Momentus Selected for U.S. Space Force SHIELD Contract Vehicle
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orbital service vehicletechnical
An orbital service vehicle is a spacecraft that acts like a tow truck and mobile mechanic in orbit: it approaches, inspects, repairs, refuels, relocates or removes other satellites and space debris instead of launching replacements. For investors, these vehicles can lower costs and extend the revenue life of satellites, create new service markets and revenue streams, and change risk profiles for satellite operators and insurers, affecting valuations across the space industry.
on-orbit demonstrationstechnical
On-orbit demonstrations are tests of spacecraft, instruments or services carried out while the hardware is operating in space around Earth or another body, rather than on the ground. For investors, these demonstrations act like a real-world test drive: they prove a technology works in the conditions it will face, reduce technical and business risk, and can unlock follow-on contracts, regulatory approvals or commercial sales that affect a company’s value.
A contract that lets a buyer place multiple orders over a set time without specifying exact quantities up front, only a minimum and maximum total amount that can be bought. For investors it signals a potential steady stream of work and revenue while leaving flexibility for the buyer; think of it like a subscription plan with a guaranteed minimum and a buying cap—good for predictable income but with some uncertainty about exact volumes.
missile trackingtechnical
Missile tracking is the use of sensors, radar, satellites and software to follow a missile’s location, speed and path from launch to impact or interception, much like a combination of GPS and high-speed cameras monitoring a fast-moving object. Investors care because advances, contracts or failures in missile-tracking systems directly affect the revenue, risk and valuation of companies that make the hardware and software, and they can influence defense budgets, export approvals and geopolitical risk that move markets.
space-based missile trackingtechnical
Space-based missile tracking uses satellites and other space sensors to detect, follow and report the position and trajectory of missiles from launch through flight, acting like a high-up traffic camera network for weapons. For investors, it matters because the technology drives defense spending, satellite manufacturing and data services; improvements can create recurring government contracts, boost related tech firms, and influence geopolitical risk that affects markets.
space superioritytechnical
Space superiority is the ability of a nation or organization to use space assets—like satellites and ground stations—freely while denying others the same freedom, effectively controlling access and operations in space. For investors, it matters because efforts to build, protect or disrupt that control drive government spending, shape demand for satellite services and defense technology, and influence regulatory risk and insurance costs; think of it as owning the toll bridges and coastlines that determine who can pass and trade in a valuable trade route.
space domain awarenesstechnical
The practice of detecting, tracking and predicting the location and behavior of objects in Earth orbit—such as active satellites, debris and spent rocket stages—so operators can avoid collisions and manage risks. For investors it matters because better awareness protects valuable satellite services, supports defense and commercial contracts, reduces insurance losses and creates market opportunities for companies that provide sensors, data and collision-avoidance services; think of it as air-traffic control for space.
ballistic and cruise missiletechnical
Ballistic missiles are weapons that are launched on a powered rocket phase and then follow a high, unpowered arcing trajectory toward their target, like a thrown object that falls along a set path; cruise missiles are powered throughout their flight and steer themselves at low altitude like a small, pilotless jet following a road. Investors watch them because their development, testing, or use drives defense spending, affects geopolitical risk, can disrupt supply chains and trade, and influences the value of defense and aerospace companies and related markets.
Momentus’ Vigoride OSV provides rapid on-orbit demonstrations and agile mission adaptability—strengthening U.S. defense
SAN JOSE, Calif.--(BUSINESS WIRE)--
Momentus Inc. (NASDAQ: MNTS) today announced its selection to participate in the Missile Defense Agency’s (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite‑delivery, indefinite‑quantity (IDIQ) contract vehicle. This designation positions Momentus to compete for rapid task orders supporting technology demonstrations, missile tracking, resilient communications, and other national defense missions.
The SHIELD program is a major element of the Pentagon’s new Golden Dome missile defense initiative, designed to create a layered shield against advanced ballistic and cruise missile threats. The SHIELD program has a potential 10‑year contract ceiling of $151 billion and provides the MDA with a flexible contract vehicle to rapidly acquire advanced technologies of strategic importance to national defense.
CEO John Rood commented:
“Under SHIELD, Momentus stands ready to turn speed into effects. Our configurable on‑orbit services can enable MDA to detect threats sooner, connect forces faster, and validate technologies today—leveraging our proven on‑orbit performance. We look forward to supporting MDA and the Nation in this critical defense requirement.”
SHIELD provides Momentus with a pathway to compete for task order contracts that we expect to be released regularly by MDA across multiple mission areas as part of the Golden Dome initiative. The flight‑proven Momentus Vigoride Orbital Service Vehicle (OSV) and its derivatives provide the Missile Defense Agency with a versatile platform to accelerate SHIELD technology demonstrations and can be used to support space-based missile tracking, communications, and interceptors. These systems can also support space superiority and space domain awareness missions. By offering mission agility and the ability to rapidly adapt to evolving requirements, Momentus provides a resilient and flexible solution that aligns directly with SHIELD’s objectives to strengthen the nation’s defense posture.
About Momentus
Momentus Inc. (NASDAQ: MNTS) is a U.S. commercial space company offering satellite buses, satellite components and in-space infrastructure services, including transportation, hosted payloads, and other in-orbit operations. With its Vigoride Orbital Service Vehicle, Momentus is pioneering solutions to make space more accessible and sustainable for commercial, government, and research customers.
Forward-Looking Statements
This press release contains certain statements that may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding Momentus or its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on June 6, 2024, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at https://momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
