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 (MNTS) pioneers next-generation space infrastructure through advanced in-orbit transportation and satellite servicing solutions. This page serves as the definitive source for verified news and official updates about the company’s technological advancements, strategic partnerships, and operational milestones.
Access real-time updates on MNTS’s plasma water propulsion innovations, service agreements with government and commercial entities, and progress in building scalable space infrastructure. Investors and industry observers will find curated press releases covering earnings announcements, mission deployments, and R&D breakthroughs.
Key focus areas include orbital transfer vehicle developments, Satellite-as-a-Service implementations, and collaborations shaping the new space economy. All content is rigorously verified to ensure accuracy and relevance for both technical experts and general audiences.
Bookmark this page for streamlined access to Momentus’s evolving role in space logistics, with updates organized chronologically for efficient tracking of company progress.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, has secured an agreement with FOSSA Systems to launch a PocketPod as part of their Vigoride mission planned for October 2023. This deployment will include a picosatellite deployer capable of housing eight PocketQube satellites, aimed at providing IoT, Earth Observation, and demonstration services. FOSSA, known for its global IoT connectivity, is set to expand its satellite operations with this collaboration, furthering their constellation of satellites in orbit, which currently totals 13. This partnership underscores Momentus' role in optimizing small satellite missions.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, reported that its Vigoride-5 Orbital Service Vehicle launched on January 3 is in good health. The company is actively commissioning the vehicle for further operations, focusing on performance tuning for the attitude determination system and the pressurization of the propulsion system. Both power and temperature metrics are within expected ranges, indicating smooth operational progress.
Momentus aims to enhance in-space transportation and infrastructure services with innovative technology, including a water plasma-based propulsion system under development.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, will participate in the Architectural and Technical Considerations in SmallSat Constellations panel at the 2023 SmallSat Symposium on February 9. Chief Technology Officer Rob Schwarz will discuss the advantages of Orbital Service Vehicles for satellite launch and maintenance. Momentus has two Vigoride Orbital Service Vehicles in space, having deployed payloads since its inaugural mission in May 2022. The company is set to deliver next-generation satellites for FOSSA Systems to low-Earth orbit and aims to support smallsat payloads for NASA and other clients in 2023.
Momentus Inc. (NASDAQ: MNTS) has secured a contract with FOSSA Systems to launch its FOSSASat FEROX satellites into low-Earth orbit via two Vigoride missions in 2023. The first launch, scheduled for June 2023, will feature new design capabilities. This partnership builds upon FOSSA's existing 13-picosatellite constellation, aiming to deploy an 80-satellite network by 2024 to enhance low-power IoT services globally. CEO John Rood expressed confidence in fostering a long-term collaboration with FOSSA for future satellite deployments.
Momentus Inc. (NASDAQ: MNTS) announced that its Vigoride-5 Orbital Service Vehicle, launched on January 3 via SpaceX's Transporter-6 mission, is operational. The company is actively commissioning the vehicle for on-orbit services and has requested a Special Temporary Authority to enhance UHF beacon tracking for an additional 14 days. Initial data shows the vehicle's solar arrays are working well, generating power within expected ranges. Momentus focuses on in-space transportation and infrastructure services, leveraging innovative propulsion systems.
Momentus Inc. (NASDAQ: MNTS) announced key leadership appointments, with Chris Kinman joining as Chief Commercial Officer on January 9 and Dennis Mahoney serving as Interim Chief Financial Officer from January 7. Both leaders bring extensive experience in their fields, with Kinman previously at Northrop Grumman focusing on business development in the defense and space sectors, and Mahoney having over 40 years in financial strategy and operations across various industries. The company aims to capitalize on growing demand for in-space transportation and infrastructure services.
Momentus Inc. (NASDAQ: MNTS) successfully launched its Vigoride Orbital Service Vehicle (OSV) on SpaceX's Transporter-6 mission, marking its second demonstration flight. The vehicle has established contact and confirmed the deployment of solar arrays, generating power. The Vigoride OSV aims to provide advanced in-space transportation services using a Microwave Electrothermal Thruster (MET) that utilizes water as a propellant. This flight will host payloads from Caltech and Qosmosys while testing the vehicle's performance, including its MET system.
Momentus Inc. (NASDAQ: MNTS) concludes 2022 with notable achievements, including its first successful mission and the delivery of eight customer payloads to orbit. The company expanded its service offerings, signed new agreements with NASA and other clients, and advanced technology for its Vigoride Orbital Service Vehicle. Looking forward, Momentus has secured Launch Services Agreements with SpaceX for multiple rideshare missions in 2023 and aims to continue innovating its technology to enhance in-space transportation and infrastructure services.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, announced the granting of inducement awards to 10 new employees, consisting of 433,447 restricted stock units (RSUs) worth approximately $0.51 million. The awards were authorized by Momentus' Compensation Committee to incentivize new hires. The RSUs feature a three-year quarterly or a four-year annual vesting schedule, contingent upon the employees' continued service. This strategic move is part of Momentus' efforts to bolster its workforce as it aims to expand its in-space infrastructure services.
FAQ
What is the current stock price of Momentus (MNTS)?
What is the market cap of Momentus (MNTS)?
