Intuitive Machines Announces Strategic Partnership and Leadership Changes

Intuitive Machines, Inc. has announced a strategic partnership with South Korean firm Boryung Corporation to collaborate on space exploration projects. The partnership aims to facilitate long-term research on human life and work in space, as well as collect data on gravity and radiation effects for commercial purposes. Intuitive Machines is also expanding its business lines, including orbital services and lunar surface systems. As part of its growth plans, the company has appointed Peter McGrath as Senior Vice President and Chief Operating Officer, effective January 2, 2024. Additionally, Erik Sallee will step down as Chief Financial Officer, with Steven Vontur serving as interim CFO during the transition. Intuitive Machines is a diversified space company that supplies products and services for space exploration.

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