Intuitive Machines Books Order for Two IM 300 Platforms from New Customer

HOUSTON, Sept. 01, 2026 — Intuitive Machines, Inc. (Nasdaq: LUNR) ("Intuitive Machines," and together with its subsidiaries, the "Company"), a leading space technology, infrastructure, and services company, announced today that it has been awarded a contract to build two IM 300™ series platforms for a new, undisclosed customer.

Rendering of the IM 300™ Platform

The award marks the addition of a new market segment of customers for the IM 300 base and reflects continued demand for spacecraft platforms that can be configured to a specific mission and delivered on compressed timelines.

“This contract demonstrates that the IM 300 can serve multiple missions with various customers. The modularity of the IM 300 enabled us to scale its capability to support a heavier, higher-power payload class," said Chris Johnson, President of Intuitive Machines Space Systems.

A platform built for mission flexibility

The IM 300 is the proliferated platform in the Company's satellite product line and is engineered around a modular architecture that allows the same core bus to support substantially different payloads and mission profiles.

Platform capabilities include:

• Proliferated-architecture ready. Low unit mass allows multiple spacecraft to be manifested on a single launch, lowering the cost of deploying and replenishing a constellation.
• High power in a lightweight structure. The IM 300 is designed to carry a relatively heavy payload on a low-mass bus, with power capability at the top of its class.
• Scalable payload accommodation. Standardized interfaces support commercial, civil, and national security payloads across all mission sets.
• Optical and RF crosslinks. The platform supports both optical and radio frequency inter-satellite links, enabling operation as a networked constellation node rather than a standalone asset.
• Configurable propulsion. Customers can select chemical or electric propulsion depending on orbit, maneuvering requirements, and mission duration.

Manufactured at rate

The IM 300 is produced at the Company's high-volume satellite production facility in Palo Alto, California, which was purpose-built for serial spacecraft manufacturing rather than one-off builds. That infrastructure, combined with a qualified supplier base, is what allows Intuitive Machines to accept new orders without disrupting existing customer schedules.

About Intuitive Machines

Intuitive Machines is a next-generation space infrastructure company delivering integrated capabilities across spacecraft manufacturing, communications, networks, mission operations, and ground infrastructure to build, connect, and operate systems across Earth orbit, cislunar space, and deep space. Serving commercial, civil, and national security customers, Intuitive Machines is focused on enabling resilient, scalable infrastructure for sustained operations in space.

Contacts

For investor inquiries: [email protected]

For media inquiries: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/374bb630-8a6b-4b23-89f0-c54e362893d7