A Houston-based space tech company focused on sending the first American spacecraft to the Moon since NASA's Apollo program is planning on expanding its presence here on Earth too.

Intuitive Machines announced its plans to move from its current facility in the Houston Spaceport into a new 125,000-square-foot building on a 12.5-acre plot also in the Houston Spaceport.

"We grew up as a company alongside Spaceport Houston, and we continue to grow as Spaceport Houston grows," says IM President and CEO Steve Altemus in a news release. "My partners, Dr. Tim Crain and Dr. Kam Ghaffarian, and I chose Houston because of its diverse talent, rapidly growing innovation ecosystem, and deep-rooted connection to spaceflight.

"Houston is our home, a place surrounded by family, friends, and people of true grit," he continues. "Whether it is a flood, pandemic, or landing on the Moon, Space City does not back down from a challenge, and this building is Intuitive Machines accepting one of humanity's greatest challenges."

The transition to the new space is expected in 2023, while Intuitive Machines' Moon landing is planned for the first quarter of 2022. From then, the company begins an annual launch plan delivering both NASA and commercial payloads to the Moon.

"We are thrilled that Intuitive Machines has decided to further invest in the tremendous aerospace ecosystem at Houston Spaceport," Houston Airports Director of Aviation Mario Diaz says in the release. "I believe Intuitive Machines is a real-life Houston success story that hits to the core of Houston Spaceport's mission – to create a focal point for aerospace innovation with a cluster of aerospace companies that will lead the nation in the transition from a government-focused to a commercially- driven space program."