Intuitive Machines Successfully Completes Launch Vibration Tests in Preparation for Lunar Mission
March 16 2023 - 4:00PM
Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive
Machines” or the “Company”), a leading space exploration,
infrastructure, and services company, today announced that its
lunar lander, Nova-C has completed all structural testing, paving
the way for the Company’s first mission to the Moon later this
year.
The series of modal tests, conducted by Intuitive Machines
engineers, subjected the Company’s Nova-C lunar lander to low-level
vibration to excite the completed lander. Results from these tests
correlate the detailed finite element model of Nova-C with flight
structure, ultimately allowing engineers to calculate flight
environments of the lander, electronics, and customer payloads that
they will be exposed to during the launch. The modal tests, in
conjunction with previous vibration and static load tests, provide
the complete structural certification of the flight lander.
“Completing modal testing and structural certification in
advance of our first mission to the Moon is a significant milestone
ahead of launching later this year,” said Steve Altemus, Chief
Executive Officer of Intuitive Machines. “Returning the United
States to the Moon is a historic mission, and completing this test
ensures the payloads and spacecraft subsystems can withstand the
vibrations of launch.”
Intuitive Machines is a leading participant in NASA’s Commercial
Lunar Payload Services initiative, having been awarded contracts
for three missions, to date, more than any other contractor.
About Intuitive Machines
Intuitive Machines is a diversified space company focused on
space exploration. Intuitive Machines supplies space products and
services to support sustained robotic and human exploration to the
Moon, Mars, and beyond. Intuitive Machines’ products and services
are offered through its four business units: Lunar Access Services,
Orbital Services, Lunar Data Services, and Space Products and
Infrastructure. For more information, please visit
intuitivemachines.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements in this press release include but
are not limited to: statements regarding our first mission to the
Moon, including the expected timing thereof. Such statements can be
identified by the fact that they do not relate strictly to
historical or current facts. When used in this press release, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “strive,” “would,” and
similar expressions may identify forward-looking statements, but
the absence of these words does not mean that a statement is not
forward-looking. Forward-looking statements are predictions,
projections, and other statements about future events that are
based on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this press release, including, but not limited to:
our ability to adequately market our products and services, and to
develop additional products and product offerings; our ability to
manage our growth effectively, including through acquisitions;
failure to maintain and protect our reputation; our ability to
attract, develop, and retain capable management, editors, and other
key personnel; our ability to grow market share in our existing
markets or any new markets we may enter; our ability to respond to
and adapt to changes in technology and consumer behavior; failure
to successfully identify and integrate acquisitions, or dispose of
assets and businesses; our ability to raise financing in the future
and to comply with restrictive covenants related to long-term
indebtedness; our ability to maintain and protect our intellectual
property; and adverse global economic conditions; and such other
important factors discussed under the caption "Risk Factors" in our
proxy statement for extraordinary general meeting of shareholders
and prospectus filed with the Securities and Exchange Commission
(the “SEC”) on January 24, 2023 pursuant to Rule 424(b)(3), as such
factors may be updated from time to time in our other filings with
the SEC, which are accessible on the SEC's website at www.sec.gov
and the Investors section of our website at
www.investors.intuitivemachines.com.
These forward-looking statements are based on information
available as of the date of this press release and current
expectations, forecasts, and assumptions, and involve a number of
judgments, risks, and uncertainties. Accordingly, forward-looking
statements should not be relied upon as representing our views as
of any subsequent date, and we do not undertake any obligation to
update forward-looking statements to reflect events or
circumstances after the date they were made, whether as a result of
new information, future events, or otherwise, except as may be
required under applicable securities laws.
Contacts
For investor inquiries:
investors@intuitivemachines.com
For media inquiries:
press@intuitivemachines.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/fb2ba186-8c94-4553-9bc5-85b88fb701a1
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