The space exploration company Intuitive Machines with operations in the Houston Spaceport will list on the Nasdaq after a merger with Inflection Point Acquisition Corp.

According to a press release, the business combination agreement was signed Sept. 16. The release from Intuitive Machines states that Intuitive Machines is forecasting approximately $102 million in revenue this year.

“The objective is to create a thriving commercial ecosystem for space for the benefit of civilization,” Intuitive Machines co-founder Kam Ghaffarian said in the release.

Intuitive Machines has scheduled a mission for NASA’s Commercial Lunar Payload Services initiative no earlier than the first quarter of 2023, according to the release. The company develops various advanced space technologies, including propulsion systems, lunar mobility vehicles, power plants and human systems.

www.intuitivemachines.com