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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Rich Smith, The Motley FoolSat, November 15, 2025 at 12:06 PM GMT+1 5 min readIntuitive Machines will buy Advent's Lanteris satellite-building business for $800 million.The acquisition should close in Q1 2026.Buying Lanteris will nearly quadruple Intuitive's annual revenue stream.10 stocks we like better than Intuitive Machines ›Well that was fast!Barely one month ago I described the latest developments at Maxar Technologies, the space technology company taken private by private equity firm Advent back in 2022 -- how Advent had split Maxar into two halves, renamed each of them, and appeared to be preparing them both for initial public offerings (IPOs).Turns out I was at least half wrong about the IPO plans, but in a good way.Last week we learned that, instead of spinning off the subsidiary it had renamed Lanteris, Advent has decided to sell that company outright. And the company that's buying Lanteris is none other than the space pioneer that has now successfully landed two American spacecraft on the moon (including the first American spacecraft to land there since the Apollo program ended.Its name: Intuitive Machines (NASDAQ: LUNR).Image source: NASA.The Advent subsidiary that Intuitive Machines has its eye on is called Lanteris. It used to be called Maxar Space Systems (and before that, it was the Canadian space company MDA, and before that it was known as Space Systems Loral).Whatever you want to call it, Lanteris is a specialist in building satellites and spacecraft for servicing satellites in-orbit. For a company like Intuitive Machines, which is helping NASA build a satellite communications network between the Earth and the moon, this could make Lanteris an invaluable addition -- improving Intuitive's chances of being able to collect on a contract that could be worth $4.8 billion over 10 years.But how much will it cost Intuitive Machines to take control of Lanteris?As the company explains in its press release announcing the acquisition, Intuitive will pay $800 million in total for Lanteris, of which $450 million will be paid in cash, and the remaining $350 million in Intuitive Machines stock.At a share price of almost exactly $10 as I write this, that will work out to 35 million shares of LUNR stock -- about 30% stock dilution for shareholders. That's a significant cost. For every $1 Intuitive Machines earns in future years, it means current shareholders will get $0.30 less. For this deal to make sense, shareholders will want to be certain Lanteris is bringing significant benefits along with it.Luckily, it seems to do just that.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,734.11 -3.38 (-0.05%)Dow 3047,147.48 -309.72 (-0.65%)Nasdaq22,900.59 +30.19 (+0.13%)Russell 20002,388.23 +5.25 (+0.22%)VIX19.83 -0.17 (-0.85%)Gold4,094.20 -100.30 (-2.39%)PortfolioSign in to access your portfolioSign inTop gainersCDTX Cidara Therapeutics, Inc. 217.71 +111.72 (+105.41%)SRRK Scholar Rock Holding Corporation 37.41 +7.34 (+24.41%)AVDL Avadel Pharmaceuticals plc 23.56 +4.32 (+22.45%)LGN Legence Corp. 40.27 +6.95 (+20.86%)CSIQ Canadian Solar Inc. 33.58 +4.96 (+17.33%)Top losersDGNX Diginex Limited 10.53 -2.97 (-22.00%)STUB StubHub Holdings, Inc. 14.87 -3.95 (-20.99%)HTFL Heartflow, Inc. 27.98 -2.96 (-9.57%)EOSE Eos Energy Enterprises, Inc. 13.80 -1.40 (-9.24%)CLSK CleanSpark, Inc. 10.96 -1.02 (-8.51%)Most activeNVDA NVIDIA Corporation 190.17 +3.31 (+1.77%)ONDS Ondas Holdings Inc. 7.18 +0.62 (+9.45%)OPEN Opendoor Technologies Inc. 8.12 -0.44 (-5.14%)TSLA Tesla, Inc. 404.35 +2.36 (+0.59%)PFE Pfizer Inc. 25.06 -0.73 (-2.83%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 95,565.34 -51.23 (-0.05%)ETH-USD Ethereum USD 3,166.40 +17.67 (+0.56%)XRP-USD XRP USD 2.23 -0.02 (-0.93%)SOL-USD Solana USD 139.81 -0.23 (-0.17%)BTC-EUR Bitcoin EUR 82,220.88 -44.08 (-0.05%)Top economic events