NASA Awards Intuitive Machines Near Space Network Contract with Maximum Potential Value of $4.82 Billion Page 1

HOUSTON, Sept. 17, 2024 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure and services company, today announced that NASA has awarded the Company a Near Space Network (“NSN”) contract for communications and navigation services for missions in the near space region, which extends from the Earth’s surface to beyond the Moon.

This Subcategory 2.2 Geostationary Orbit to Cislunar Relay Services is a new Fixed Price, Multiple Award, Indefinite Delivery/Indefinite Quantity (“IDIQ”) Task Order Contract. The contract has a five-year base period with an additional five-year option period, with a maximum potential value of $4.82 billion. The incrementally funded base order period begins on Tuesday, October 1, 2024 and runs through September 30, 2029, with the option period potentially extending the contract through September 30, 2034.