Intuitive Machines Completes Acquisition of Lanteris Space Systems
Positions IM to be a Vertically Integrated Next-Generation Space Prime Contractor
Intuitive Machines has completed its acquisition of Lanteris Space Systems (“Lanteris”), formerly Maxar Space Systems. The acquisition, first announced on November 4, 2025, was completed for $800 million before closing adjustments, consisting of $450 million in cash and $350 million in Intuitive Machines Class A common stock.
“This acquisition marks a defining moment in the evolution of Intuitive Machines.”
Steve Altemus, Intuitive Machines
Lanteris LEO, MEO and GEO satellites support missile warning and tracking, tactical intelligence, surveillance, reconnaissance, Earth observation, and space domain awareness. Leveraging rapid design and efficient manufacturing, Lanteris is built to deliver with speed, innovation and has a record of proven success in space.
“This acquisition marks a defining moment in the evolution of Intuitive Machines,” said Intuitive Machines CEO, Steve Altemus. “We previously proved our ability to operate on the Moon. With Lanteris, we add flight-proven manufacturing at scale. Together, these strengths transform Intuitive Machines into a multi-domain, end-to-end solutions provider that can build spacecraft, connect resilient communications and navigation networks, and operate systems across LEO, MEO, GEO and cislunar space.”
The acquisition aligns with the Intuitive Machines vision, strengthening the Company’s position as a vertically integrated next generation space prime that is able to build, connect, and operate end-to-end mission solutions unique to the marketplace today.
“If we could have chosen the best outcome for Lanteris over the past few years, this is exactly what we would have envisioned, and we’re excited for the future,” said Chris Johnson, who will continue as President of Lanteris Space Systems.
With the closing of this transaction, Intuitive Machines strengthens its ability to service future Golden Dome, Space Development Agency layered architecture, and NASA’s Artemis and Lunar Terrain Vehicle initiatives, as well as future Mars telecommunications missions.