STOCK TITAN
  1. Home
  2. News
  3. MNTS

Momentus Inc - MNTS STOCK NEWS

Welcome to our dedicated news page for Momentus (Ticker: MNTS), a resource for investors and traders seeking the latest updates and insights on Momentus.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Momentus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Momentus's position in the market.

News
Momentus Receives Nasdaq Deficiency Notification Regarding Delayed Form 10-K
Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) received a notice of non-compliance from Nasdaq due to the delayed filing of its Form 10-K for the year ended December 31, 2023. The company has 60 days to file the form or submit a compliance plan. Failure to comply may lead to delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.44%
Tags
none
-
News
Momentus Announces Chief Financial Officer Transition
Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) appoints Lon Ensler as the new interim Chief Financial Officer, bringing over 30 years of financial leadership experience. The company aims to leverage his expertise in guiding financial planning and execution to drive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
none
-
News
Momentus Announces Cancellation of Special Meeting of Stockholders
Rhea-AI Summary
Momentus Inc. cancels special meeting of stockholders due to lack of quorum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.79%
Tags
none
News
Momentus Announces Closing of $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Rhea-AI Summary
Momentus Inc. (MNTS) closes registered direct offering, raising $4.0 million through the sale of 4,624,280 shares at $0.865 per share. The company also issues warrants to purchase additional shares at $0.74 per share, with A.G.P./Alliance Global Partners as the placement agent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
Tags
offering
-
News
Momentus Announces $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) announces a registered direct offering of 4,624,280 shares of common stock at $0.865 per share, raising $4.0 million in gross proceeds. Investors will also receive warrants to purchase additional shares at $0.74, expiring in five years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
offering
-
News
Momentus Awarded NASA Contract to Provide Flight and Payload Integration Services
Rhea-AI Summary
Momentus Inc. (MNTS) secures a NASA contract to provide in-space transportation services, including propulsion systems and orbital transfer capabilities. The five-year contract aims to advance technologies and procedures for operating in space, with Momentus being among 15 selected companies. The company's Vigoride vehicle offers flexible transportation solutions with water plasma thrusters and flexible solar arrays. Momentus is set to support NASA's space programs with its innovative technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
none
News
Space Development Agency Awards Momentus Contract Modification to Develop Defense Applications for Vigoride Orbital Service Vehicle
Rhea-AI Summary
Momentus Inc. (MNTS) has been awarded a contract modification valued at $1,196,404 by the Space Development Agency to continue development of the Vigoride Orbital Service Vehicle for Department of Defense (DoD) Mission Requirements. The total value of the Small Business Innovation Research Award is $1,942,477. Momentus will tailor the capabilities of its Vigoride Orbital Service Vehicle to support a wide range of DoD payloads and mission requirements, setting the stage for a rapid transition to an in-space flight demonstration. The expansion of the contract also allows Momentus to offer its M-1000 satellite bus, providing benefits to enable the Defense Department to use it for missions like communications and missile tracking. The M-1000 bus offers significant advantages to commercial and government customers, such as high power, large payload capacity, flexible configuration, speed from requirements to delivery on-orbit, and low cost.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.98%
Tags
none
-
News
Momentus Completes All Requirements of the National Security Agreement (NSA)
Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) has announced the termination of the National Security Agreement (NSA) by the Committee on Foreign Investment in the United States (CFIUS). The approval of the company's exit from the agreement marks a significant milestone after two years of intensive work. Momentus has completed all requirements and is now clear of any lingering security concerns. The company has worked closely with CFIUS Monitoring Agencies to implement the NSA, including divestment of foreign CEO and investors, increased cybersecurity measures, and a complete review of the export control program. Momentus has also achieved significant technological advancements, including successful missions, deployment of customer payloads, in-space testing of its spacecraft engine and solar array, and collaboration with the Space Development Agency for defense applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
41.86%
Tags
none
-
News
Momentus Announces Closing of $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Rhea-AI Summary
Momentus Inc. announced the closing of a registered direct offering with a single institutional investor, resulting in gross proceeds of approximately $4.0 million. The offering included the purchase and sale of 3,687,000 shares of common stock and warrants to purchase up to an aggregate of 3,687,000 shares of common stock. Additionally, existing warrants to purchase up to 5,808,538 shares were amended to have a reduced exercise price of $0.96 per share, subject to stockholder approval. The offering is made pursuant to an effective shelf registration statement on Form S-3 previously filed with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.86%
Tags
offering
News
Momentus Announces $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Rhea-AI Summary
Momentus Inc. (MNTS) has entered into a securities purchase agreement with a U.S. institutional investor for the purchase and sale of 3,687,000 shares of common stock at a purchase price of $1.085 per share, resulting in total gross proceeds of approximately $4.0 million. The Company also agreed to issue warrants to purchase up to an aggregate of 3,687,000 shares of common stock at an exercise price of $0.96, exercisable immediately and expiring five years from the date of issuance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.83%
Tags
offering
Stock MNTS logo
Momentus Inc

Nasdaq:MNTS

MNTS Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

MNTS Stock Data

5.33M
6.46M
1.18%
7.96%
1.85%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States
San Jose

About MNTS

as a first-mover in building in-space transportation and infrastructure technology, momentus is at the forefront of the commercialization of space. with an experienced team of aerospace, propulsion, and robotics engineers, momentus has developed a cost-effective and energy-efficient in-space transport system based on plasma water propulsion technology. momentus has in-place service agreements with lockheed martin, nasa, and various other private satellite companies, government agencies, and research organizations, and its first vigoride™ transport system launch is scheduled for december 2020.