Momentus Inc. - MNTS STOCK NEWS

Momentus Inc. (NASDAQ: MNTS) has received an FCC license for its Vigoride orbital transfer vehicle, set to launch on SpaceX's Transporter-5 mission in May 2022. This license permits communication with Vigoride in Low Earth Orbit, marking significant regulatory progress. The FAA's payload review is the last step before launch, ensuring safety and compliance. During this mission, Momentus will transport customer payloads and gather data to improve future operations. The spacecraft successfully completed vibration testing, indicating readiness for the launch environment.

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.

Momentus Inc. (NASDAQ: MNTS) announced the successful completion of vibration testing of its Vigoride orbital transfer vehicle at the National Technical Systems lab in Southern California. This milestone is part of Vigoride's ground test campaign, preparing it for its first mission on the SpaceX Transporter-5 mission, targeted for launch no earlier than May 2022, pending government licenses. The mission aims to deliver customer payloads to orbit and test Vigoride's functionality, with the potential to generate initial revenue.

Momentus Inc. (NASDAQ: MNTS) has secured multiple launch agreements with SpaceX, establishing a flight schedule through 2023. These agreements include slots for the upcoming Transporter missions, enhancing Momentus' launch cadence as it prepares to introduce its Vigoride orbital transfer vehicle. The company is currently completing testing phases for Vigoride, including Thermal Vacuum Testing and vibration testing. The inaugural flight is expected to occur in June 2022, pending government approvals.

Takeda proposes new candidates for independent external directors at its upcoming shareholders' meeting on June 29, 2022. The candidates, Kimberly A. Reed and John Maraganore, will replace retiring directors Toshiyuki Shiga and Shiro Kuniya. Additionally, Masami Iijima is nominated as the new chair of the Board Meetings, succeeding Masahiro Sakane. This move aims to enhance governance and diversity within the board. All current members will also be proposed for re-election.

Momentus Inc. (NASDAQ: MNTS) has completed Thermal Vacuum Testing (TVAC) on its Vigoride vehicle, simulating space conditions in preparation for its inaugural mission. The company received NOAA approval to modify its Vigoride license, enhancing readiness for the mission targeted in June 2022. Vigoride is also set for vibration testing, the last phase before launch. CEO John Rood highlights the progress made since the company's public debut, emphasizing ongoing testing and licensing activities as part of the normal operational cadence.

Momentus Inc. (NASDAQ: MNTS) has awarded 704,444 restricted stock units (RSUs) worth approximately $1.79 million to 14 new employees as an inducement for their joining. This decision complies with NASDAQ Listing Rule 5635(c)(4) and was approved by the Compensation Committee. The RSUs will vest over four years, with 25% vesting annually. Momentus focuses on providing commercial in-space transportation and infrastructure services, including plans for its Vigoride vehicle launch in June 2022, contingent on obtaining necessary government licenses.

Momentus Inc. (NASDAQ: MNTS) announced participation at the SATELLITE 2022 Conference from March 21-24 in Washington, D.C. Notable speakers include CEO John Rood on satellite industry challenges, Chief of Product Aaron Mitchell on reducing spacecraft development costs, and VP Negar Feher discussing team management. The company's Vigoride vehicle is slated for a June 2022 launch, pending government approvals. Momentus aims to enhance space transportation and infrastructure with its innovative water plasma propulsion system.

Momentus Inc. (NASDAQ: MNTS) reported its fourth quarter financial results for 2021, highlighting progress in space transportation technology. The company aims to lead in the emerging space market, having matured its Vigoride orbital transfer vehicle through extensive testing. Key milestones include Launch Services agreements with SpaceX for multiple missions slated through 2023, and the completion of critical design reviews for Vigoride Block 2.2. Momentus is also forming a Strategic Advisory Group to enhance its aerospace programs and has made advances in its National Security Agreement.