Intuitive Machines raises $175M via equity placement at $15.12/share for growth initiatives

Intuitive Machines, Inc.

Sold ~11.6M shares to institutional investors at $15.12/share for $175M; closing Feb 27, 2026.
Proceeds to expand Near Space Network Services and integrate Lanteris 1300 satellite platforms.
Targets higher-margin recurring revenue programs: Golden Dome, TDRSS, Mars Telecom Orbiter.
Actively seeking strategic partners for space-based orbital data center market.
Expects near-term awards from NASA LTVS, CLPS, and PWSA satellite contracts.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Intuitive Machines, Inc. entered into Securities Purchase Agreement with certain institutional investors or their affiliates valued at $175 million (effective 2026-02-25).

Action: entry
Agreement: equity purchase
Counterparty: certain institutional investors or their affiliates
Value: $175 million
Effective: 2026-02-25

Exact text from the filing

On February 25, 2026, Intuitive Machines, Inc. (the “ Company ”), a Delaware corporation, entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors or their affiliates (collectively, the “ Investors ”) led by global institutional investors, relating to the issuance and sale to the Investors of shares of the Company’s Class A common stock, par value $0.0001 per share (the “ Common Stock ”) at a price of $15.12 per share (the “ Purchase Price ”) for an aggregate purchase price of $175 million (the “ Issuance ”).

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291 material agreements filed in the last 30 days. Browse all material agreements →

Intuitive Machines, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-068729

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