What Happened
Acquisitions And Defense Contract Signal Growth In Space Infrastructure
Intuitive Machines has completed the acquisition of Goonhilly Earth Station in the UK and US-based satellite communications provider COMSAT. The company has also been selected by L3Harris to provide spacecraft platforms for satellites in the US Space Development Agency’s missile defense program. These developments expand Intuitive Machines’ role in space communications infrastructure and US national security-related space programs. According to Simply Wall St News, this move places Intuitive Machines closer to the center of data transport between satellites, the Moon, and Earth.