Intuitive Machines (LUNR) announced the acquisition of KinetX, Inc. for $30 million, resulting in a 6.1% rise in its stock price to $11.26 on October 2, 2025. The Houston-based space technology company paid $15 million in cash and issued 1.4 million shares to complete the transaction. This acquisition enhances Intuitive Machines' capabilities in deep space navigation and data relay. CEO Steve Altemus emphasized the strategic importance of integrating KinetX’s navigation expertise with the company's lunar infrastructure to support missions extending from the Moon to Mars.
Intuitive Machines Acquires KinetX for $30M, Shares Climb 6.1%
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