"Intuitive Machines to Acquire Lanteris Space Systems for $800 Million in Strategic Expansion"

"Intuitive Machines Inc. has entered into a definitive agreement to acquire Lanteris Space Systems, a spacecraft maker, for $800 million, comprising $450 million in cash and $350 million in Intuitive Machines Class A common stock. The transaction is expected to close in Q1 2026, pending regulatory approvals. Intuitive Machines, a space technology company, focuses on lunar access and commercialization, having successfully landed lunar missions in 2024 and 2025. Simpson Thacher is advising on the deal with a multidisciplinary team."

Simpson Thacher & Bartlett LLP represented Intuitive Machines Inc. in its definitive agreement to acquire Lanteris Space Systems, a spacecraft maker formerly known as Maxar Space Systems, from Vantor Holdings Inc. for $800 million. The transaction includes $450 million in cash and $350 million in Intuitive Machines Class A common stock, subject to certain adjustments, and is expected to close in the first quarter of 2026, pending customary regulatory approvals and closing conditions. The Simpson Thacher team included Anthony Vernace, Mark Viera, Jeffrey MacDonald, Jacob Kornman, and Kaitlyn Greening (M&A); Will Golden and Arielle Katzman (Capital Markets); Catherine Burns (Credit); Alec Jarvis and Ruoxi Zhang (Tax); Gillian Moldowan, Laura Gallo, and Katherine Howard (Executive Compensation and Employee Benefits - ECEB); Lori Lesser, James Talbot, Alexander Franchilli, Dewey Kang, and Alexander Kokka (Intellectual Property - IP); Karen Kazmerzak and Nicholas Ingros (Antitrust); and Dennis Loiacono (Real Estate).

"Intuitive Machines to Acquire Lanteris Space Systems for $800 Million in Strategic Expansion"

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