JavaScript Required

Jumpseat Aerospace News requires JavaScript to function. Please enable JavaScript in your browser settings to continue.

Intuitive Machines Wins $600M GEO Satellite Contract

August 14, 2026

2 min read

Key Takeaways

Intuitive Machines wins $600M contract for three GEO satellites.
Contract awarded by an undisclosed customer.
Satellites will be built using the IM 1300 bus.
Company has over 80 spacecraft under contract.

Silver membership required Upgrade to Silver to access Key Takeaways.

Upgrade

Strategic Implications

This contract may indicate growing demand for GEO satellites, which could benefit Intuitive Machines' commercial space business. The company's expansion into GEO satellites suggests a diversification of its product offerings, which could strengthen its competitive position in the market.

Silver membership required Upgrade to Silver to access Strategic Implications.

Upgrade

What Happened

Houston Company Expands Into Geostationary Orbit With New Order

Intuitive Machines has announced a $600 million contract to build three geostationary orbit communications satellites for an undisclosed customer. The company, known for its lunar landers, acquired Lanteris Space Systems last year and produces GEO satellites using its IM 1300 bus. The contract is a significant win for Intuitive Machines, which has over 80 spacecraft under contract, including lunar landers and communications orbiters. The company’s CEO, Steve Altemus, declined to provide details about the order, but noted that the company is seeing strong demand for its IM 1300 series platform. This development was first reported by SpaceNews.

Source | Originally Published: August 13, 2024

Companies Mentioned