Intuitive Machines Well Positioned to Capitalize on Growing Cislunar Economy
Predicting US$250M revenue in 2024 and estimating $70M cash on hand, market analyst Stephen Tobin makes bullish case for Houston TX-based Intuitive Machines (LUNR) despite $53M negative equity as of Q4 2023 earnings report; Pointing to success of IM-1 and upcoming NASA CLPS-funded IM-2 and -3 missions NET Q4 2024 / 2025 as well as $30M Lunar Terrain Vehicle (with Boeing, Northrop Grumman), $719M Joint Polar Satellite System (with KBR), and $5M Fission Surface Power (with X-energy) contracts, Tobin suggests IM lunar services will be in demand by commercial interests and small national space agencies eager to utilize Earth-Moon / cislunar transport, operational and communication capabilities