spacetoday.net: Intuitive Machines to acquire Lanteris Space Systems

Posted: Sun, Nov 9, 2025, 8:53 AM ET (1353 GMT)
Intuitive Machines is acquiring satellite manufacturer Lanteris Space Systems, the former Maxar Space Systems. Intuitive Machines said it reached an agreement with Advent International, the private equity company that owns Lanteris, to purchase Lanteris for $800 million: $450 million in cash and $350 million in Intuitive Machines Class A stock. The deal is expected to close in the first quarter of 2026. Intuitive Machines is best known as a developer of lunar landers, and is also working on lunar communications satellites and a crewed lunar rover. Lanteris, which changed its name from Maxar Space Systems last month, is a satellite manufacturer that once primarily focused on commercial GEO communications satellites but has diversified into smaller LEO satellites and other missions. Intuitive said the deal would turn it from “a lunar company to a multi-domain space prime.”