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Momentus Inc. - MNTS STOCK NEWS

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) is a pioneering company in the commercialization of space, specializing in in-space transportation and infrastructure technology. With a seasoned team of aerospace, propulsion, and robotics engineers, Momentus has developed a highly efficient and cost-effective in-space transport system utilizing advanced plasma water propulsion technology. The company offers critical services in the new space economy, including Space Transportation, Satellite as a Service, and In-Orbit Servicing.

Momentus has established significant partnerships with industry giants such as Lockheed Martin and NASA, as well as various private satellite companies, government agencies, and research organizations. These collaborations underscore the company's strategic importance and operational capabilities in the space sector.

One of Momentus's notable projects is the Vigoride™ transport system, which is designed to carry satellites and hosted payloads between orbits. The first Vigoride™ launch was scheduled for December 2020, marking a significant milestone in the company's journey toward enhancing space infrastructure.

Momentus Inc. continues to push the boundaries of space technology, ensuring sustainable and efficient in-space operations. For investors and stakeholders, the company represents a crucial player in the ongoing expansion of the space economy, offering innovative solutions that cater to the growing demand for space services.

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Momentus Inc. (NASDAQ: MNTS) signs agreement with RIDE! Space to offer satellite buses and in-space infrastructure services through RIDE! Space platform. Momentus to fly Gaindesat and Djibouti payloads on a single mission in 2024. The partnership aims to provide seamless launch services through RIDE!'s digital platform, with Momentus as a key partner in the United States.
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Momentus Inc. has signed a contract with AVS for transportation and orbital delivery services in 2024. AVS will fly its LUR-1 payload on the SpaceX Transporter-11 mission. Momentus has executed three orbital missions and deployed 15 customer payloads. Email sales@momentus.space to start the reservation process.
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Momentus Inc. has completed vibration testing of its Vigoride Orbital Service Vehicle scheduled to launch on the SpaceX Transporter-10 mission in March 2024. The testing exposed the spacecraft to launch forces and environmental factors. The mission will carry seven customers requiring orbital delivery services and two customers requiring hosted payload services. Momentus' next flight is scheduled for November 2023 on the SpaceX Transporter-9 mission, where it will provide transportation services for five payloads.
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Ocean Power Technologies (OPT) has announced that Rear Admiral Victorino “Vic” G. Mercado (Retired) has been retained as a special advisor to the company's Board of Directors. Admiral Mercado's expertise in security, strategy, and operations from his 35-year career in the U.S. Navy and service at the Department of Defense will be valuable in providing intelligent maritime solutions to the U.S. Government and defense sectors. OPT aims to enhance value for shareholders through the guidance of high-caliber advisors.
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Momentus Inc. (NASDAQ: MNTS) will release its financial results for the third quarter 2023 on November 14, 2023. The company offers satellite buses, transportation, and other in-space infrastructure services. A conference call to discuss the results will be held at 5:00 p.m. Eastern Time. The live audio webcast and supplemental information will be accessible on the Company’s Investor Relations website.
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Momentus signs contract with SatRev for transportation and orbital delivery services in 2024
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Momentus signs contract with RIDE! Space for transportation and orbital delivery services in 2024
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Momentus integrates customer payloads for SpaceX Transporter-9 mission
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Momentus signs contract with C3S for transportation and orbital delivery services in 2025
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Momentus Inc. closes registered direct offering, raising $4.0 million
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FAQ

What is the current stock price of Momentus (MNTS)?

The current stock price of Momentus (MNTS) is $7.75 as of December 20, 2024.

What is the market cap of Momentus (MNTS)?

The market cap of Momentus (MNTS) is approximately 16.2M.

What services does Momentus Inc. provide?

Momentus offers Space Transportation, Satellite as a Service, and In-Orbit Servicing.

What is the Vigoride™ transport system?

The Vigoride™ transport system is designed to carry satellites and hosted payloads between orbits.

Who are Momentus's key partners?

Momentus has service agreements with Lockheed Martin, NASA, and various private satellite companies, government agencies, and research organizations.

What technology underpins Momentus’s transport system?

Momentus’s transport system is based on plasma water propulsion technology.

When was the first Vigoride™ launch scheduled?

The first Vigoride™ launch was scheduled for December 2020.

What makes Momentus’s transport system cost-effective?

The use of plasma water propulsion technology makes Momentus's transport system both energy-efficient and cost-effective.

What industries does Momentus serve?

Momentus serves the space transportation, satellite, government, and research sectors.

How does Momentus contribute to the space economy?

Momentus provides critical infrastructure and transportation services that support the growth and sustainability of the space economy.

What are some recent achievements of Momentus Inc.?

Recent achievements include developing the Vigoride™ transport system and securing major partnerships with industry leaders such as NASA and Lockheed Martin.

What sets Momentus apart from other space companies?

Momentus's unique plasma water propulsion technology, significant partnerships, and comprehensive service offerings set it apart in the space industry.

Momentus Inc.

Nasdaq:MNTS

MNTS Rankings

MNTS Stock Data

16.24M
2.29M
6.51%
2.19%
5.49%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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