IM-1 lunar lander
Intuitive Machines says the funds from the deal will fund its business plan, which includes a series of lunar lander missions like IM-1 (above), through profitability in two to three years.

Rising interest rates are making it more difficult for space startups to raise money, some warn, forcing them to seek alternative sources of funding.

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Jeff Foust has more than a decade of experience writing about space policy, entrepreneurial ventures and regulatory affairs. In 2001, he established spacetoday.net to aggregate and summarize the day's space-related news stories. In 2003, he started The...