Intuitive Machines posts record $1.8B backlog as Q2 revenue rises
Intuitive Machines reported second-quarter revenue of $206 million and ended the quarter with a record $1.8 billion backlog. Bookings totaled $1.7 billion this year, including $1.2 billion in Q2. NASA selected the company for the CS-8 lunar delivery mission, and the firm raised $235 million in net proceeds via an at-the-market stock program.