Sunday, November 8, 2026
TGOs

The business of defense

Get the Weekly

Company

Intuitive Machines, Inc.

Intuitive Machines is a space infrastructure company that builds spacecraft, connects networks and operates infrastructure as a service for commercial, civil and national security customers. ↗

HeadquartersHouston, TX ↗
Founded2013 ↗
LeadershipSteve Altemus, CEO ↗
Revenue$210 million (fiscal 2025) ↗
Department of War obligations$18 million in prime contracts since fiscal 2022 ↗
OwnershipPublic (Nasdaq: LUNR) ↗
SharesLUNR ↗
Websitewww.intuitivemachines.com ↗

Products

  • The IM 300 series is a spacecraft line designed for proliferated low-Earth orbit constellations. ↗
  • The IM 500 series is a high-performance, mid-size satellite platform for LEO and GEO missions. ↗
  • The IM 1300 series is a modular GEO communications satellite bus. ↗
  • The Power & Propulsion Element is an electric propulsion spacecraft the company describes as the highest-power ever built. ↗

Customers

  • SiriusXM is a longstanding customer; the two companies have built 13 spacecraft together. ↗
  • NASA is a customer through Commercial Lunar Payload Services (CLPS) and the Near Space Network Services contract. ↗
  • L3Harris selected Intuitive Machines to build 18 spacecraft platforms for the Space Development Agency's Accelerated Missile Defense Tranche 3 mission. ↗
  • NASA's Jet Propulsion Laboratory selected Intuitive Machines to provide the spacecraft platform and mission solutions for the EAGLE-VSWIR Earth observation mission. ↗

Deals since 2020

May 202614

Intuitive Machines buys Goonhilly Earth Station and COMSAT

Seller: Goonhilly Holdings Limited

A ground station and satellite communications company in the UK and its U.S. sister company COMSAT, offering lunar and deep space communications and commercial satcom.

spaceC4ISR and electronicsSource
UndisclosedClosed Aug 3, 2026
Nov 202504

Intuitive Machines buys Lanteris

Seller: Vantor Holdings

Formerly Maxar Space Systems, a spacecraft manufacturer serving national security, commercial and civil customers.

spaceSource
$800 millionClosed Jan 13, 2026
Aug 202506

Intuitive Machines buys KinetX

Seller: shareholders of KinetX

A privately-held, Arizona-based aerospace company delivering deep-space navigation, systems engineering, ground software and constellation mission design to the U.S. government and international customers.

spaceSource
$31 millionClosed Oct 1, 2025
Sep 202216

Intuitive Machines goes public through Inflection Point Acquisition

A space company offering lunar transport, landing and data relay services; the combined company took the name Intuitive Machines, Inc.

spaceSource
$700 millionClosed Feb 13, 2023

The deal tracker

Segments

  • Intuitive Machines sells through a Build, Connect, Operate service model. ↗