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.
Momentus Inc. (NASDAQ: MNTS) announces the arrival of its Vigoride orbital transfer vehicle at Cape Canaveral, Florida, in preparation for its inaugural launch on the Falcon 9 rocket. The mission aims to test Vigoride in space, rectify any issues encountered, and incorporate lessons learned into future missions. Momentus is set to generate revenue by transporting customer payloads from clients including FOSSA Systems and Orbit NTNU. The launch is scheduled for May 2022, marking a significant step in providing in-space infrastructure services.
Momentus (NASDAQ: MNTS) announced a favorable FAA payload review for its inaugural Vigoride orbital transfer vehicle flight, scheduled for SpaceX's Transporter-5 mission this month. This decision concludes the final regulatory requirements, following the recent FCC license and NOAA updates, allowing communication with the spacecraft. The FAA's approval reflects progress in addressing national security concerns. The mission aims to transport customer payloads and test Vigoride in orbit, though revenue generation is secondary to operational learning.
Momentus Inc. (NASDAQ: MNTS) announced the appointment of Charles Chase, Nick Zello, and Gary Bartmann as Vice Presidents of Engineering, Operations, and Supply Chain, respectively. These leaders bring extensive aerospace experience, focusing on innovation and strategy development. CEO John Rood emphasized their roles in transitioning the company from development to production, particularly with the upcoming launch of their Vigoride vehicle, powered by a water plasma-based propulsion system. This move aims to enhance Momentus' capabilities in the commercial space sector.
Momentus Inc. (NASDAQ: MNTS) has received an FCC license for its Vigoride orbital transfer vehicle, set to launch on SpaceX's Transporter-5 mission in May 2022. This license permits communication with Vigoride in Low Earth Orbit, marking significant regulatory progress. The FAA's payload review is the last step before launch, ensuring safety and compliance. During this mission, Momentus will transport customer payloads and gather data to improve future operations. The spacecraft successfully completed vibration testing, indicating readiness for the launch environment.
Momentus Inc. (NASDAQ: MNTS) announced it will release its financial results for Q1 2022 on May 10, 2022, after market close. A conference call to discuss these results will occur at 5:00 p.m. ET. Participants can join by calling +1 (800) 348-8613, with an International option at +1 (973) 528-0141. Momentus focuses on providing in-space infrastructure services, targeting the launch of its Vigoride vehicle to Low Earth Orbit as early as May 2022, pending necessary government licenses.
Momentus Inc. (NASDAQ: MNTS) announced the successful completion of vibration testing of its Vigoride orbital transfer vehicle at the National Technical Systems lab in Southern California. This milestone is part of Vigoride's ground test campaign, preparing it for its first mission on the SpaceX Transporter-5 mission, targeted for launch no earlier than May 2022, pending government licenses. The mission aims to deliver customer payloads to orbit and test Vigoride's functionality, with the potential to generate initial revenue.
Momentus Inc. (NASDAQ: MNTS) has secured multiple launch agreements with SpaceX, establishing a flight schedule through 2023. These agreements include slots for the upcoming Transporter missions, enhancing Momentus' launch cadence as it prepares to introduce its Vigoride orbital transfer vehicle. The company is currently completing testing phases for Vigoride, including Thermal Vacuum Testing and vibration testing. The inaugural flight is expected to occur in June 2022, pending government approvals.
Takeda proposes new candidates for independent external directors at its upcoming shareholders' meeting on June 29, 2022. The candidates, Kimberly A. Reed and John Maraganore, will replace retiring directors Toshiyuki Shiga and Shiro Kuniya. Additionally, Masami Iijima is nominated as the new chair of the Board Meetings, succeeding Masahiro Sakane. This move aims to enhance governance and diversity within the board. All current members will also be proposed for re-election.
Momentus Inc. (NASDAQ: MNTS) has completed Thermal Vacuum Testing (TVAC) on its Vigoride vehicle, simulating space conditions in preparation for its inaugural mission. The company received NOAA approval to modify its Vigoride license, enhancing readiness for the mission targeted in June 2022. Vigoride is also set for vibration testing, the last phase before launch. CEO John Rood highlights the progress made since the company's public debut, emphasizing ongoing testing and licensing activities as part of the normal operational cadence.
Momentus Inc. (NASDAQ: MNTS) has awarded 704,444 restricted stock units (RSUs) worth approximately $1.79 million to 14 new employees as an inducement for their joining. This decision complies with NASDAQ Listing Rule 5635(c)(4) and was approved by the Compensation Committee. The RSUs will vest over four years, with 25% vesting annually. Momentus focuses on providing commercial in-space transportation and infrastructure services, including plans for its Vigoride vehicle launch in June 2022, contingent on obtaining necessary government licenses.
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