Intuitive Machines buys Lanteris, formerly Maxar
The lunar lander startup Intuitive Machines today continued its diversification into other space fields by acquiring the long-established satellite and spacecraft manufacturer Lanteris, formerly known as Maxar, for about $800 million.
The transaction is priced at $800 million, consisting of $450 million in cash and $350 million in Intuitive Machines Class A common stock, subject to adjustment. The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals and closing conditions. As a stand-alone company, Lanteris is a cash generating business. As a combined company, Intuitive Machines expects to have adequate cash on hand for continued operations.
Intuitive Machines has attempted two lunar landings, both of which were failures when its lander fell over at touchdown. Since then it has made a concerted effort to diversify into other areas, including developing a returnable capsule, Zephyr, a lunar manned rover, Moon Racer, and an orbital tug. It has also acquired KinetX, a company specializing in space navigation and communications.
This new acquisition positions the company to bid on a much wider range of space projects, including military contracts relating to its Golden Dome project that is expected to cost billions.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The lunar lander startup Intuitive Machines today continued its diversification into other space fields by acquiring the long-established satellite and spacecraft manufacturer Lanteris, formerly known as Maxar, for about $800 million.
The transaction is priced at $800 million, consisting of $450 million in cash and $350 million in Intuitive Machines Class A common stock, subject to adjustment. The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals and closing conditions. As a stand-alone company, Lanteris is a cash generating business. As a combined company, Intuitive Machines expects to have adequate cash on hand for continued operations.
Intuitive Machines has attempted two lunar landings, both of which were failures when its lander fell over at touchdown. Since then it has made a concerted effort to diversify into other areas, including developing a returnable capsule, Zephyr, a lunar manned rover, Moon Racer, and an orbital tug. It has also acquired KinetX, a company specializing in space navigation and communications.
This new acquisition positions the company to bid on a much wider range of space projects, including military contracts relating to its Golden Dome project that is expected to cost billions.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News


Gotta say I didn’t see this coming. Lanteris, formerly Maxar, just did its name change recently and now, it would seem, all for naught. A windfall for the stationers I suppose. Still, I think we had better get used to seeing NewSpace companies buying their seniors. I have a feeling a lot more such transactions are likely not far off.