Intuitive Machines will buy Advent's Lanteris satellite-building business for $800 million. The acquisition should close in Q1 2026. Buying Lanteris will nearly quadruple Intuitive's annual revenue ...
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Why did Intuitive Machines stock just drop?
Intuitive Machines missed on both sales and earnings this morning, but its stock isn't taking much of a hit yet. Sales nearly tripled year over year, and are set to beat expectations for the full year ...
That sounds bad, but there was good news as well. With help from its recent acquisition of satellite manufacturer Lanteris, Intuitive Machines nearly tripled its revenue year over year. And despite ...
Since its inception in 2013, Intuitive Machines has spent much of its time and energy on space infrastructure manufacturing to help facilitate government and commercial customer access to the Moon.
The space economy is having a moment — and Intuitive Machines is riding it hard. Shares of Intuitive Machines surged to a new 52-week high on May 26, climbing more than 14% in morning trading as a ...
Intuitive Machines, Inc. is undergoing a transformative shift following its $800M Lanteris acquisition, driving revenue and margin expansion. The backlog now approaches $1 billion, fueled by the ...
Intuitive Machines announced last week an $800 million acquisition that will catapult the one-time startup into the space industry establishment. The company’s planned purchase of Lanteris Space ...
You remember this deal. Intuitive Machines has a $4.8 billion contract to build a satellite communications network between the Earth and moon for NASA. To help build the satellites it needs to run the ...
Mr. Altemus continued, “Intuitive Machines intends to invest in expanding its Near Space Network Services and establish a solar system internet independent of Earth. Through investments in the ...
Barely one month ago I described the latest developments at Maxar Technologies, the space technology company taken private by private equity firm Advent back in 2022 -- how Advent had split Maxar into ...
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