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. (NASDAQ: MNTS) generates news as a U.S. commercial space company focused on satellites, in-space transportation, and orbital infrastructure services. Its press releases highlight developments in satellite buses, satellite components, hosted payloads, and missions flown on the company’s Vigoride Orbital Service Vehicle. News coverage often centers on how Momentus supports government and commercial customers with missions such as communications, missile tracking, and science activities in orbit.
Investors and industry followers can expect frequent updates on mission milestones and technology demonstrations. For example, the company has announced environmental testing milestones for its Vigoride‑7 Orbital Service Vehicle ahead of launch on a rideshare mission, as well as selection for the U.S. Missile Defense Agency’s SHIELD contract vehicle. These announcements describe how Vigoride and related systems may be used for missile tracking, communications, and technology demonstrations under national defense initiatives.
Momentus also issues news about technology partnerships and component development. Recent releases describe the development of an additively manufactured fuel tank in collaboration with Velo3D, scheduled for flight testing on a Vigoride mission, and a contract with DPhi Space to host the Clustergate‑2 edge computing payload to enable software and AI applications in orbit. Such updates provide insight into the company’s work on satellite components, fuel tanks, and hosted payload platforms.
Capital markets and corporate actions are another recurring theme in Momentus news. Press releases describe private placements, warrant inducement transactions, and reverse stock splits, along with the intended use of proceeds for working capital and general corporate purposes. Readers tracking MNTS news can follow these financing activities alongside operational updates, gaining a view into both the company’s in-orbit projects and its funding arrangements. Bookmarking the news feed for MNTS allows interested readers to monitor mission progress, contract awards, technology collaborations, and securities-related announcements as they are disclosed.
FreeWire Technologies, a leader in ultrafast electric vehicle charging, has announced the appointment of Alex Fishkin as Chief Legal Officer, Elaine Wu as Vice President of Strategic Sourcing & Logistics, and Mark Marosz as Vice President of Quality & Compliance. These strategic hires come amidst growing demand for EV charging solutions and aim to enhance operations amidst supply chain challenges. FreeWire is also expanding its U.S. operations, driven by the Bipartisan Infrastructure Law, and recently launched a new global headquarters in Newark, CA to accelerate innovation in EV charging.
Momentus Inc. (NASDAQ: MNTS) provided a third Mission Update following the launch of its Vigoride-3 spacecraft on May 25. The vehicle faced operational anomalies including malfunctioning deployable solar arrays, impacting power and communications. Despite these challenges, two customer satellites were successfully deployed on May 28. However, the company has expressed decreased confidence in deploying additional satellites as communication issues persist. Momentus plans further Vigoride launches later this year, intending to implement lessons learned from the current mission.
Momentus Inc. (NASDAQ: MNTS) announced that CEO John Rood will participate in a virtual fireside chat on IPO Edge on June 1 at 2:00 p.m. ET. The discussion will focus on the Company's first demonstration mission and its vision for in-space transportation and infrastructure services, aimed at enabling the space economy. Momentus specializes in offering in-space infrastructure, including transportation and hosted payloads, with a unique water plasma propulsion system under development.
Momentus Inc. (NASDAQ: MNTS) has successfully deployed two customer satellites during its first demonstration mission. The company is addressing issues with its Vigoride spacecraft as part of its ongoing work and plans to deploy additional satellites. Momentus focuses on providing in-space infrastructure services and is working on innovative water plasma-based propulsion systems. However, the company cautions that forward-looking statements are subject to risks and uncertainties, and it does not guarantee future performance or results.
Momentus Inc. (NASDAQ: MNTS) has provided a status update on its first demonstration mission, indicating that two-way contact has been established with the Vigoride Orbital Transfer Vehicle. Initial anomalies have occurred, and the company is applying for a Special Temporary Authority (STA) with the FCC to help command the vehicle back to its nominal configuration. The engineering and operations team is actively addressing these issues. Momentus aims to offer innovative in-space infrastructure services powered by a developing water plasma-based propulsion system.
Momentus Inc. (NASDAQ: MNTS) successfully launched its first Vigoride mission to low-earth orbit earlier this week, marking a significant milestone for the company. The mission involved deploying its first customer satellite and is part of a broader strategy to establish Momentus as a key player in the in-space transportation sector. CEO John Rood is set to ring the closing bell at Nasdaq MarketSite on May 27, 2022, celebrating this achievement and the company's public listing, which began trading on August 13, 2021.
Momentus Inc. (NASDAQ: MNTS) successfully launched its Vigoride orbital transfer vehicle on the SpaceX Transporter-5 mission, marking the company's first demonstration flight. The Vigoride spacecraft is set to operate in low-earth orbit for up to 180 days, deploying multiple customer payloads, including satellites from FOSSA Systems and Orbit NTNU. Momentus aims to provide innovative in-space infrastructure services utilizing its Microwave Electrothermal Thruster technology. This mission represents a significant step in supporting the emerging space economy.
Momentus Inc. (NASDAQ: MNTS) announced the granting of inducement awards to 20 new employees, approved by its Compensation Committee. These awards consist of 1,129,064 restricted stock units (RSUs) valued at approximately $3.3 million based on a closing price of $2.90 per share on May 20, 2022. The RSUs are set to vest over either three years with quarterly vesting or four years with annual vesting, contingent upon continued employment with Momentus. The company focuses on providing in-space transportation and infrastructure services, with plans for launching its first Vigoride vehicle soon.
Momentus Inc. (NASDAQ: MNTS) has successfully integrated its Vigoride Orbital Transfer Vehicle with customer payloads on a SpaceX Falcon 9 launch vehicle for the upcoming Transporter-5 mission, scheduled this month. The company has received all necessary government licenses for its inaugural launch, which aims to last up to 180 days. In addition, Momentus has acquired a second port on the Transporter-5 mission to offer varied orbital delivery services. The mission will test Vigoride's performance and gather insights for future developments.
Momentus Inc. (NASDAQ: MNTS) reported its financial results for Q1 2022, revealing progress in launching its Vigoride spacecraft. The spacecraft is now at Cape Canaveral for integration with a SpaceX Falcon 9 rocket, with the launch targeted for this month. The company successfully conducted extensive ground tests and signed agreements for four additional SpaceX missions through 2023. Momentus has also secured requisite government licenses and approvals, bolstering its regulatory compliance. Key talent has been added to strengthen the team, enhancing its competitive edge in the aerospace sector.
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