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.
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.


