Brief: Intuitive Machines To Acquire Lanteris, Forming Next-Gen Commercial & National Security Space Prime
04/11/2025 11:13
Nov 4 (Reuters) - Intuitive Machines Inc LUNR.O: INTUITIVE MACHINES TO ACQUIRE LANTERIS SPACE SYSTEMS, CREATING THE NEXT-GENERATION COMMERCIAL, CIVIL, AND NATIONAL SECURITY SPACE PRIME INTUITIVE MACHINES INC - DEAL PRICED AT $800 MILLION WITH $450 MILLION IN CASH INTUITIVE MACHINES INC - COMBINED ENTITY REVENUE EXCEEDS $850 MILLION WITH $920 MILLION BACKLOG AS OF SEPT 30 INTUITIVE MACHINES INC: BASED ON CURRENT BACKLOG, WE SEE Q4 REVENUE IN LINE WITH Q3 INTUITIVE MACHINES INC - WE SEE Q4 REVENUE IN LINE WITH Q3 INTUITIVE MACHINES INC: EXPECTS TO PROVIDE A NEW OUTLOOK FOR 2026 COMBINED COMPANY IN EARLY 2026 INTUITIVE MACHINES INC: TIMING ASSOCIATED WITH OUR YEAR-END REVENUE IS IMPACTED BY UNCERTAINTY RELATED TO GOVERNMENT SHUTDOWN Source text: ID:nGNX9fSBmF Further company coverage: LUNR.O ((Reuters.Briefs@thomsonreuters.com;))