In a bold step that could redefine the company’s trajectory, Intuitive Machines Inc. announced Tuesday that it will acquire Lanteris Space Systems from Advent International for $800 million, a transformative move that will propel the Houston-based space innovator from a lunar specialist into a fully integrated space prime.
The high-stakes acquisition, guided by Simpson Thacher & Bartlett LLP for Intuitive and Weil Gotshal & Manges LLP for Advent, marks one of the most significant consolidations in the space technology sector this year.
From Lunar Lander to Space Powerhouse
Intuitive Machines, long celebrated for its NASA lunar missions, said the addition of Lanteris — a spacecraft manufacturer with a stellar record across national security, civil, and commercial sectors — will radically expand its capabilities.
“This strategic acquisition positions Intuitive Machines as a next-generation space prime directly in the flow of multi-billion-dollar space programs,” said CEO Steve Altemus. “It’s the moment we evolve from a lunar company to a multi-domain space prime, setting the pace for how the next generation of the industry will operate.”
The merger transforms Intuitive into a vertically integrated space-infrastructure powerhouse, able to design, manufacture, and operate spacecraft from Earth orbit to the Moon, Mars, and beyond.
