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Intuitive Machines posts record Q1 revenue of $186.7M and backlog of $1.1B after Lanteris acquisition

Company Fundamentals
14 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Intuitive Machines reported a record first quarter 2026 revenue of $186.7 million, nearly tripling from the previous year, driven by its acquisition of Lanteris Space Systems and strong contract awards including NASA and U.S. Space Force deals. The company also achieved positive adjusted EBITDA of $2.7 million and ended the quarter with a record backlog of $1.1 billion, up $842 million from year-end 2025. Intuitive Machines is expanding its space infrastructure capabilities with new acquisitions and contracts, positioning itself as a key player in lunar and space services. The company projects full-year 2026 revenue between $900 million and $1 billion with positive adjusted EBITDA.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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1 hour ago
DMG Blockchain invests in fintech MeetAmi and AI firm Atomic47 to expand digital asset and AI data center services

DMG Blockchain invests in fintech MeetAmi and AI firm Atomic47 to expand digital asset and AI data center services

DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...

Company Fundamentals
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Gnosis nears market cap flip of BONK but may face pullback before topping 100th spot.

Gnosis nears market cap flip of BONK but may face pullback before topping 100th spot.

Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...

Technical Signals
Neutral
4 hours ago
Tokenization seen as strategic priority with firms investing in hybrid digital-traditional asset markets.

Tokenization seen as strategic priority with firms investing in hybrid digital-traditional asset markets.

Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...

Market News
Bullish
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Standard Chartered partners with Broadcom to build a secure private cloud for global banking services.

Standard Chartered partners with Broadcom to build a secure private cloud for global banking services.

Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...

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