Intuitive Machines To Raise $20 Million Ahead Of Lunar Mission

Lonestar Lunar Lander

Additional working capital will help fund ramp-up of work across multiple programs, says Intuitive Machines.

Credit: Intuitive Machines
Intuitive Machines plans to raise $20 million from a sale of its stock and warrants to an undisclosed institutional investor. The space startup, which has scheduled the launch of its first robotic Moon-landing mission on Nov. 15, says the additional fundraising will help it avoid tapping its $50...
Garrett Reim

Based in the Seattle area, Garrett covers the space sector and advanced technologies that are shaping the future of aerospace and defense, including space startups, advanced air mobility and artificial intelligence.

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