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Intuitive Machines owns Lanteris Space Systems, which was formerly Maxar.
In 2024 NASA selected Intuitive Machines to develop the first set of lunar relay spacecraft for a demonstration planned in conjunction with the Artemis III lunar surface mission.
Intuitive Machines expects the investment to enhance its ability to win and execute higher‑margin, recurring‑revenue programs such as Golden Dome initiatives, the Tracking and Data Relay Satellite System, the Mars Telecommunications Orbiter, and the evolving space‑based orbital data center market.
Intuitive Machines intends to use the $175 million capital to support revenue expansion and invest in communications and data processing network technologies, including extending flight‑proven satellite platforms into growth markets.
Intuitive Machines is actively engaging strategic partners across the terrestrial technology sector to align space‑based data centers with emerging enterprise demand.
Intuitive Machines acquired Lanteris Space Systems in January.
The securities transaction between Intuitive Machines and the institutional investors is expected to close on February 27, 2026, subject to customary closing conditions.
A group of global institutional investors made a $175 million strategic equity investment in Intuitive Machines to support expansion of its Near Space Network Services to establish a solar system internet independent of Earth.
Intuitive Machines will issue and sell Class A common stock to the institutional investors under a definitive securities purchase agreement in exchange for the $175 million equity investment.
Intuitive Machines is pursuing upcoming awards including NASA’s Lunar Terrain Vehicle Services, the next Commercial Lunar Payload Services award, and follow‑on Proliferated Warfighter Space Architecture satellite contracts.
Intuitive Machines plans to invest in Lanteris’ 1300 series satellite platforms to grow market share in geostationary orbit, expand capability around the Moon, extend capability to Mars, and support emerging high‑power on‑orbit data processing and edge computing.
Intuitive Machines is building a scalable infrastructure platform spanning low‑Earth orbit to the Moon and into deep space.
Intuitive Machines owns Lanteris Space Systems.
Intuitive Machines acquired Lanteris in part because of Lanteris’ experience building satellite platforms for the Space Development Agency to position Intuitive Machines as a vertically integrated space prime for national security, civil, and commercial missions.
Intuitive Machines is scheduled to report its full-year 2025 financial results and provide a post-acquisition operational update on March 19, 2026.
Intuitive Machines is headquartered in Houston, Texas.
Intuitive Machines conducted the IM-1 mission, achieving the first commercial soft landing on the Moon in early 2024.
Intuitive Machines completed the IM-2 landing in March 2025.
Intuitive Machines completed an $800 million acquisition of Lanteris Space Systems (formerly Maxar Space Systems) in January 2026.
Intuitive Machines is scaling its orbital transfer vehicle and data transmission architecture based on technical lessons from its lunar missions.