Weil is advising Advent International, L.P. and its portfolio company Lanteris Space Systems in the sale of Lanteris to Intuitive Machines, Inc., a leading space technology and infrastructure services company. The transaction is priced at $800 million, consisting of $450 million in cash and $350 million in Intuitive Machines Class A common stock, subject to adjustments. The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals and closing conditions.

Lanteris, formerly Maxar Space Systems, is a proven spacecraft manufacturer with an exceptional record of delivering a highly reliable family of spacecraft for national security, civil, and commercial customers.

The Weil team is led by Private Equity partners Jonathan Wood and Jakub Wronski and includes Private Equity associates Joe Schlemeier, Lydia Cuddeback and Alec Tyminski; U.S. Antitrust Co-Head Brianne Kucerik, partner Neil Rigby, counsel Carla Hine and Annagiulia Zanazzo, and associates Drew Cypher and Michael Geisler; Mergers & Acquisitions partner Claudia Lai and associate Liam Corriston; Banking & Finance partner Paul Overmyer and associates Henry Han, Samantha Patel and Nicole Reynolds; Tax partner Jonathan Macke and associate Josh Schonfeld; Executive Compensation & Benefits partner Jennifer Britz and associate Rustin Armknecht; U.S. Privacy & Cybersecurity Head Olivia Greer; Technology & IP Transactions partners Karen Ballack and Barry Fishley, counsel Catherine Kim and associates Claudia Sousa, Hilary Wilders, Ashley Tanaka, Adeline Park, Alexis Bello and Aron Lichtschein; Capital Markets Co-Head Alex Lynch and partner Ashley Butler; Employment partner Rebecca Sivitz and associate Michael Verdichizzi; Environmental partner Matthew Morton and associate Graham McHenry; and Structured Finance partner Ariel Kronman.