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.
Momentus Inc (MNTS) pioneers next-generation space infrastructure through advanced in-orbit transportation and satellite servicing solutions. This page serves as the definitive source for verified news and official updates about the company’s technological advancements, strategic partnerships, and operational milestones.
Access real-time updates on MNTS’s plasma water propulsion innovations, service agreements with government and commercial entities, and progress in building scalable space infrastructure. Investors and industry observers will find curated press releases covering earnings announcements, mission deployments, and R&D breakthroughs.
Key focus areas include orbital transfer vehicle developments, Satellite-as-a-Service implementations, and collaborations shaping the new space economy. All content is rigorously verified to ensure accuracy and relevance for both technical experts and general audiences.
Bookmark this page for streamlined access to Momentus’s evolving role in space logistics, with updates organized chronologically for efficient tracking of company progress.
Momentus Inc. (NASDAQ: MNTS) reported its financial results for Q4 and the full year ending December 31, 2022. The company made significant advancements in 2022, including launching its Vigoride Orbital Service Vehicles and deploying its first eight customer satellites. Momentus secured new contracts with commercial and government clients, including a NASA mission scheduled for April 2023. The company is focused on expanding its government business and has experienced increased interest in its services. Additionally, it implemented a cash-reduction plan and secured $10 million through a stock offering to enhance financial stability.
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) announced the appointment of Kimberly A. Reed and Jeffrey A. Lipson to its Board of Directors effective March 1, 2023. With this change, the Board now comprises 11 members, 9 being independent. Reed, a former chairman and CEO of the U.S. Export-Import Bank, will add valuable regulatory insight and financial expertise. Lipson, who previously served as COO and CFO, assumes the CEO role, marking a leadership transition for HASI, which manages over $9 billion in assets focused on climate solutions.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, will release its financial results for Q4 and the full year 2022 on March 7, 2023, after U.S. market close. A conference call is scheduled for 5:00 p.m. ET that same day, where details can be accessed by dialing +1 (800) 715-9871. Momentus specializes in in-space transportation and infrastructure services, leveraging a developing water plasma propulsion system. The press release includes forward-looking statements, which may differ from actual future performance due to uncertain factors.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, announced a securities purchase agreement expected to yield $10 million in gross proceeds through a registered direct offering. The company will issue 9,396,000 shares of common stock, alongside pre-funded warrants for 2,170,043 shares and warrants for an additional 11,566,043 shares. The offering price is $0.8646 per share. Closing is anticipated by February 27, 2023, subject to customary conditions. Proceeds will primarily address general corporate purposes, including legacy obligations.
Momentus Inc. (NASDAQ: MNTS) has updated its launch schedule, planning three launches of its Vigoride Orbital Service Vehicle (OSV) in 2023. The upcoming missions will utilize SpaceX Transporter-6, 7, and 9, with Vigoride-6 expected to launch in April and Vigoride-7 in October. The company reports operational progress with Vigoride-5, confirming healthy systems and successful testing of Vigoride-6. These developments suggest improvements in production efficiency and ongoing technological advancements in Momentus' space services.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, announced continued progress in the commissioning of the Vigoride-5 Orbital Service Vehicle (OSV), launched on January 3. The OSV is reported to be in good health, with its power and thermal systems operating within nominal ranges. Key recent activities include tuning the attitude system and pressurizing the propulsion system. Momentus plans to test its innovative Microwave Electrothermal Thruster (MET), designed to utilize water for propulsion, aiming for cost-effective and environmentally friendly in-space transportation solutions.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, has secured an agreement with FOSSA Systems to launch a PocketPod as part of their Vigoride mission planned for October 2023. This deployment will include a picosatellite deployer capable of housing eight PocketQube satellites, aimed at providing IoT, Earth Observation, and demonstration services. FOSSA, known for its global IoT connectivity, is set to expand its satellite operations with this collaboration, furthering their constellation of satellites in orbit, which currently totals 13. This partnership underscores Momentus' role in optimizing small satellite missions.
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.
Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company, will participate in the Architectural and Technical Considerations in SmallSat Constellations panel at the 2023 SmallSat Symposium on February 9. Chief Technology Officer Rob Schwarz will discuss the advantages of Orbital Service Vehicles for satellite launch and maintenance. Momentus has two Vigoride Orbital Service Vehicles in space, having deployed payloads since its inaugural mission in May 2022. The company is set to deliver next-generation satellites for FOSSA Systems to low-Earth orbit and aims to support smallsat payloads for NASA and other clients in 2023.
Momentus Inc. (NASDAQ: MNTS) has secured a contract with FOSSA Systems to launch its FOSSASat FEROX satellites into low-Earth orbit via two Vigoride missions in 2023. The first launch, scheduled for June 2023, will feature new design capabilities. This partnership builds upon FOSSA's existing 13-picosatellite constellation, aiming to deploy an 80-satellite network by 2024 to enhance low-power IoT services globally. CEO John Rood expressed confidence in fostering a long-term collaboration with FOSSA for future satellite deployments.
FAQ
What is the current stock price of Momentus (MNTS)?
What is the market cap of Momentus (MNTS)?
