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Intuitive Machines to Acquire Goonhilly Earth Station and COMSAT
The deal adds 44 antennas and deep-space ground stations to support more lunar missions and European Space Agency opportunities, Intuitive Machines said.
- On May 14, Intuitive Machines announced an agreement to acquire Goonhilly Earth Station Ltd. and its American subsidiary, COMSAT, for $49.6 million, split equally between cash and stock.
- Chief Executive Steve Altemus said the acquisition allows the company to "set them up as the leader of our global ground segment," strengthening deep-space communications for future lunar missions.
- The deal adds Goonhilly's 44 antennas in Cornwall, England, and COMSAT's teleports in Connecticut and California to Intuitive's network, providing about $14 million in estimated annual revenue.
- Expected to close in the third quarter pending regulatory approvals, the acquisition enables Intuitive to pursue European Space Agency contracts while maintaining Goonhilly's Cornish operations and customer commitments.
- This expansion supports NASA's lunar lander initiatives and Intuitive's plans to repurpose Gateway hardware for the SR-1 Freedom mission, scaling infrastructure for deep-space exploration and future Moon bases.
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The Caledonian Record
The Caledonian RecordIntuitive Machines to Acquire Goonhilly Earth Station and COMSAT
Expected t o expand Intuitive Machine’s integrated space-to-Earth network, increasing capacity for deep space communications, data relay, and Position Navigation and Timing (PNT) capabilities
·Nebraska, United States
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Intuitive Machines to Acquire Goonhilly to Expand its Integrated Space-to-Ground Network
Intuitive Machines, Inc. has entered into a definitive agreement to acquire Goonhilly Earth Station Ltd, a world-class deep space communications provider with major ground station assets in the United Kingdom and Goonhilly USA Inc. (dba COMSAT).
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