Expecting Lunr Intuitive to drift downward to the
Post# of 5
The transaction amount comprises $450 million in cash and $350 million in Intuitive Machines Class A common shares, subject to adjustment.
The deal is expected to close in the first quarter of 2026, pending standard regulatory approvals and closing conditions.
Combined Entity
Altemus added that the combined entity generates over $850 million in revenue, with positive adjusted EBITDA and a $920 million backlog as of September 30, 2025.
Lanteris is a cash-generating business, and the combined entity is projected to maintain sufficient cash for ongoing operations.
Intuitive Machines Q3 Snapshot
The company reported $52.4 million in recognized revenue, supported by key programs like OMES, CLPS, and NSNS.
The company reported a net loss of $10.0 million, adjusted EBITDA of ($13.2) million, and backlog of $235.9 million in the quarter.
The company says that year-end revenue timing is affected by potential government shutdowns.
Based on the current backlog, the company expects fourth-quarter revenue to match third-quarter figures, and it remains confident in securing near-term awards.
“The new Intuitive Machines will combine rapid innovation and precision spacecraft production to meet the growing demand for responsive, high-reliability space infrastructure and services,” Altemus added.
Definately a LONG TERM BUY!