NASA Redirects Intuitive Machines’ First Mission to the Lunar South Pole Region

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 Company is honored to accept the historic and scientific responsibility of bringing the United States to the lunar South Pole Region for the first time ever.”

Intuitive Machines is working closely with its stakeholders to ensure a seamless landing site change. The landing date is currently scheduled for late June of 2023. This change is expected to positively impact Intuitive Machines’ backlog. More importantly, Intuitive Machines views this as a significant win for the Artemis Program.

NASA has its sights set on locations around the South Pole Region for the Artemis era of human lunar exploration. The agency has identified the South Pole Region as one with characteristics that hold promise for unprecedented deep-space scientific discoveries, like discovering water ice on the Moon. Intuitive Machines’ Nova-C lunar lander would become the first spacecraft to land on the Moon’s South Pole Region.

As previously announced, Intuitive Machines signed a definitive business combination agreement with Inflection Point Acquisition Corp. (Nasdaq: IPAX, IPAXU, IPAXW) (“Inflection Point”), a publicly traded special purpose acquisition company, that is expected to result in Intuitive Machines becoming publicly listed. Completion of the transaction is subject to approval by Inflection Point’s shareholders and other customary closing conditions.

About Intuitive Machines

Intuitive Machines is a diversified space company focused on space exploration. Intuitive Machines supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Intuitive Machines’ products and services are offered through its four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. For more information, please visit intuitivemachines.com.

About Inflection Point Acquisition Corp.

Inflection Point is a blank check company formed for the purpose of identifying and partnering with North American and European businesses in the consumer and technology sectors. Inflection Point’s financial sponsor is an affiliate of Kingstown Capital Management, LP, an investment firm. For more information, please visit inflectionpointacquisition.com.

Additional Information and Where to Find It

This press release relates to a proposed transaction between Intuitive Machines and Inflection Point (the “Business Combination”). The Business Combination will be submitted to shareholders of Inflection Point for their consideration. In connection with the Business Combination, Inflection Point has filed a definitive proxy statement/prospectus, dated January 24, 2023, as may be further supplemented or amended from time to time (the “Definitive Proxy Statement/ Prospectus”). Inflection Point’s shareholders and other interested persons are advised to read the Definitive Proxy Statement/Prospectus and documents incorporated by reference therein filed in connection with Inflection Point’s solicitation of proxies for its extraordinary general meeting of shareholders to be held to approve the Business Combination and other matters, as these materials contain or will contain important information about Inflection Point, Intuitive Machines and the Business Combination. The Definitive Proxy Statement/ Prospectus and other relevant materials for the Business Combination have been mailed to shareholders of Inflection Point as of January 10, 2023, the record date for voting on the Business Combination. Shareholders of Inflection Point may obtain copies of the Definitive Proxy Statement/Prospectus and other documents that are filed or will be filed with the SEC or that are incorporated by reference therein, without charge, once available, at the SEC’s website located at www.sec.gov or by directing a request to: Inflection Point at Inflection Point Acquisition Corp., 34 East 51st Street, 5th Floor, New York, NY 10022