Anne Arundel County Council Meeting Agenda May 4, 2026
County endorses MEDAF loan for Intuitive Machines expansion
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Description
Anne Arundel County Council is set to consider Resolution 11-26 endorsing a $500,000 MEDAF conditional loan to Intuitive Machines, LLC to expand its manufacturing and headquarters operations in Glen Burnie. The approximately $4.5 million project will support additional space exploration work and create 50 new full-time jobs by 2030.
Contract Details
Contract Amount
$500,000
Vendor
INTUITIVE MACHINES LLC
Agency
Anne Arundel County, MD
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Conditional loan; expansion and hiring through December 31, 2030
Renewal Info
One-time conditional loan endorsement; no renewal terms are specified. Expansion and hiring commitments run through December 31, 2030.
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