Welcome to our dedicated page for Momentus news (Ticker: MNTS), a resource for investors and traders seeking the latest updates and insights on Momentus stock.
Momentus Inc. reports developments in commercial space operations, satellite technology, in-space transportation, and orbital infrastructure services. The company offers satellites, satellite components, and services built around its Vigoride orbital service vehicle, including hosted payload support, last-mile satellite delivery, and in-orbit servicing capabilities for government, defense, and commercial customers.
Recurring Momentus news includes Vigoride mission launches and commissioning updates, payload operations, design-review milestones, NASA and U.S. Department of Defense contract activity, and technology demonstrations involving propulsion, communications, onboard computing, and in-space assembly. Company updates also cover shareholder communications, revenue guidance, private placements, debt retirement, balance-sheet actions, and participation in commercial space industry forums.
Momentus (NASDAQ: MNTS) reported further progress on its Vigoride 7 Orbital Service Vehicle mission, launched March 30, 2026 on SpaceX Transporter-16 to low Earth orbit with 10 payloads for NASA, U.S. Defense organizations and commercial customers.
Vigoride 7 has executed more than 50 controlled orbit-lowering maneuvers using its two Microwave Electrothermal Thrusters, reducing altitude by nearly 20 km; the MET system has now been fired over 400 times across missions since 2023. Momentus is also flight-testing new satellite technologies, including first-time momentum wheels and a titanium 3D-printed fuel tank that is holding pressure as expected. The company highlighted continued operations of multiple hosted payloads and noted its fully booked Vigoride 8 mission in 2027 and available capacity on Vigoride 9.
Momentus (NASDAQ: MNTS) announced successful completion of the Spacecraft Critical Design Review (CDR) for its Vigoride 8 mission, which will carry two NASA-hosted payloads under existing contracts. The CDR’s completion concludes the spacecraft’s design and analysis phase and received an overall “green” status to proceed.
According to Momentus, NASA and mission customers from Spaceworks, COSMIC, and Juno participated in a detailed nine-hour review at the company’s San Jose headquarters, examining all subsystems and systems. The fully booked Vigoride 8 mission is scheduled for launch in 2027, while work has begun on Vigoride 9, which still has payload capacity available.
Momentus (NASDAQ: MNTS) signed a new commercial contract with the University of Colorado Boulder’s Laboratory for Atmospheric and Space Physics to host and operate the OWLS space weather mission on its Vigoride-9 Orbital Service Vehicle, targeting launch in 2027.
The agreement expands Momentus’ hosted payload and in-orbit services portfolio, which serves U.S. government, academic, technology, and commercial customers. According to Momentus, demand for mission-critical orbital services is increasing, supporting long-duration hosting and incremental revenue opportunities across its Vigoride-7, Vigoride-8, and Vigoride-9 missions.
Momentus (NASDAQ: MNTS) priced a registered direct offering of 1,851,852 common shares to new and existing long-term institutional investors, at-the-market under Nasdaq rules, for expected gross proceeds of about $25 million before fees.
Closing is expected around June 15, 2026, with proceeds for working capital and general corporate purposes.
Momentus (NASDAQ: MNTS) reported two key updates: a stronger balance sheet and progress on its Vigoride 7 mission. Recent capital actions, including full use of a $50 million ATM program, a $25 million private placement, and warrant exercises, lifted cash to about $76 million with no debt. Shares outstanding now total 16,983,959, including 765,580 pre-funded warrants.
Vigoride 7, launched March 30, 2026 on SpaceX Transporter-16, completed over 30 engine burns, began hosted payload operations for DARPA/Caltech’s ASTRA, NASA and other customers, and is supporting in-space assembly and additive-manufactured hardware demonstrations. Vigoride 8 is fully subscribed for NASA payloads in 2027.
Momentus (NASDAQ: MNTS) priced a $25 million private placement of 2,942,000 common shares (or equivalents) at-the-market under Nasdaq rules with existing institutional investors.
Gross proceeds will fund working capital and general corporate purposes, bringing total cash, cash equivalents, and short-term investments to about $76 million.
Momentus (NASDAQ: MNTS) granted inducement equity awards to six new employees under its 2022 Inducement Equity Plan. Approved by the Compensation Committee in line with NASDAQ Rule 5635(c)(4), the employees received an aggregate of 1,850 RSUs that vest annually over four years, contingent on continued service.
Momentus (NASDAQ: MNTS) published a CEO Letter to Shareholders dated May 5, 2026, outlining recent operational and commercial progress. Highlights include the March 30, 2026 Vigoride 7 launch, a $10.0 million 2026 revenue forecast (9X 2025), cash of $26.2 million as of April 23, 2026, retirement of remaining convertible debt, a closed $5 million private placement, and Vigoride 8 fully subscribed for 2027.
The letter emphasizes government contracts with NASA, DoD agencies, DARPA, AFRL/SpaceWERX, SDA, and SHIELD IDIQ participation, and notes Top Secret clearance for classified program competition.
Momentus (NASDAQ: MNTS) completed the Preliminary Design Review (PDR) for the Vigoride 8 mission, a fully booked flight carrying the Spaceworks COSMIC payload and NASA‑commissioned Juno RDRE payload. The PDR advances the program into detailed design under two NASA contracts and keeps the mission on schedule for an early 2027 launch. A clear path to Critical Design Review (CDR) in late May 2026 and investment in a new facility support higher mission throughput and schedule visibility.
Momentus (NASDAQ: MNTS) closed a private placement on April 16, 2026, selling 1,333,334 shares (or equivalents) at $3.75 per share for aggregate gross proceeds of approximately $5 million.
The company said net proceeds will be used for general corporate purposes, which may include debt repayment, capital expenditures, and working capital; Momentus agreed to file a registration statement to cover resale of the shares.