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• News Release
Intuitive Machines to acquire Lanteris for $800M, gaining $920M backlog and >$850M combined revenue
Intuitive Machines will acquire Lanteris Space Systems from Advent International for $800 million — $450M cash and $350M in Class A stock — creating a combined entity with revenue above $850M, positive adjusted EBITDA and a $920M backlog that strengthens lunar, Near Space Network and Earth-based data services.