11 days ago
GuruFocus
Intuitive Machines, LLC (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, today announced the execution of an agreement to deliver Brokkr-2, a deep space vehicle from California-based asteroid mining company, AstroForge, Inc. (“AstroForge”), to deep space to observe one of AstroForge’s target asteroids. View the full release here: https://www.businesswire.com/news/home/20230124005210/en/Source: Intuitive MachinesBrokkr-2 is expected to launch during Intuitive Machines’ second lunar mission in the second half of 2023. “Intuitive Machines’ cost-effective rideshare makes opportunities like this possible, and it’s the perfect example of the emerging cislunar economy.”As previously announced, Intuitive Machines signed a definitive business combination agreement with Inflection Point Acquisition Corp. (Nasdaq: IPAX, IPAXU, IPAXW) (“Inflection Point”), a publicly traded special purpose acquisition company, that is expected to result in Intuitive Machines becoming publicly listed. Neither Intuitive Machines nor Inflection Point gives any assurance that either Intuitive Machines or Inflection Point, respectively, will achieve its expectations. Information about Inflection Point’s directors and executive officers and their ownership of Inflection Point’s securities is set forth in Inflection Point’s filings with the SEC.
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