Space technology company to be acquired by Nasdaq-listed company

Goonhilly Earth Station A Cornwall-based commercial provider of lunar and deep space communications services, which is backed by one of the South West's most successful entrepreneurs, is to be acquired by a Nasdaq-listed company, subject to regulatory approval.

Space technology company to be acquired by Nasdaq-listed company. Goonhilly Earth Station A Cornwall-based commercial provider of lunar and deep space communications services, which is backed by one of the South West's most successful entrepreneurs, is to be acquired by a Nasdaq-listed company, subject to regulatory approval. Under the agreement, Goonhilly Earth Station Ltd will operate as a wholly owned subsidiary of Intuitive Machines. It will retain its status as a UK entity while benefitting from expanded resources, technology, and global reach. Goonhilly’s wholly owned subsidiary, Goonhilly USA Inc (COMSAT) is also being acquired by Intuitive Machines. Goonhilly executive chairman Kenn Herskind said: "Having worked closely with Intuitive Machines for many years, we’re delighted to be taking this transformative step in our relationshi...