4.0 Customers
Intuitive Machines’ revenue is concentrated among a handful of large customers, although that concentration has eased as the business has scaled. For the three months ended March 31, 2026, four major customers accounted for 36%, 26%, 13%, and 13% of total revenue, roughly 88% combined, compared with a single customer that represented 78% of revenue for FY25.
U.S. Government
NASA
Lunar Delivery – CLPSNear Space NetworkSR-1 Freedom PPEDeep-Space Navigation
Defense / National Security
Space Development Agency (SDA) via L3Harris – Tranches 1 – 3Missile Defense Agency – SHIELD IDIQAir Force Research Laboratory – JETSON
State Governments
TexasCaliforniaArizonaMarylandColorado
Commercial
Lunar Payload Customers
Columbia SportswearNokiaAegis AerospaceAstroForgeLonestar Data HoldingsLunar OutpostIntl. Lunar Observatory Assoc.Galactic Legacy LabsJeff Koons
Commercial Satellites
Hughes Network Systems – JUPITER 3EchoStar / DISHSiriusXMVantor – Earth Imaging
International
European & Asian National Space Agencies
Lunar-Cargo Customers
Dymon (Japan)Puli Space (Hungary)German Aerospace Center
International GEO Telecom Operators
Undisclosed