On January 13, 2026, Intuitive Machines finalized its announced purchase of Lanteris Space Systems (formerly Maxar Space Systems) for a total enterprise value of $800 million, funded with $450 million in cash and $350 million in newly issued Class A common shares. The deal, first unveiled on November 4, 2025, brings a spacecraft manufacturer with a track record of delivering over 20 flight-proven satellites for national security, civil and commercial customers into the Intuitive Machines fold. Management expects the integration to yield cost synergies of $30 million annually by 2027 through consolidated supply chains and shared engineering resources. The combined business will offer end-to-end mission capabilities—including spacecraft build, resilient communications networks and in-orbit operations—across LEO, MEO, GEO and cislunar domains, positioning the company to compete more effectively for NASA’s Artemis contracts, Space Development Agency layered architecture awards and future Department of Defense space programs.

Defiance ETFs debuted the Defiance Daily Target 2X Long LUNR ETF (LUNL) on January 13, 2026, providing traders with double-leveraged, short-term exposure to Intuitive Machines’ share movements. The fund seeks to deliver 200% of the day-over-day percentage change in Intuitive Machines’ stock price through swaps and options, rebalanced daily. It is designed for sophisticated investors willing to accept heightened volatility and the potential for a full loss of principal in a single trading session. The launch adds to Defiance’s suite of single-stock leveraged products and underscores Intuitive Machines’ market interest following its recent vertical integration move. Investors should note that the ETF is non-diversified, may trade at a premium or discount to net asset value, and is intended strictly for tactical, intraday use rather than a buy-and-hold strategy.