Intuitive Machines (LUNR) Secures L3Harris Contract

Intuitive Machines, Inc. (NASDAQ:LUNR) is one of the 10 Best Space Exploration Stocks to Buy According to Analysts.

Intuitive Machines (LUNR) Secures L3Harris Contract

On March 3, 2026, Intuitive Machines, Inc. (NASDAQ:LUNR) announced that its subsidiary Lanteris Space Systems has been selected by L3Harris Technologies (LHX) to develop 18 advanced spacecraft platforms for the Space Development Agency’s Tranche 3 Tracking Layer. The effort is a crucial part of the Proliferated Warfighter Space Architecture, designed to provide persistent, real-time tracking of advanced missile threats, which includes hypersonic and ballistic systems. The program strengthens the resilience of the global defense by integrating high-performance sensing and on-orbit data processing. Steve Altemus, CEO of Intuitive Machines, Inc. (NASDAQ:LUNR), gave the following statement.

This builds on a foundation of proven performance and mission trust earned through previous tracking layer selections that we look forward to carrying forward with L3Harris and the Space Development Agency.

In another development, on February 27, 2026, Intuitive Machines, Inc. (NASDAQ:LUNR) completed a $175 million equity financing round through the issuance of Class A common stock at $15.12 per share to institutional investors. Part of the deal involved the company entering into a Registration Rights Agreement on the same closing date. Accordingly, a resale registration statement is set to be filed by April 1, 2026.

Founded in 2013, Intuitive Machines, Inc. (NASDAQ:LUNR) is a space infrastructure company that provides lunar delivery, satellite data, and orbital services. Its headquarters is in Texas.

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