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Intuitive Machines Expands Horizons with $800M Satellite Manufacturer Acquisition
Intuitive Machines is expanding its capabilities by acquiring Lanteris Space Systems for $800 million, aiming to become a comprehensive provider of spacecraft solutions beyond moon missions.
- On Tuesday, Intuitive Machines announced its $800 million acquisition of Lanteris Space Systems, previously known as Maxar Space Systems, to enhance its spacecraft manufacturing capabilities.
- This acquisition follows Intuitive Machines earlier purchase of KinetX for $30 million, aiming to strengthen its expertise in deep space navigation technology.
- With these strategic moves, Intuitive Machines seeks to evolve from moon landers to a full-service provider for building, delivering, and operating various spacecraft.
Why It Matters
The acquisition reflects a significant trend in the aerospace sector, where companies are consolidating resources to provide integrated space solutions, potentially accelerating advancements in satellite and deep space technologies.