Intuitive Machines' robotic lunar lander, Odysseus, has successfully entered a low orbit around the moon.

The company aims for a historic landing near the moon's south pole in the Malapert A region, known for water ice.

A successful landing would be the first U.S. moon landing since 1972.

Odysseus carries 12 payloads, with six being NASA science and technology instruments.

The lander is expected to operate for approximately one week on the lunar surface.

The mission's success could be a catalyst for the burgeoning lunar economy.

Intuitive Machines has plans for future missions, including establishing the first cellular network on the Moon in partnership with Nokia.