StoryCommercial
Intuitive Machines completes its $800M acquisition of Lanteris Space Systems
Intuitive Machines closed its acquisition of Lanteris Space Systems for $800 million, combining the lunar-lander company's in-space operations expertise with Lanteris's proven satellite manufacturing capabilities. The deal transforms Intuitive Machines into a vertically integrated contractor with broader spacecraft production capacity.
- Deal structure: $450 million in cash, $350 million in Intuitive Machines Class A common stock.
- Lanteris operates proven satellite production across LEO, MEO and GEO, supporting national security missions.
- CEO Steve Altemus: the combined entity now serves NASA Artemis, Space Development Agency initiatives and future Mars telecommunications.
- Chris Johnson remains Lanteris President under new ownership.