Momentus Vigoride-5 Status Update #2

Rhea-AI Summary

Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, reported that its Vigoride-5 Orbital Service Vehicle launched on January 3 is in good health. The company is actively commissioning the vehicle for further operations, focusing on performance tuning for the attitude determination system and the pressurization of the propulsion system. Both power and temperature metrics are within expected ranges, indicating smooth operational progress.

Momentus aims to enhance in-space transportation and infrastructure services with innovative technology, including a water plasma-based propulsion system under development.

Positive

• Vigoride-5 successfully launched on January 3 and is in good health.
• Ongoing commissioning activities indicate positive operational progress.
• Power and temperature of the vehicle are within expected ranges.

Negative

• None.

Commissioning Operations Continue

SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, today announced that its Vigoride-5 Orbital Service Vehicle launched on the SpaceX Transporter-6 mission on January 3 continues to be in good health and that the team is continuing to fully commission the vehicle in preparation for further on-orbit operations. Recent activities have focused on tuning the performance of the attitude determination system and beginning pressurization of the vehicle’s propulsion system. The vehicle’s power and temperatures continue to be within the nominal expected ranges. Read more about the Vigoride-5 mission objectives and customers here.

About Momentus

Momentus is a U.S. commercial space company that offers 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 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230206005681/en/

Investors

Darryl Genovesi at investors@momentus.space

Media

Jessica Pieczonka at press@momentus.space

Source: Momentus Inc.

FAQ

What is the status of Momentus Inc.'s Vigoride-5 vehicle?

Momentus Inc.'s Vigoride-5 vehicle launched on January 3 and continues to be in good health as it undergoes commissioning.

When did Momentus Inc. launch the Vigoride-5 Orbital Service Vehicle?

The Vigoride-5 Orbital Service Vehicle was launched by Momentus Inc. on January 3.

What are the current operations being conducted on the Vigoride-5 vehicle?

Currently, Momentus is tuning the performance of the vehicle's attitude determination system and beginning pressurization of the propulsion system.

What is Momentus Inc.'s focus regarding in-space services?

Momentus Inc. focuses on in-space transportation and infrastructure services, powered by an innovative water plasma-based propulsion system.