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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Momentus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Momentus's position in the market.
Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) signed a contract with CalgaryToSpace (CTS) to provide transportation and orbital delivery services for the launch of CTS-SAT-1, a satellite developed by the only student team in Calgary, Alberta, Canada. This marks Momentus' seventh commercial contract announced since August, with other recent contracts including services for AVS, FOSSA, Aarhus, C3S, SatRev, and RIDE! space. Momentus is currently booking rideshare and hosted payload customers on the SpaceX Transporter-11 mission targeted for no earlier than June 2024 and the SpaceX Transporter-12 mission targeted for no earlier than October 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.63%
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Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) provided an update on its latest mission launched on the SpaceX Transporter-9 mission, confirming the deployment of two satellites for one customer but unable to confirm the deployment of three other satellites for three different customers. Momentus has launched four missions to date, deployed 17 customer satellites, and provided hosted payload services. The Company’s next mission is targeted to fly in Q1 2024, serving customers requiring orbital delivery and hosted payload services, as well as featuring a Momentus-hosted payload for a rendezvous and proximity operations demonstration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.63%
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Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) Grants Inducement Award to New Employee
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Rhea-AI Sentiment
End-of-Day
5.05%
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Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) announced its Q3 2023 financial results, highlighting significant traction in the commercial market, execution of four missions, deployment of 18 customer satellites, and raised gross proceeds of $16.9 million. The company also signed contracts with various customers for transportation and orbital delivery services, expanded its satellite bus services, and started work on a Small Business Innovation Research award from the Space Development Agency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.64%
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Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) Advances In-Space Testing of Microwave Electrothermal Thruster (MET) and Tape Spring Solar Array (TASSA)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.12%
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News
Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) announced the closing of an agreement with an existing investor to exercise warrants, resulting in gross proceeds of approximately $6.5 million. The investor received new warrants to purchase up to 5,808,538 shares of common stock. The New Warrants are immediately exercisable at an exercise price of $3.862 per common share and will expire on November 9, 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.29%
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Rhea-AI Summary
Momentus Inc. (NASDAQ: MNTS) signs agreement with RIDE! Space to offer satellite buses and in-space infrastructure services through RIDE! Space platform. Momentus to fly Gaindesat and Djibouti payloads on a single mission in 2024. The partnership aims to provide seamless launch services through RIDE!'s digital platform, with Momentus as a key partner in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.92%
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Rhea-AI Summary
Momentus Inc. has signed a contract with AVS for transportation and orbital delivery services in 2024. AVS will fly its LUR-1 payload on the SpaceX Transporter-11 mission. Momentus has executed three orbital missions and deployed 15 customer payloads. Email sales@momentus.space to start the reservation process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.28%
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Rhea-AI Summary
Momentus Inc. has completed vibration testing of its Vigoride Orbital Service Vehicle scheduled to launch on the SpaceX Transporter-10 mission in March 2024. The testing exposed the spacecraft to launch forces and environmental factors. The mission will carry seven customers requiring orbital delivery services and two customers requiring hosted payload services. Momentus' next flight is scheduled for November 2023 on the SpaceX Transporter-9 mission, where it will provide transportation services for five payloads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.26%
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Ocean Power Technologies (OPT) has announced that Rear Admiral Victorino “Vic” G. Mercado (Retired) has been retained as a special advisor to the company's Board of Directors. Admiral Mercado's expertise in security, strategy, and operations from his 35-year career in the U.S. Navy and service at the Department of Defense will be valuable in providing intelligent maritime solutions to the U.S. Government and defense sectors. OPT aims to enhance value for shareholders through the guidance of high-caliber advisors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.71%
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Momentus Inc.
Nasdaq:MNTS
MNTS Rankings
MNTS Stock Data
7.79M
6.46M
1.18%
7.96%
1.85%
Small Arms Ammunition Manufacturing
Manufacturing
United States of America
VENICE BEACH
About MNTS
as a first-mover in building in-space transportation and infrastructure technology, momentus is at the forefront of the commercialization of space. with an experienced team of aerospace, propulsion, and robotics engineers, momentus has developed a cost-effective and energy-efficient in-space transport system based on plasma water propulsion technology. momentus has in-place service agreements with lockheed martin, nasa, and various other private satellite companies, government agencies, and research organizations, and its first vigoride™ transport system launch is scheduled for december 2020.