Inflection Point Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/19/2023 | $14.00 | Buy | The Benchmark Company |
The Benchmark Company initiated coverage of Inflection Point Acquisition Corp. with a rating of Buy and set a new price target of $14.00
Intuitive Machines, LLC, a leading space exploration, infrastructure, and services company, today announced the completion of its business combination with Inflection Point Acquisition Corp. ("Inflection Point") (NASDAQ:IPAX, IPAXU, IPAXW))), a special purpose acquisition company traded on Nasdaq. Inflection Point's shareholders approved the business combination at an extraordinary general meeting held on February 8, 2023. In connection with the closing of the business combination, Inflection Point has been renamed "Intuitive Machines, Inc." (the "Company" or "Intuitive Machines"). Commencing at the open of trading on February 14, 2023, Intuitive Machines' common stock and warrants are exp
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company, is collaborating with NASA to prioritize the return of lunar scientific data in support of the Artemis Program. As part of this joint effort, Intuitive Machines will shift the landing site of its first mission to the lunar South Pole Region in support of NASA's priority objectives. "Redirecting Intuitive Machines' IM-1 mission landing site is a testament to our collective commitment to supporting NASA's Artemis Program and advancing lunar exploration for the benefit of humanity," said Steve Altemus, Co-Founder, President and CEO of Intuitive Machines. "The Com
Inflection Point Acquisition Corp. (NASDAQ:IPAX, IPAXU, IPAXW))) ("Inflection Point"), a publicly traded special purpose acquisition company, today announced that its Registration Statement on Form S-4 relating to the previously announced business combination (the "Business Combination") with Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company founded in 2013, has been declared effective by the U.S. Securities and Exchange Commission ("SEC"). Inflection Point will mail the definitive proxy statement/prospectus relating to the Business Combination (the "Proxy Statement") to stockholders of record as of the close
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company, today announced the execution of an agreement to deliver Brokkr-2, a deep space vehicle from California-based asteroid mining company, AstroForge, Inc. ("AstroForge"), to deep space to observe one of AstroForge's target asteroids. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005210/en/Source: Intuitive Machines Brokkr-2 is expected to launch during Intuitive Machines' second lunar mission in the second half of 2023. Intuitive Machines intends to deploy Brokkr-2 using the Company's excess laun
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company, today announced it will work alongside Jacobs Solutions Inc. ("Jacobs") (NYSE:J) to safely and successfully accomplish the goals and contractual requirements within NASA's Johnson Space Center Engineering, Technology, and Science (JETS) II contract. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230112005474/en/J) to safely and successfully accomplish the goals and contractual requirements within NASA's Johnson Space Center Engineering, Technology, and Science (JETS) II contract. Source: Intuitive Ma
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company, and Japan-based robotics company, Dymon Co., Ltd. ("Dymon"), have signed an agreement to fly Dymon's Yaoki rover on Intuitive Machines' second mission to the Moon. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230105005396/en/Intuitive Machines, LLC, a leading space exploration, infrastructure, and services company, and Japan-based robotics company, Dymon Co., Ltd., have signed an agreement to fly Dymon's Yaoki rover on Intuitive Machines' second mission to the Moon. (Photo: Intuitive Machines) Yaok
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading exploration, infrastructure, and services company, today announced that it successfully tracked NASA's Artemis I Mission ("Artemis I") as the spacecraft reached its farthest distance from Earth. We believe the results demonstrate the Company's capability to augment NASA's existing tracking measurements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221212005193/en/(Photo: Intuitive Machines) As previously announced on November 10, 2022, NASA authorized Intuitive Machines to utilize its mission control and global ground station network to track Artemis I u
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading exploration, infrastructure, and services company, today announced NASA's approval for Intuitive Machines to utilize its mission control and global ground station network to track the Artemis I Mission ("Artemis I"). Artemis I is NASA's first mission in a series of increasingly complex missions that are expected to enable human exploration to the Moon and Mars. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221110005374/en/One-way Doppler measurements involve determining the Doppler shift in the Orion S-band return link carrier signal as observed at each o
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company, today opened its Small Engine Verification Facility ("Flame Range"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221101005385/en/(Photo: Business Wire) The Flame Range is located within Intuitive Machines' 12.5-acre lot at the Houston Spaceport, where Intuitive Machines is completing the construction on its 100,000 square feet Lunar Production and Operations Center ("LPOC") with contractor Burns & McDonnell, and consulting by Griffin Partners. The Flame Range is a state-of-the-art testing facility
Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company founded in 2013, which recently announced its proposed business combination with Inflection Point Acquisition Corp. (NASDAQ:IPAX, IPAXU, IPAXW))) ("Inflection Point"), a publicly traded special purpose acquisition company, today announced the filing of a registration statement on Form S-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC"). The Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced proposed business combination. While the Registration Statement
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Intuitive Machines, LLC ("Intuitive Machines" or the "Company"), a leading space exploration, infrastructure, and services company founded in 2013, today announced the appointment of Ben Bussey, Ph.D., as Chief Scientist effective as of Sep 6, 2022, ahead of the Company's first of four planned lunar missions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220927005435/en/Ben Bussey, Ph.D., Chief Scientist, Intuitive Machines. Photo: Intuitive Machines Dr. Bussey will be responsible for interacting with the international science community to enable collaborations for exploring the Moon utilizing Intuitive Machines' landers and lun
Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company") announced today that it has appointed Paula Sutter to its Board of Directors (the "Board") as an independent director, effective immediately. With the addition of Ms. Sutter, Paramount's Board now comprises ten members, nine of whom are independent. "Paula is a highly experienced business executive who brings added depth and perspective to our Board of Directors," said Albert Behler, Chairman, Chief Executive Officer and President of Paramount Group. "Her appointment is also in keeping with our commitment to increase the number of women on the Board. Paula will be a valuable addition to the Board and we look forward to workin
Intuitive Machines is a diversified space exploration, infrastructure, and services company with marquee contracts supporting space exploration and NASA's $93 billion Artemis program. Intuitive Machines is a leading participant in NASA's Commercial Lunar Payload Services initiative, having been awarded contracts for three missions to date, more than any other contractor. For its first mission scheduled for no earlier than Q1 2023, an Intuitive Machines lunar lander, launched on a SpaceX Falcon 9 Rocket, is expected to transport government and commercial payloads to the surface of the Moon, marking the United States' first return to the Moon since NASA's last Apollo mission in 1972. I
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