Global Stock News

Intuitive Machines Advancing Satellite Communications and In-Space Data Processing Capabilities with $175 Million Strategic Investment

Intuitive Machines Advancing Satellite Communications and In-Space Data Processing Capabilities with $175 Million Strategic Investment

Intuitive Machines, LLC
Intuitive Machines, LLC

HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space infrastructure and services company, today announced a $175 million strategic equity investment led by global institutional investors.

Following its acquisition of Lanteris Space Systems (“Lanteris”) in January, the Company intends to use this capital to support revenue expansion and investment in technologies to advance communications and data processing networks, including extending flight-proven satellite platforms into those growth markets.

Intuitive Machines intends to invest in expanding its Near Space Network Services (“NSNS”)…

Source link

Share this article

Scroll to Top