Intuitive Machines acquires Lanteris Space Systems from Advent International
- Acquirer
- Intuitive Machines
- Acquired organization
- Lanteris Space Systems
- Seller
- Advent International
Scope: Lanteris Space Systems (100% transferred)
Whole-company acquisition; Lanteris continues operating under its own name as an Intuitive Machines subsidiary.
Event context
Intuitive Machines entered a Membership Interest Purchase Agreement on Nov 3, 2025 (announced Nov 4, 2025) to acquire Lanteris Space Holdings LLC (Lanteris Space Systems) from Advent International for aggregate consideration of $800 million ($450M cash + $350M Intuitive Machines Class A common stock, subject to adjustment). The deal closed January 13, 2026, transitioning Intuitive Machines from a lunar-lander company to a multi-domain "space prime"; combined revenue >$850M with $920M backlog as of Sept 30, 2025. Confirmed via Intuitive Machines/GlobeNewswire completion press release, Reuters (Nov 4, 2025 announcement), and SEC Form 8-K/10-K filings.