Intuitive Machines, Inc. (NASDAQ:LUNR) Q3 2023 Earnings Conference Call November 13, 2023 8:30 AM ET

Company Participants

Stephen Zhang - Investor Relations

Stephen Altemus - Co-founder, President, Chief Executive Officer

Erik Sallee - Chief Financial Officer

Conference Call Participants

Joshua Sullivan - The Benchmark Company

Edison Yu - Deutsche Bank

Andres Sheppard-Slinger - Cantor Fitzgerald

Austin Moeller - Canaccord Genuity

Sujeeva Desilva - ROTH Capital Partners

Operator

Welcome to Intuitive Machines Third Quarter 2023 Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Stephen Zhang. Please go ahead, sir.

Stephen Zhang

Good morning. Welcome to the Intuitive Machines Third Quarter 2023 Earnings Call. Chief Executive Officer, Steve Altemus; and Chief Financial Officer, Erik Sallee, are leading the call today.

Before we begin, please note that some of the information discussed during today’s call will consist of forward-looking statements, setting forth our current expectations with respect to the future of our business, the economy and other events. The company’s actual results could differ materially from those indicated in any forward-looking statements due to many factors. These factors are described under forward-looking statements in the company’s press release and the company’s most recent 10-Q filed with the SEC.

We do not undertake any obligation to update forward-looking statements. We also expect to discuss certain financial measures and information that are non-GAAP measures as defined in the applicable SEC rules and regulations. Reconciliations to the company’s GAAP measures are included in the earnings release filed on Form 8-K. Finally, we posted an earnings call presentation on our website which provides additional context on our financial performance. You can find this presentation on our Investor Relations page at www.intuitivemachine.com/investors. Now I’ll turn the call over to Steve Altemus.

Stephen Altemus

Thanks, Stephen. Welcome, everyone, and thank you for joining us. In today’s presentation, I will provide updates and accomplishments across the company’s 4 business units. After, I will hand the call to our Chief Financial Officer, Erik Sallee, to review our financial results for the third quarter of 2023.

Let’s begin with our Lunar Access Services accomplishments. During our second quarter call, we mentioned that we believe launchpad congestion was going to determine the priority of launches through the rest of the year.