STOCK TITAN

Momentus Announces Date of First Quarter 2022 Financial Results and Conference Call

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

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.

Positive
  • Intended launch of Vigoride vehicle to Low Earth Orbit by May 2022.
  • Focus on innovative water plasma-based propulsion system for in-space services.
Negative
  • No assurance of receiving necessary government licenses for Vigoride launch.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that it will report its financial results for the first quarter 2022 following the close of the U.S. markets on Tuesday, May 10, 2022.

Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 348-8613 and enter the conference ID number 281764. International participants should dial +1 (973) 528-0141.

The live audio webcast along with supplemental information will be accessible on the Company’s Investor Relations website at https://investors.momentus.space/events-and-presentations. A recording of the webcast will also be available following the conference call.

About Momentus

Momentus is a U.S. commercial space company that plans to offer in-space infrastructure services, including in-space transportation, hosted payloads and in-orbit services. Momentus believes it can make new ways of operating in space possible with its planned in-space transfer and service vehicles that will be powered by an innovative water plasma-based propulsion system that is under development. The Company anticipates flying its first Vigoride vehicle to Low Earth Orbit on a third-party launch provider as early as May 2022, subject to receipt of appropriate government licenses, for which there is no assurance such licenses, approvals and availability will be received, if at all.

Forward-Looking Statements

This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding Momentus or its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the “Risk Factors” in the Proxy Statement/Prospectus filed by the Company on July 23, 2021, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Investors

Darryl Genovesi at investors@momentus.space

Media

Jessica Pieczonka at press@momentus.space

Source: Momentus Inc.

FAQ

When will Momentus Inc. report its Q1 2022 financial results?

Momentus Inc. will report its Q1 2022 financial results on May 10, 2022.

What time is the Momentus Inc. conference call?

The conference call will take place at 5:00 p.m. ET on May 10, 2022.

How can I access the Momentus Inc. conference call?

Participants can access the conference call by dialing +1 (800) 348-8613 for the U.S. or +1 (973) 528-0141 for international calls.

What services does Momentus Inc. plan to offer?

Momentus Inc. plans to offer in-space infrastructure services, including transportation and hosted payloads.

What is the status of Momentus Inc.'s Vigoride vehicle launch?

The Vigoride vehicle is planned for launch to Low Earth Orbit as early as May 2022, subject to government licenses.

Momentus Inc.

NASDAQ:MNTS

MNTS Rankings

MNTS Latest News

MNTS Stock Data

16.24M
2.29M
6.51%
2.19%
5.49%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States of America
VENICE BEACH