Tag: Lanteris Space Systems
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L3Harris Selects Intuitive Machines’ Lanteris Unit for SDA Tranche 3 Satellites
L3Harris Technologies has selected spacecraft platform provider Lanteris Space Systems, a subsidiary of Intuitive Machines, to supply satellite buses for its work on the Space Development Agency (SDA) Tranche 3 Tracking Layer program. Under a contract awarded in late 2025, L3Harris will build 18 satellites for the SDA’s missile-tracking constellation as part of the Proliferated…
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Intuitive Machines Completes $800 Million Acquisition of Lanteris Space Systems
Intuitive Machines said it has completed the acquisition of Lanteris Space Systems, formerly known as Maxar Space Systems, in a move aimed at transforming the company into a vertically integrated space prime serving defense, civil and commercial customers. The transaction, first announced in November, was completed under unchanged terms, with a purchase price of $800…
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Intuitive Machines to Acquire Lanteris Space Systems in $800 Million Deal
Lunar lander manufacturer Intuitive Machines said on Tuesday it will acquire Lanteris Space Systems, formerly known as Maxar Space Systems, from private equity firm Advent International in a deal valued at $800 million. The transaction, comprising $450 million in cash and $350 million in Intuitive Machines stock, is expected to close in the first quarter…