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Intuitive Machines to Acquire Lanteris for $800 Million

11/5/2025

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Summary

Story summary

Intuitive Machines, a space technology company, announced on November 4, 2025 that it will acquire Lanteris Space Systems for $800 million.
The deal expands from lunar exploration to space projects, including defense satellite manufacturing, positioning Intuitive Machines as a multi-domain space prime per Steve Altemus.
The companies expect to close the deal in Q1 2026, pending regulatory approval, and forecast over $850 million in revenue and $920 million backlog.

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Story summary

Intuitive Machines, a space technology company, announced on November 4, 2025 that it will acquire Lanteris Space Systems for $800 million.
The deal expands from lunar exploration to space projects, including defense satellite manufacturing, positioning Intuitive Machines as a multi-domain space prime per Steve Altemus.
The companies expect to close the deal in Q1 2026, pending regulatory approval, and forecast over $850 million in revenue and $920 million backlog.