Intuitive Machines (LUNR) Jumps 12.5% on Lanteris Buyout Completion [Yahoo! Finance]
Intuitive Machines, Inc. - Class A (LUNR)
Company Research
Source: Yahoo! Finance
Intuitive Machines rebounded by 12.46 percent on Wednesday to close at $19.76 apiece following successful acquisition of spacecraft manufacturer, Lanteris Space Systems, for $800 million, strengthening its position as a vertically integrated next-generation space player globally. In a statement, Intuitive Machines Inc. (NASDAQ:LUNR) said that the acquisition involved the payment of $450 million in cash and issuance of $350 million worth of Intuitive Machines Class A common stock. “This acquisition marks a defining moment in the evolution of Intuitive Machines,” said Intuitive Machines Inc. (NASDAQ:LUNR) CEO Steve Altemus. Photo by SpaceX on Unsplash “We previously proved our ability to operate on the Moon. With Lanteris, we add flight-proven manufacturing at scale. Together, these strengths transform Intuitive Machines into a multi-domain, end-to-end solutions provider that can build spacecraft, connect resilient communications and navigation networks, and operate systems acr
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News
- Defiance Launches LUNL: The First Daily 2X Long ETF for Intuitive Machines, Inc. [Yahoo! Finance]Yahoo! Finance
- Intuitive Machines Completes Acquisition of Lanteris Space SystemsGlobeNewswire
- Defiance Launches LUNL: The First Daily 2X Long ETF for Intuitive Machines, Inc.GlobeNewswire
- Intuitive Machines (NASDAQ:LUNR) was given a new $22.50 price target on by analysts at Canaccord Genuity Group Inc..MarketBeat
- Intuitive Machines (NASDAQ:LUNR) was given a new $20.00 price target on by analysts at Stifel Nicolaus.MarketBeat
LUNR
Sec Filings
- 1/16/26 - Form 3
- 1/13/26 - Form 8-K
- 1/12/26 - Form 4
- LUNR's page on the SEC website