Intuitive Machines achieves CMMI Maturity Level 3 for software development, meeting NASA's Class A human spaceflight standards.
Quiver AI Summary
Intuitive Machines, Inc. announced that it has achieved Capability Maturity Model Integration (CMMI) Maturity Level 3 for software development, which confirms its adherence to NASA's standards for Class A human spaceflight. This appraisal, conducted by K3 Solutions, indicates that the company has well-defined engineering processes and is committed to high-quality software development practices. The CMMI framework is recognized as an important benchmark for improving software engineering processes, particularly at NASA. Vice President of Engineering James Blakeslee emphasized that this rating aligns the company's engineering practices with their business goals, particularly in delivering reliable lunar exploration solutions. Intuitive Machines, known for its focus on lunar access economics, successfully soft-landed its Nova-C lunar lander in 2024 and returned to the Moon in 2025.
Potential Positives
- Intuitive Machines achieved CMMI Maturity Level 3 for software development, demonstrating a high standard of process maturity in line with industry benchmarks.
- This rating confirms compliance with NASA’s standards for Class A human spaceflight, enhancing the company's reputation and credibility in the aerospace industry.
- The recognition strengthens Intuitive Machines' commitment to disciplined engineering practices and continuous improvement, aligning internal processes with business objectives.
Potential Negatives
- None
FAQ
What is the recent achievement of Intuitive Machines?
Intuitive Machines has been appraised at CMMI® Maturity Level 3 for its software development processes.
Who performed the CMMI appraisal for Intuitive Machines?
The appraisal was conducted by K3 Solutions, LLC, a licensed CMMI Institute partner.
What does CMMI Maturity Level 3 indicate?
CMMI Maturity Level 3 indicates that Intuitive Machines’ software development processes are well defined and consistently applied.
How does this achievement benefit NASA?
The appraisal reflects compliance with NASA’s standards for Class A human spaceflight and supports their software engineering requirements.
What services does Intuitive Machines offer in the space industry?
Intuitive Machines provides lunar delivery services, data transmission services, and infrastructure as a service.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LUNR Insider Trading Activity
$LUNR insiders have traded $LUNR stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $LUNR stock by insiders over the last 6 months:
- KAMAL SEYED GHAFFARIAN has made 0 purchases and 6 sales selling 402,540 shares for an estimated $4,913,817.
- PETER MCGRATH (SVP and CFO) has made 0 purchases and 2 sales selling 110,074 shares for an estimated $1,158,271.
- ANNA CHIARA JONES (GC & Corporate Secretary) has made 0 purchases and 3 sales selling 38,492 shares for an estimated $334,229.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LUNR Hedge Fund Activity
We have seen 139 institutional investors add shares of $LUNR stock to their portfolio, and 78 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 3,876,122 shares (+94.5%) to their portfolio in Q2 2025, for an estimated $42,133,446
- ROYAL BANK OF CANADA added 1,413,809 shares (+6045.3%) to their portfolio in Q2 2025, for an estimated $15,368,103
- TWO SIGMA ADVISERS, LP added 1,399,605 shares (+6823.7%) to their portfolio in Q2 2025, for an estimated $15,213,706
- RENAISSANCE TECHNOLOGIES LLC removed 1,335,500 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $14,516,884
- GEODE CAPITAL MANAGEMENT, LLC added 1,141,454 shares (+78.6%) to their portfolio in Q2 2025, for an estimated $12,407,604
- MILLENNIUM MANAGEMENT LLC added 1,057,258 shares (+61.3%) to their portfolio in Q2 2025, for an estimated $11,492,394
- VANGUARD GROUP INC added 951,524 shares (+21.5%) to their portfolio in Q2 2025, for an estimated $10,343,065
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LUNR Analyst Ratings
Wall Street analysts have issued reports on $LUNR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Underperform" rating on 08/25/2025
- Canaccord Genuity issued a "Buy" rating on 08/19/2025
- Cantor Fitzgerald issued a "Overweight" rating on 05/14/2025
To track analyst ratings and price targets for $LUNR, check out Quiver Quantitative's $LUNR forecast page.
$LUNR Price Targets
Multiple analysts have issued price targets for $LUNR recently. We have seen 4 analysts offer price targets for $LUNR in the last 6 months, with a median target of $14.5.
Here are some recent targets:
- Ronald Epstein from B of A Securities set a target price of $8.5 on 08/25/2025
- Austin Moeller from Canaccord Genuity set a target price of $18.5 on 08/19/2025
- David Strauss from Barclays set a target price of $13.0 on 05/22/2025
- Andres Sheppard from Cantor Fitzgerald set a target price of $16.0 on 05/14/2025
Full Release
HOUSTON, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space technology and infrastructure services company, today announced it has been appraised at Capability Maturity Model Integration (CMMI ® ) Maturity Level 3 for software development. In addition to meeting the requirements for this maturity level, the rating demonstrates that Intuitive Machines meets NASA’s standards for Class A human spaceflight together with well-defined and consistently applied engineering processes. The appraisal was performed by K3 Solutions, LLC, a licensed CMMI Institute partner.
CMMI is an industry-recognized improvement framework that provides organizations with processes to help improve performance and effectiveness. A CMMI appraisal at Maturity Level 3 indicates that Intuitive Machines’ software development processes are well characterized and understood and are clearly described in standards, procedures, tools, and methods. CMMI serves as a preferred benchmark for measuring and improving software engineering process maturity at NASA Centers to support NASA’s software engineering requirements.
“Receiving a CMMI Level 3 rating reflects our ongoing commitment to disciplined engineering practices and continuous improvement,” said Intuitive Machines Vice President of Engineering, James Blakeslee. “This distinction demonstrates a clear link between our internal software development process initiatives and our business objectives, including the delivery of dependable, high-performance solutions like lunar terrain vehicle services.”
About Intuitive Machines
Intuitive Machines is a diversified space technology, infrastructure, and services company focused on fundamentally disrupting lunar access economics. In 2024, Intuitive Machines successfully soft-landed the Company’s Nova-C class lunar lander on the Moon, returning the United States to the lunar surface for the first time since 1972. In 2025, Intuitive Machines returned to the lunar south pole with a second lander. The Company’s products and services are focused through three pillars of space commercialization: Delivery Services, Data Transmission Services, and Infrastructure as a Service. For more information, please visit intuitivemachines.com .
About CMMI ® Institute
CMMI ® Institute is trusted by thousands of high-performing companies worldwide to deliver guidance to build and sustain processes that drive business value and innovation. CMMI (Capability Maturity Model Integration) is a globally recognized performance improvement framework that helps organizations elevate and benchmark their capabilities to deliver high-quality products and services. Backed by decades of proven results, CMMI empowers organizations across industries to achieve measurable outcomes in quality, productivity, and efficiency. Designed with an open architecture, CMMI adapts to emerging challenges and industry-specific needs—enabling the development of tailored extensions like the Medical Device Discovery Appraisal Program (MDDAP), which supports FDA’s Case for Quality initiative. To learn more about CMMI, visit cmmiinstitute.com.
Contacts
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ea785e64-59fb-4d8c-a3c4-14012043546f
