An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
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.
Positive
Successful launch of the first Vigoride mission, solidifying operational capabilities.
Deployment of the first customer satellite, validating customer interest and demand.
CEO's participation in ringing the Nasdaq closing bell enhances company visibility.
Negative
None.
Company Launched First Vigoride Mission to Space Earlier This Week
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 John Rood, Chief Executive Officer, will ring the closing bell at Nasdaq MarketSite in New York’s Time Square today, Friday, May 27, 2022 at 4:00 p.m. ET. The Company commenced trading on the Nasdaq Stock Market under the ticker symbol “MNTS” on August 13, 2021 and placed its first customer satellite in orbit and launched its first mission with the Vigoride Orbital Transfer Vehicle to low-earth orbit earlier this week.
"We’re honored to celebrate being a publicly traded company on Nasdaq," said Chief Executive Officer John Rood. "Ringing the closing bell at Nasdaq is a wonderful way to end a big week for Momentus that featured some key milestones with the deployment of our first customer satellite in orbit and start of our first Vigoride mission. The mission we launched this week will be an opportunity for us to test our Vigoride Orbital Transfer Vehicle, learn from the experience to improve our service offerings, and help our customers meet their mission objectives. We’re a young company and see this initial Vigoride mission as a great starting point as we aim to be a leading provider of in-space transportation and infrastructure services to enable the new space economy.”
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.
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 heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on March 9, 2022, 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.
What is the significance of Momentus Inc.'s first Vigoride mission launched recently?
The first Vigoride mission marks Momentus's entry into in-space transportation, deploying its first customer satellite, which is crucial for its operational validation.
When did Momentus Inc. start trading on Nasdaq?
Momentus Inc. began trading on the Nasdaq Stock Market on August 13, 2021.
Who is the CEO of Momentus Inc.?
The CEO of Momentus Inc. is John Rood.
What are Momentus Inc.'s plans following the launch of their first mission?
Momentus plans to use insights gained from the Vigoride mission to enhance its service offerings and meet customer objectives.
