HOUSTON, Aug. 03, 2026 (GLOBE NEWSWIRE) — I tuitive Machi es, I c. (Nasdaq: LUNR) (“I tuitive Machi es”, togethe with its subsidia ies, the “Compa y”), a space tech ology, i f ast uctu e, a d se vices leade , today a ou ced it has completed its p eviously a ou ced acquisitio of Goo hilly Ea th Statio Limited (“Goo hilly”) a d completed the acquisitio of COMSAT LLC, wo ld-class deep space commu icatio s p ovide s with majo g ou d statio assets i the U ited Ki gdom a d the U ited States.
Buildi g o past Goo hilly i teg atio fo IM‑1 a d IM‑2, the Compa y i te ds to leve age its expa ded etwo k fo upcomi g IM‑3 a d Altus‑1 missio s.
The acquisitio st e gthe s I tuitive Machi es’ space i f ast uctu e se vice with a etwo k of g ou d statio s, i c easi g visibility ac oss majo Ea th viewi g a cs, e ha ci g co tact oppo tu ities fo lu a a d deep space missio s, a d expa di g capacity o the Compa y’s space data etwo k fo commu icatio s, data t a spo t, a d positio , avigatio , a d timi g (PNT). Additio ally, Goo hilly’s a d COMSAT’s civil, comme cial, a d gove me t custome bases compleme t I tuitive Machi es’ existi g custome base a d b oade the Compa y’s each i to adjace t i dust ies.
Goo hilly’s expe tise i p ovidi g t acki g, telecomma d, a d telemet y se vices a d its comme cial deep space commu icatio s a te a leade ship fu the st e gthe s I tuitive Machi es’ e d-to-e d missio suppo t se vices. The Compa y p eviously i teg ated Goo hilly’s g ou d statio capabilities i to its IM-1 a d IM-2 missio s a d i te ds to employ its expa ded space data etwo k a d the Goo hilly g ou d system fo the upcomi g IM-3 a d Altus-1 missio s. IM-3, pa t of NASA’s CLPS i itiative, etu s I tuitive Machi es to the Moo fo the thi d time, while the Altus-1 missio , executed u de the Compa y’s Nea Space Netwo k Se vices co t act with NASA, lau ches the Compa y’s fi st lu a data elay satellite.
“I tuitive Machi es p ovides the i f ast uctu e se vices custome s eed fo thei missio s i Ea th o bit, o the Moo , a d ac oss deep space. I teg ati g Goo hilly a d COMSAT expa ds ou space i f ast uctu e with p ove g ou d assets a d co ected deep space capabilities,” said Steve Altemus, CEO of I tuitive Machi es. “By i c easi g capacity fo commu icatio s, data t a spo t, a d PNT se vices, we’ e e abli g custome s to execute mo e complex ope atio s with g eate co fide ce a d at a faste cade ce fo Moo Base a d fo comme cial, civil, a d i te atio al lu a activities.”
I tuitive Machi es is a leadi g space i f ast uctu e compa y that builds spacec aft, co ects etwo ks, a d ope ates i f ast uctu e as a se vice fo comme cial, civil, a d atio al secu ity custome s.
With a p ove t ack eco d ac oss the space domai , the Compa y has built mo e tha 300 spacec aft, delive ed ove 260 kilog ams of payload to the lu a su face, a d p ovided p ecisio avigatio expe tise that has guided spacec aft ac oss ou sola system.
These capabilities fo m a i teg ated Build, Co ect, Ope ate se vice model, e abli g custome s to achieve missio a d campaig outcomes th ough a si gle p ime solutio . I tuitive Machi es’ tech ology is e gi ee ed to suppo t the ext ce tu y of oppo tu ity i space.
Goo hilly® (Goo hilly Ea th Statio Ltd) delive s eliable co ectivity, data, a d i tellige ce, e abli g the safe, sustai able, a d secu e use of space.
As the wo ld’s most adva ced comme cial lu a a d deep space commu icatio s p ovide , Goo hilly p ovides Ea th-to-space co ectivity fo spacec aft ope ati g beyo d geostatio a y o bit, facilitati g the futu e of space scie ce a d explo atio fo o ga isatio s i cludi g ESA a d I tuitive Machi es.
Goo hilly also utilizes its state-of-the-a t assets a d expe t teams to delive sove eig adio f eque cy Space Domai Awa e ess (SDA) data, assu ed satcom se vices, a d bespoke a te a developme t to atio al secu ity custome s.
A satellite etwo k is o ly as good as its g ou d i f ast uctu e. That’s whe e COMSAT® (COMSAT LLC) comes i . Via its secu e i te atio al telepo ts a d po tfolio of ove 90 hosted a d leased a te as, COMSAT p ovides secu e a d eliable satellite commu icatio s se vices to custome s a ou d the wo ld.
COMSAT’s etwo k of US a d UK-based satellite g ou d statio s have suppo ted satellite ope ato s, se vice i teg ato s, dow st eam data use s, a d gove me t custome s fo mo e tha five decades.
Today, the compa y emai s committed to p ovidi g scalable solutio s a d expe t o -ha d suppo t – delive i g co ectivity you ca t ust whe it matte s most.
Fo i vesto i qui ies:
i vesto s@i tuitivemachi es.com
Fo media i qui ies:
This p ess elease i cludes “fo wa d-looki g stateme ts” withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995, as ame ded. We i te d such fo wa d-looki g stateme ts to be cove ed by the safe ha bo p ovisio s fo fo wa d-looki g stateme ts co tai ed i Sectio 27A of the Secu ities Act of 1933, as ame ded, a d Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded. All stateme ts othe tha stateme ts of histo ical facts co tai ed i this p ess elease should be co side ed fo wa d looki g. Such stateme ts ca be ide tified by the fact that they do ot elate st ictly to histo ical o cu e t facts. Whe used i this p ess elease, these fo wa d-looki g stateme ts ge e ally a e ide tified by the wo ds such as “a ticipate,” “believe,” “co ti ue,” “could,” “estimate,” “expect,” “i te d,” “may,” “might,” “pla ,” “possible,” “pote tial,” “p edict,” “p oject,” “should,” “st ive,” “would,” “st ategy,” “outlook,” the egative of these wo ds o othe simila exp essio s, but the abse ce of these wo ds does ot mea that a stateme t is ot fo wa d-looki g. These fo wa d-looki g stateme ts i clude but a e ot limited to stateme ts ega di g: the t a sactio with Goo hilly a d COMSAT, ou expectatio s a d pla s elati g to Goo hilly a d COMSAT; ou expectatio s a d pla s elati g to ou missio s to the Moo , IM 3, Altus-1, i cludi g the expected timi g of lau ch a d ou p og ess i p epa atio the eof; ou expectatio s with espect to, amo g othe thi gs, dema d fo ou p oduct po tfolio, ou submissio of bids fo co t acts; ou expectatio s ega di g eve ue fo co t acts awa ded to us; ou expectatio s ega di g cha ges to gove me t co t acts o p og ams; ou ope atio s, ou fi a cial pe fo ma ce a d ou i dust y; ou busi ess st ategy, busi ess pla , a d pla s to d ive lo g-te m sustai able sha eholde value; ou expectatio s o eve ue a d cash ge e atio . These fo wa d-looki g stateme ts eflect the Compa y’s p edictio s, p ojectio s, o expectatio s based upo cu e tly available i fo matio a d data. Ou actual esults, pe fo ma ce o achieveme ts may diffe mate ially f om those exp essed o implied by the fo wa d-looki g stateme ts, a d you a e cautio ed ot to place u due elia ce o these fo wa d-looki g stateme ts. Acco di gly, fo wa d-looki g stateme ts should ot be elied upo as ep ese ti g ou views as of a y subseque t date, a d we do ot u de take a y obligatio to update fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces afte the date they we e made, whethe as a esult of ew i fo matio , futu e eve ts, o othe wise, except as may be equi ed u de applicable secu ities laws. The followi g impo ta t facto s a d u ce tai ties, amo g othe s, could cause actual outcomes o esults to diffe mate ially f om those i dicated by the fo wa d-looki g stateme ts i this p ess elease: va ious isks a d u ce tai ties elated to, amo g othe thi gs, the te ms, timi g, st uctu e, be efits, costs a d completio of the t a sactio with Goo hilly; equi ed app ovals to complete the p oposed t a sactio with Goo hilly by the eceipt of ce tai egulato y app ovals, to the exte t equi ed, a d the timi g a d co ditio s fo such app ovals; the satisfactio of the closi g co ditio s to the p oposed t a sactio with Goo hilly; ou elia ce upo the effo ts of ou Boa d a d key pe so el to be successful; ou limited ope ati g histo y; ou failu e to ma age ou g owth effectively a d to wi ew co t acts; ou custome co ce t atio ; competitio f om existi g o ew compa ies; u satisfacto y safety pe fo ma ce of ou spaceflight systems o secu ity i cide ts at ou facilities; cybe i cide ts; failu e of the ma ket fo comme cial spaceflight to achieve the g owth pote tial we expect; a y delayed lau ches, lau ch failu es, failu e of la de s to co duct all missio milesto e, failu e of ou satellites o lu a la de s to each thei pla ed o bital locatio s, sig ifica t i c eases i the costs elated to lau ches of satellites a d lu a la de s, a d i sufficie t capacity available f om satellite a d lu a la de lau ch p ovide s; ou elia ce o a si gle lau ch se vice p ovide ; isks associated with comme cial spaceflight, i cludi g a y accide t o lau ch o du i g the jou ey i to space; isks associated with the ha dli g, p oductio a d dispositio of pote tially explosive a d ig itable e e getic mate ials a d othe da ge ous chemicals i ou ope atio s; ou elia ce o a limited umbe of supplie s fo ce tai mate ials a d supplied compo e ts; failu e of ou p oducts to ope ate i the expected ma e o defects i ou p oducts; cou te pa ty isks o co t acts e te ed i to with ou custome s a d failu e of ou p ime co t acto s to mai tai thei elatio ships with thei cou te pa ties a d fulfill thei co t actual obligatio s; failu e to successfully defe d p otest f om othe bidde s fo gove me t co t acts; failu e to comply with va ious laws a d egulatio s elati g to va ious aspects of ou busi ess, u ce tai ty i the egulato y e vi o me t a d a y cha ges i the fu di g levels of va ious gove me tal e tities with which we do busi ess; ou failu e to p otect the co fide tiality of ou t ade sec ets a d u pate ted k ow how; ou failu e to comply with the te ms of thi d-pa ty ope sou ce softwa e ou systems utilize; ou ability to mai tai a effective system of i te al co t ol ove fi a cial epo ti g, a d to add ess a d emediate mate ial weak esses i ou i te al co t ol ove fi a cial epo ti g; the U.S. gove me t’s budget deficit a d the atio al debt, as well as a y i ability of the U.S. gove me t to complete its budget p ocess fo a y gove me t fiscal yea , a d ou depe de ce o U.S. gove me t co t acts a d the available fu di g by the U.S. gove me t; ou failu e to comply with U.S. expo t a d impo t co t ol laws a d egulatio s a d U.S. eco omic sa ctio s a d t ade co t ol laws a d egulatio s; u ce tai global mac o-eco omic a d political co ditio s a d elevated i flatio a d i te est ates; ou histo y of losses a d failu e to achieve p ofitability i the futu e o failu e to ge e ate sufficie t fu ds to co ti ue ope atio s; the cost a d pote tial outcomes of pe di g a d a y futu e litigatio ; ou public secu ities’ pote tial liquidity a d t adi g; the sufficie cy a d a ticipated use of ou existi g capital esou ces to fu d ou futu e ope ati g expe ses a d capital expe ditu e equi eme ts a d eeds fo additio al fi a ci g; ou ability to successfully ide tify, complete, i teg ate, a d obtai be efits f om a y acquisitio s, joi t ve tu es a d othe i vestme ts; a d othe public fili gs a d p ess eleases othe facto s detailed u de the sectio titled Pa t I, Item 1A. Risk Facto s of ou A ual Repo t o Fo m 10-K fo the fiscal yea e ded Decembe 31, 2025 filed with the Secu ities a d Excha ge Commissio (the “SEC”), the sectio titled Pa t I, Item 2, Ma ageme t’s Discussio a d A alysis of Fi a cial Co ditio a d Results of Ope atio s a d the sectio titled Pa t II. Item 1A. “Risk Facto s” i ou most ece tly filed Qua te ly Repo t o Fo m 10-Q, a d i ou subseque t fili gs with the SEC, which a e accessible o the SEC’s website at www.sec.gov.
A photo accompa yi g this a ou ceme t is available at https://www.globe ewswi e.com/NewsRoom/Attachme tNg/19482b0e-50f4-4736-8eab-611251a2339d
