Defense contracts.
Satellite contracts.
Lunar exploration contracts.
The list keeps growing.
Earlier this year, Intuitive Machines secured hundreds of millions of dollars in new awards tied to defense and space infrastructure projects. Its backlog reportedly surged past $1 billion, giving investors plenty to gossip about.
And let’s be honest.
Wall Street loves a company with a giant backlog.
It makes future revenue projections look much prettier.
As SpaceX dominates headlines, Intuitive Machines is quietly building a reputation as one of the most important government-linked space companies in America.
Not bad for a stock that many casual investors barely knew existed a few years ago.
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