Company Description
Momentus Inc. (NASDAQ: MNTS) is a U.S. commercial space company that focuses on satellites, in-space transportation, and orbital infrastructure services. According to its SEC registration statements and recent press releases, the company offers satellites, satellite buses, satellite components, and a range of in-space services designed to support government and commercial missions. Momentus is incorporated in Delaware and has its principal executive offices in San Jose, California.
Momentus describes itself in SEC filings as a provider of satellites, satellite buses, solar arrays, and other satellite components. Its satellites and satellite technologies are designed to offer payload capability, on‑orbit power, flexibility of design, and the ability to accommodate different sensors, communications equipment, and other space instruments. The company identifies satellite operators as its principal and target customers and notes that it aims to meet the specific needs of government and commercial users.
In its registration statements, Momentus highlights development of its Tape Spring Solar Array ("TASSA"), a solar array technology that the company states is being developed to produce power at lower cost than competing arrays and to offer advantages related to deployment, retraction, and maneuverability. These disclosures frame Momentus as not only a service provider but also a developer of satellite hardware and power systems.
Momentus also emphasizes in its SEC filings that it provides or plans to provide in‑space transportation and infrastructure services, including "last mile" satellite transportation and hosted payloads. Company press releases and filings describe the Vigoride Orbital Service Vehicle (OSV) as a key platform for these services. Vigoride is presented as an orbital service vehicle used to provide satellite operators with access to customized orbits and other in‑space capabilities. Press releases state that Vigoride missions can carry payloads for U.S. government agencies, including the U.S. Defense Department and NASA, as well as commercial customers.
Public disclosures indicate that Momentus offers services such as hosted payloads, support for in‑space assembly, on‑orbit servicing and refueling, and transportation of satellites to specific orbits. The company also states that it offers satellites to support missions such as communications, missile tracking, and science missions. These capabilities are described in Business Wire releases and in the company’s registration statements as part of its broader goal of enabling commercialization of space and providing in‑space infrastructure.
Momentus’ SEC filings and press materials also describe its role in national defense and security-related space activities. For example, a Business Wire release notes that Momentus was selected to participate in the U.S. Missile Defense Agency’s Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) contract vehicle. In that context, the company highlights the use of its Vigoride OSV and derivatives to support missions such as space‑based missile tracking, communications, and technology demonstrations under defense programs.
In addition to transportation and hosted payload services, Momentus’ public disclosures describe its work on satellite components and manufacturing approaches. A press release details the development of an additively manufactured fuel tank produced in collaboration with Velo3D, with flight testing planned on a Vigoride mission. This example illustrates the company’s focus, as described in its own materials, on adopting advanced manufacturing techniques for spacecraft components and positioning itself as a supplier of space‑rated fuel tanks.
Momentus also reports partnerships intended to expand the use of its orbital platforms. In a Business Wire announcement, the company describes a contract with DPhi Space to fly an edge computing payload, Clustergate‑2, on a Vigoride mission. The release explains that this payload is intended to enable deployment and operation of software applications in orbit, including AI algorithms, by using a hosted payload model on a shared satellite equipped with high‑performance edge computing hardware.
From a capital markets perspective, SEC filings and press releases show that Momentus has used a variety of financing tools, including private placements, warrant inducement transactions, convertible notes, and equity lines of credit. These transactions are described in detail in Form 8‑K and Form S‑1 filings, which outline the issuance of warrants, convertible promissory notes, and registration of shares for resale. The company’s Class A common stock and warrants trade on The Nasdaq Stock Market under the symbols MNTS and MNTSW, respectively, as disclosed in multiple Form 8‑K filings.
Momentus’ filings also describe its status as a smaller reporting company under SEC rules, which affects the scope of its required disclosures. The company has filed notifications of late filing (Form 12b‑25) when additional time was needed to complete certain quarterly reports, citing the need to finalize accounting treatment of warrants and related instruments. These regulatory documents provide insight into the company’s capital structure, financing arrangements, and reporting practices.
Overall, based strictly on its own SEC filings and press releases, Momentus Inc. presents itself as a U.S. commercial space company that combines satellite hardware, satellite components, solar array technology, and in‑space transportation and infrastructure services. Its business centers on serving satellite operators, government agencies, and commercial customers that require satellite platforms, hosted payload opportunities, and orbital logistics using its Vigoride Orbital Service Vehicle and related technologies.
Stock Performance
Momentus (MNTS) stock last traded at $4.28, up 1.64% from the previous close. Over the past 12 months, the stock has lost 89.3%. At a market capitalization of $6.9M, MNTS is classified as a micro-cap stock with approximately 1.4M shares outstanding.
Latest News
Momentus has 10 recent news articles, with the latest published 5 days ago. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include private placement, partnership. View all MNTS news →
SEC Filings
Momentus has filed 5 recent SEC filings, including 4 Form 4, 1 Form 8-K. The most recent filing was submitted on March 3, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all MNTS SEC filings →
Financial Highlights
Momentus generated $2.1M in revenue over the trailing twelve months, retaining a 96.9% gross margin, operating income reached -$29.7M (-1404.1% operating margin), and net income was -$34.9M, reflecting a -1653.1% net profit margin. Diluted earnings per share stood at $-23.19. The company generated -$16.6M in operating cash flow. With a current ratio of 0.30, short-term liquidity bears monitoring.
Upcoming Events
Vigoride mission launch
RSU annual vesting
Mission with COSMIC & Juno
Momentus has 3 upcoming scheduled events. The next event, "Vigoride mission launch", is scheduled for September 1, 2026 (in 161 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the MNTS stock price.
Short Interest History
Short interest in Momentus (MNTS) currently stands at 203.1 thousand shares, down 13.3% from the previous reporting period, representing 14.6% of the float. Over the past 12 months, short interest has decreased by 27.7%. This moderate level of short interest indicates notable bearish positioning.
Days to Cover History
Days to cover for Momentus (MNTS) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.7 days.
MNTS Company Profile & Sector Positioning
Momentus (MNTS) operates in the Aerospace & Defense industry within the broader Guided Missiles & Space Vehicles & Parts sector and is listed on the NASDAQ.
Investors comparing MNTS often look at related companies in the same sector, including Nauticus Robotic (KITT), Air Industries (AIRI), Hyperscale Data Inc. (GPUS), Sidus Space Inc (SIDU), and Cpi Aerostruct (CVU). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate MNTS's relative position within its industry.