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Bishop Fleming supports on sale of Goonhilly to Intuitive Machines

Intuitive Machines’ acquisition of Goonhilly expands its global space communications capabilities.

18 May 2026

Intuitive Machines, Inc. (“Intuitive Machines”), the NASDAQ listed space technology and infrastructure leader, has entered into a definitive agreement to acquire Goonhilly Earth Station Ltd (“Goonhilly”) and its US counterpart Goonhilly Inc (“COMSAT”). The deal represents a strategic expansion of Intuitive Machines’ integrated space-to-Earth network, significantly enhancing its deep space communications, data relay and Position, Navigation and Timing (PNT) capabilities.

Headquartered in Cornwall, Goonhilly is a leading provider of lunar and deep space communications, having supported more than 20 missions for organisations including NASA and the European Space Agency. The acquisition will add 44 antennas across the UK and US to Intuitive Machines’ global infrastructure, increasing network availability and capacity to support lunar and cislunar operations.

Upon completion, expected in Q3 2026 subject to regulatory approvals, Goonhilly will operate as a wholly owned subsidiary, retaining its UK presence and continue to work closely with COMSAT while benefiting from enhanced scale and global reach.  The transaction reflects growing demand for integrated, end‑to‑end communications solutions to support the accelerating pace of commercial and government-led space exploration.

Remko Bijtjes, CFO at Goonhilly, said:

“We greatly valued the support provided by Bishop Fleming throughout the transaction. Their commercial pro-active and hands-on approach were instrumental in helping us deliver a successful outcome. The team worked seamlessly alongside management, providing clear guidance and maintaining momentum at every stage of the process.”

Taj Lalli, Partner at Bishop Fleming, added:

“We are delighted to have supported Goonhilly on its agreement to be acquired by Intuitive Machines - a landmark transaction for both businesses and a significant step forward for the space communications sector. This deal brings together two highly complementary organisations and reinforces the strategic value of Goonhilly’s unique assets and position within the space ecosystem.

It has been a privilege to work alongside the outstanding Goonhilly team on this milestone transaction, and we look forward to seeing the business continue to thrive as part of Intuitive Machines. Congratulations to all involved in getting this transaction over the line.”

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Key contacts

Taj Lalli

Corporate Finance Partner

03333 219000

Email Taj

Matthew Pearson

Corporate Finance Director

01179 100250

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Charlie Brooks

Corporate Finance Manager

01905 732144

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