://t.co/iu2QeORpHv
@dwavequantum partners with @ChicagoQuantum to advance quantum education and industry adoption. Together, we're energizing the Midwest's quantum community and shaping the quantum economy. Read more here: https://t.co/idYJR9zbOX
#QuantumComputing#QuantumUSLeadership $QBTS
Community discussing various benchmarks - #quantum advantage, utility, supremacy. From our POV, they represent different milestones given whether the problem can be solved classically and whether the problem is contrived or useful. We believe we’ve achieved each. $QBTS
https://t.co/Vn641UkueF
Community discussing various benchmarks - #quantum advantage, utility, supremacy. From our POV, they represent different milestones given whether the problem can be solved classically and whether the problem is contrived or useful. We believe we’ve achieved each. $QBTS
https://t.co/Vn641UkueF
Ambitious goals are achieved with bold missions. Intuitive Machines has added asteroid mining company @astroforge to its third lunar mission for rideshare delivery services. Welcome to IM-3!
Intuitive Machines' second lunar mission payload, @nokia@BellLabs lunar 4G/LTE system, will be further adapted for use in @Axiom_Space's AxEMU spacesuit.
Not only are we celebrating the $Shping Boosters' 1st anniversary; this product continues to remain significant & relevant in the industry, more specifically in empowering brands' flexibility in running their own campaigns, which brings them closer to their end consumer.👏#DeTOR
Not only are we celebrating the $Shping Boosters' 1st anniversary; this product continues to remain significant & relevant in the industry, more specifically in empowering brands' flexibility in running their own campaigns, which brings them closer to their end consumer.👏#DeTOR
The next era of space exploration is here! We're bringing the first cellular network to the Moon and working on the tech for humanity's future in space. Follow our journey into the cosmos: https://t.co/TdrVmvY7mv
#NokiaInnovates#NokiaBellLabs
The next era of space exploration is here! We're bringing the first cellular network to the Moon and working on the tech for humanity's future in space. Follow our journey into the cosmos: https://t.co/TdrVmvY7mv
#NokiaInnovates#NokiaBellLabs
The next era of space exploration is here! We're bringing the first cellular network to the Moon and working on the tech for humanity's future in space. Follow our journey into the cosmos: https://t.co/TdrVmvY7mv
#NokiaInnovates#NokiaBellLabs
Got a question or want to hear us respond to queries from other project followers? Join our quarterly AMA—our next one is just around the corner! #DeTOR
You might also find this quick link pinned in our profile useful🥰
https://t.co/x46DXPboMg
$LUNR Intuitive Machines, Inc. Q2 2024 Earnings Call Key Highlights:
Strong Financial Performance:Intuitive Machines reported Q2 2024 revenue of $41.4 million, a significant increase of 130% compared to the same quarter in 2023. Revenue for the first half of 2024 was $114.5 million, exceeding the total revenue for 2023. The company raised its full-year revenue guidance, now expecting between $210 million to $240 million, reflecting 2.6x to 3x growth over the prior year.
Zero Debt and Strong Cash Position:The company is now debt-free, having paid off $21.5 million in launch provider payments and retired $5 million of outstanding debt during Q2. With a cash balance of $31.6 million at the end of Q2, Intuitive Machines is in a strong financial position, with sufficient cash to fund expected operations for the next 12 months.
Key Contract Modifications and Project Updates:Significant progress was made on the IM-2 and IM-3 missions, including successful contract modifications with NASA that align with updated schedules and enhance the company’s operational capabilities. The modifications reduced schedule uncertainty and provided better insight into landing site locations and NASA payload delivery times.
Lunar Mission Advancements:Intuitive Machines is preparing for its second lunar mission with successful assembly integration, testing of the lander, and flight engine qualification. The company also finalized the landing site for this mission in partnership with NASA. Additionally, the company has sold out rideshare capacity on the second mission and secured commercial rideshare services for asteroid mining on the third mission.
NASA VIPER Rover Proposal:Intuitive Machines submitted a proposal to NASA expressing interest in commercializing the VIPER rover system after NASA’s cancellation of the VIPER program due to budgetary concerns. The company believes it can deliver the mission commercially using its Nova-D heavy cargo class lander, potentially offering valuable data for the Artemis program.
Near Space Network Services (NSNS) Contract:The NSNS contract is critical for enabling comprehensive data services for navigation, prospecting, and communications around the moon. Intuitive Machines expects imminent awards for this contract, which would significantly enhance its capabilities in offering data transmission services around the moon.
Operational Expansion and Market Diversification:The company is actively pursuing opportunities beyond NASA, including contracts with the Department of Defense (DoD) and international partners. Intuitive Machines is also involved in projects such as the JETSON low-power nuclear satellite and commercial rideshare payloads, indicating a diversified approach to its space operations.
Outlook and Growth Potential:Intuitive Machines is positioned for continued growth with a strong backlog of $213 million and potential new awards on the horizon, including NSNS and CP-22 contracts. The company remains focused on its long-term strategy of providing delivery services, data transmission, and autonomous operations to support the burgeoning lunar economy and broader space commercialization efforts.