# Intuitive Machines infrastructure and contract expansion

> Live situation record from CLSTR: https://clstr.news/situations/intuitive-machines-infrastructure-and-contract-expansion
> Updated: 2026-08-17T17:20:36.000Z. Sources: 3. Developments: 2.

Intuitive Machines Inc. has undergone significant expansion through both infrastructure acquisitions and new service contracts. The company completed the acquisition of Goonhilly Earth Station Limited and COMSAT LLC, integrating deep-space communication assets in the United Kingdom and the United States to support lunar and deep-space missions.

Following a $500 million stock offering intended to fund research and future acquisitions, the company secured a $600 million contract to develop a multi-satellite communications infrastructure using its IM 1300 satellite platform. This new contract follows a previous NASA engagement valued at up to $4.8 billion for operating a Near Space Network for lunar communications.

## Timeline

### 2026-08-17: Intuitive Machines stock rises on $600 million space communications contract

Intuitive Machines stock jumped over 7% after securing a $600 million contract to build a multi-satellite communications infrastructure in space for an undisclosed customer.

3 sources. https://clstr.news/cluster/intuitive-machines-stock-rises-on-600-million-space-communications-contract

### 2026-08-03: Intuitive Machines acquires Goonhilly, COMSAT and launches $500M stock offering

Intuitive Machines completed the purchase of UK‑based Goonhilly and US‑based COMSAT, boosting its deep‑space network, and announced a $500 million equity offering that sent its shares down over 15%, with funds‑

3 sources. https://clstr.news/cluster/intuitive-machines-acquires-goonhilly-comsat-and-launches-500m-stock-offering

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Cite as: Intuitive Machines infrastructure and contract expansion. CLSTR, https://clstr.news/situations/intuitive-machines-infrastructure-and-contract-expansion