8-KCurrent report
Results of operations
✓ VerifiedIntuitive Machines agreed to acquire the Goonhilly Earth Station ground-network group and posted record quarterly revenue with record backlog of $1.1 billion and positive adjusted EBITDA.
Filed May 14, 2026 · 07:49 ET
Summary
- A share purchase agreement signed May 14, 2026 covers Goonhilly Earth Station, a UK ground station and satellite communications company, as part of acquiring the group's UK and US operations.
- Stock consideration includes 960,649 Class A consideration shares priced on a volume weighted average.
- The same day, the company reported record quarterly revenue, record gross margin, positive adjusted EBITDA, and record quarter-end backlog of $1.1 billion.
Key facts
- Backlog
- $1.1 billion
From the filing for Backlog
“Record Quarter-end Backlog of $1.1 Billion”
- Consideration shares
- 960,649
From the filing for Consideration shares
“960,649 shares of Class A Common Stock (the "Consideration Shares")”
Why it mattersGround-network ownership moves Intuitive Machines toward full-stack lunar communications while the core business turned EBITDA positive.
- Filed
- May 14, 2026
- Accepted
- 2026-05-14 11:49Z
- Period
- May 14, 2026
- Accession no.
- 0001628280-26-034807
- Size
- 418 KB
- Index
- Filing index