Intuitive Machines, Inc. (NasdaqGM:LUNR) entered into a share purchase agreement to acquire Goonhilly Earth Station Ltd for £37 million on May 14, 2026. The aggregate consideration for the UK Acquisition (the ?UK Consideration?) is £37 million split equally between stock and cash. The stock portion consists of: 960,649 shares of Class A Common Stock (the ?Consideration Shares?) using the volume weighted average price of the Common Stock for the twenty consecutive trading day period ending May 8, 2026. In addition, the cash consideration includes a cash escrow deposit of £0.59 million. Intuitive Machines will acquire Goonhilly Earth Station Ltd and Goonhilly USA Inc. The acquisition will include the Goonhilly Lunar and Deep Space Communications, Commercial Satcom, and Defense and Security divisions.
The transaction is subject to customary closing conditions, including the receipt of applicable regulatory approvals, including under the UK National Security and Investment Act 2021 and from the US Federal Communications Commission. The expected completion of the transaction is July 1, 2026 to September 30, 2026.
Oliver Gutman, Andrew Mellor, Adam McGiveron and Emma Bryant of Pennington Manches Cooper LLP acted as a legal advisor to Goonhilly Earth Station.
Intuitive Machines, Inc. is a space technology, infrastructure, and services company. It is a provider and supplier of space products and services that enable sustained robotic and human exploration to the Moon, Mars, and beyond. Its services include delivery services, data transmission services, and infrastructure as a service. Its delivery services provide transportation and delivery of payloads, such as satellites, scientific instruments and cargo to various destinations in space, in addition to rideshare delivery and lunar surface access. Its data transmission services offerings include the collection, processing, and interpretation of space-based data, utilizing applications, such as command, control, communications, reconnaissance and prospecting. Its infrastructure as a service delivers space assets, performing tasks and making decisions without human intervention that are designed to perform essential functions, such as navigation, scientific data collection, and others.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
