Latest news with #Momentus
Business Wire
01-07-2025
- Business
- Business Wire
Momentus and Orbit Fab Partner to Advance Space Servicing with Podracer and RAFTI Demonstration Flight
SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS), a leading U.S. commercial space company specializing in satellite solutions, transportation, and in-space infrastructure, has signed a contract with Orbit Fab to provide hosted payload services for the on-orbit demonstration of Podracer, a space domain awareness payload, and the Rapidly Attachable Fluid Transfer Interface (RAFTI). The mission is scheduled to launch no earlier than February 2026 aboard a SpaceX Transporter rideshare mission. Fueling the future of space—Momentus and Orbit Fab demonstrates next-gen refueling and sensing technologies—delivering agile operations and mission resilience in orbit. Funded by the U.S. Air Force Research Laboratory (AFRL), Podracer will conduct a flight demonstration of infrared imaging sensors, image processing technology, and a control module to enhance space domain awareness aboard the Vigoride 7 orbital service vehicle (OSV). Podracer will also be used as part of a rendezvous and proximity operations (RPO) demonstration mission that Momentus plans to conduct during the Vigoride 7 mission using a system developed by Momentus. Through Vigoride's communications and data transfer systems, Orbit Fab will operate the Podracer payload remotely from its Mission Operations Center in Colorado, ensuring real-time control and monitoring of the hosted payload mission. During the Vigoride 7 mission, Momentus and Orbit Fab plan to conduct the first flight demonstration of a hydrazine compatible, Space Systems Command approved RAFTI. Orbit Fab's advanced refueling interface is designed to extend the operational lifespan of satellites, by enabling spacecraft docking and refueling, thereby eliminating the current limitations imposed by onboard fuel reserves. This advancement is expected to significantly reduce costs and improve operational flexibility for satellite operators by mitigating mission constraints caused by fuel shortages. 'We are thrilled to collaborate with Orbit Fab to demonstrate the Podracer and RAFTI payloads to continue to push the boundaries of what's possible in space servicing and space domain awareness,' said Momentus CEO John Rood. 'The new contract with Orbit Fab adds another advanced technology payload to what will be an exciting mission early next year in which Momentus will support several cutting-edge payloads from the U.S. Defense Advanced Research Projects Agency, AFRL, and innovative early-stage space companies.' "We're excited to be working with Momentus as we advance the future of in-space mobility and dynamic space operations,' said Dr. Melissa Sampson, Vice President of Business Development, at Orbit Fab. 'Our collaboration underscores the critical role of on-orbit refueling for increasing satellite maneuverability and mission life. Together, we're pushing the boundaries of space technology and enabling a more agile and sustainable infrastructure in orbit.' This launch marks Momentus' fourth Vigoride mission and its first collaboration with Orbit Fab. In addition to Podracer, Momentus will provide transportation and hosted payload support during the Vigoride 7 mission for several additional commercial and U.S. government customers, including the U.S. Defense Department. As demand for Vigoride missions continues to grow, Momentus is actively planning a follow up mission using its Vigoride 8 OSV. Government and commercial customers interested in launching microsatellites up to 200 kg, cubesats, and hosted payloads in LEO are encouraged to contact the Momentus Commercial Team at sales@ for booking opportunities while space remains available. About Momentus Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. The Company offers satellites to support government and commercial customers for missions like communications, missile tracking, and cutting-edge science missions. Momentus offers services such as hosted payloads, support for in-space assembly, on-orbit servicing and refueling, and transportation of satellites to specific orbits. 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 the expected filing of the Company's Form 10-K and Form 10-Q and 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 April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission's website at and the Investor Relations section of our website at 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.
Associated Press
01-07-2025
- Business
- Associated Press
Momentus Receives Milestone Payments for Successful Execution of DARPA Contract For Assembly of Large Structures in Space
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul 1, 2025-- Momentus Inc. (NASDAQ: MNTS) ('Momentus' or the 'Company'), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space infrastructure services, has been successfully executing Phase 3 of a contract from a U.S. Department of Defense organization, the Defense Advanced Research Projects Agency (DARPA), to conduct an on-orbit demonstration of the assembly of large scale structures. The mission will launch on an upcoming SpaceX Transporter rideshare mission scheduled for launch no earlier than February 2026. Momentus recently completed several contract milestones, including the Preliminary Design Review (PDR) phase, of the DARPA Novel Orbital and Moon Manufacturing, Materials, and Mass-efficient Design (NOM4D) program and has received about $1.2M in milestone payments since March 2025. Momentus is under contract to provide full-service support to the DARPA NOM4D program, including arranging launch services, payload integration, and on-orbit hosting of the payload for a complex in-space assembly mission. The in-space assembly will be conducted on the Momentus Vigoride Orbital Service Vehicle (OSV). The purpose of this effort is to validate the functionality, performance, and reliability of the in-space assembly payload in the LEO space environment. Momentus was awarded the initial NOM4D contract in April 2024 and work under the current phase of the contract is scheduled to continue through June 2025. 'We're very happy to be supporting DARPA on this cutting-edge program and pleased to be playing a key role in executing this exciting demonstration of in-space assembly,' said Momentus Chief Executive Officer John Rood. 'Cost-effective assembly of structures in space has the potential to transform how we operate in space, enabling less complex and cost-effective structures like large communications antennas, hubs for orbital manufacturing of advanced materials and potentially products like semi-conductors, and other systems.' This mission marks Momentus' fourth Vigoride mission and first mission supporting DARPA. During the mission, Momentus will support additional Government and commercial transportation and hosted payload customers utilizing its Vigoride 7 OSV. Due to significant demand, we are actively planning our next mission, Vigoride 8. Government and commercial customers interested in utilizing the ability of the Vigoride vehicle to cost-effectively launch and deliver microsatellites up to 200 kg and cube sats, provide average power up to 1kW, and deploy or operate hosted payloads in LEO orbits are encouraged to contact the Momentus Commercial team at [email protected] while booking opportunities remain open. About Momentus Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. The Company offers satellites to support government and commercial customers for missions like communications, missile tracking, and cutting-edge science missions. In its transportation and infrastructure services business, Momentus aims to enable new ways of operating in space for orbital logistics with its Vigoride orbital service vehicle, which utilizes a modular system to customize the vehicle to meet the specific mission requirements of our customers. Momentus offers services such as hosted payloads, support for in-space assembly, on-orbit servicing and refueling, and transportation of satellites to specific orbits. 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 the expected filing of the Company's Form 10-K and Form 10-Q and 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 April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission's website at and the Investor Relations section of our website at 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 CONTACT: Investors: [email protected] Media: [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: OTHER ENERGY CONTRACTS HARDWARE ENERGY TECHNOLOGY DEFENSE SEMICONDUCTOR OTHER TRANSPORT SATELLITE ENGINEERING TRANSPORT AEROSPACE MANUFACTURING SOURCE: Momentus Inc. Copyright Business Wire 2025. PUB: 07/01/2025 08:02 AM/DISC: 07/01/2025 08:02 AM
Business Wire
01-07-2025
- Business
- Business Wire
Momentus Receives Milestone Payments for Successful Execution of DARPA Contract For Assembly of Large Structures in Space
SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) ('Momentus' or the 'Company'), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space infrastructure services, has been successfully executing Phase 3 of a contract from a U.S. Department of Defense organization, the Defense Advanced Research Projects Agency (DARPA), to conduct an on-orbit demonstration of the assembly of large scale structures. The mission will launch on an upcoming SpaceX Transporter rideshare mission scheduled for launch no earlier than February 2026. Redefining what's possible in orbit—Momentus and DARPA bring space construction to life. Share Momentus recently completed several contract milestones, including the Preliminary Design Review (PDR) phase, of the DARPA Novel Orbital and Moon Manufacturing, Materials, and Mass-efficient Design (NOM4D) program and has received about $1.2M in milestone payments since March 2025. Momentus is under contract to provide full-service support to the DARPA NOM4D program, including arranging launch services, payload integration, and on-orbit hosting of the payload for a complex in-space assembly mission. The in-space assembly will be conducted on the Momentus Vigoride Orbital Service Vehicle (OSV). The purpose of this effort is to validate the functionality, performance, and reliability of the in-space assembly payload in the LEO space environment. Momentus was awarded the initial NOM4D contract in April 2024 and work under the current phase of the contract is scheduled to continue through June 2025. 'We're very happy to be supporting DARPA on this cutting-edge program and pleased to be playing a key role in executing this exciting demonstration of in-space assembly,' said Momentus Chief Executive Officer John Rood. 'Cost-effective assembly of structures in space has the potential to transform how we operate in space, enabling less complex and cost-effective structures like large communications antennas, hubs for orbital manufacturing of advanced materials and potentially products like semi-conductors, and other systems.' This mission marks Momentus' fourth Vigoride mission and first mission supporting DARPA. During the mission, Momentus will support additional Government and commercial transportation and hosted payload customers utilizing its Vigoride 7 OSV. Due to significant demand, we are actively planning our next mission, Vigoride 8. Government and commercial customers interested in utilizing the ability of the Vigoride vehicle to cost-effectively launch and deliver microsatellites up to 200 kg and cube sats, provide average power up to 1kW, and deploy or operate hosted payloads in LEO orbits are encouraged to contact the Momentus Commercial team at sales@ while booking opportunities remain open. About Momentus Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. The Company offers satellites to support government and commercial customers for missions like communications, missile tracking, and cutting-edge science missions. In its transportation and infrastructure services business, Momentus aims to enable new ways of operating in space for orbital logistics with its Vigoride orbital service vehicle, which utilizes a modular system to customize the vehicle to meet the specific mission requirements of our customers. Momentus offers services such as hosted payloads, support for in-space assembly, on-orbit servicing and refueling, and transportation of satellites to specific orbits. 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 the expected filing of the Company's Form 10-K and Form 10-Q and 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 April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission's website at and the Investor Relations section of our website at 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.
Business Wire
30-06-2025
- Business
- Business Wire
Momentus Wins Contract in Highly Competitive U.S. Space Force SpaceWERX Sustained Space Maneuver Challenge
SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS), a U.S. commercial space company offering satellite buses and in-space infrastructure services, today announced it has signed a $1.86M Direct to Phase II Small Business Innovation Research (SBIR) contract with SpaceWERX, the innovation arm of the U.S. Space Force. The award supports the in-space flight demonstration of a novel, low-cost multi-spectral sensor suite for Rendezvous and Proximity Operations (RPO), scheduled for early 2026. 'This contract marks a major milestone in advancing cost-effective, autonomous in-space operations,' said John Rood, Chief Executive Officer of Momentus. Under this contract, Momentus will demonstrate an internally developed RPO system equipped with optical, infrared, and lidar sensors. The technology integrates machine vision algorithms and advanced data fusion used to guide the safe and autonomous approach of a spacecraft to an uncharacterized object in low Earth orbit. 'This contract marks a major milestone in advancing cost-effective, autonomous in-space operations,' said John Rood, Chief Executive Officer of Momentus. 'We're honored to support the U.S. Space Force and Department of the Air Force in developing the advanced capabilities needed to support their plans for dynamic space operations such as orbital servicing and refueling of satellites, assembly of structures in space, and debris mitigation.' The flight demonstration will take place aboard SpaceX's Transporter-16 rideshare mission scheduled for launch no earlier than February 2026, where Momentus will host the RPO payload on its Vigoride orbital service vehicle. The demonstration will be conducted alongside a group of commercial and Department of Defense customers. The project stems from the SpaceWERX Sustained Space Maneuver Challenge launched in 2024, where Momentus' proposal was selected out of numerous challengers for a Direct to Phase II award following a competitive evaluation. Contract negotiations were concluded in early June 2025. About Momentus Inc. Momentus is a U.S. commercial space company that provides satellite buses and in-space infrastructure services, including in-space transportation, hosted payloads, and orbital delivery solutions for microsatellites and CubeSats. 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 the expected filing of the Company's Form 10-K and Form 10-Q and 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 April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission's website at and the Investor Relations section of our website at 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.
Business Wire
30-06-2025
- Business
- Business Wire
Momentus Awarded NASA Contract for In-Space Power System Demonstration
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space firm specializing in satellite solutions, transportation, and in-space infrastructure, has been awarded a contract by the National Aeronautics and Space Administration (NASA). The agreement will support the demonstration of a Power Processing Unit (PPU) for Hall Thrusters based upon CisLunar Industries' Modular Configurable Electric Power Converter (MCEPC) technologies, designed to advance high Delta V Dynamic Maneuver and in-space assembly (ISAM) operations. By demonstrating cutting-edge power conversion technologies in orbit, Momentus and CisLunar Industries are taking a crucial step towards enabling scalable in-space infrastructure. Share The expansion of space infrastructure demands sustainable and scalable electric power solutions that enhance efficiency while minimizing weight and size. Efficient power generation exceeding 1 kW is essential for high Delta V Dynamic Maneuvering, sensing, and ISAM applications, necessitating advancements in conversion technologies. Under the new contract managed by NASA's Flight Opportunities program based at the agency's Armstrong Flight Research Center in Edwards, California, Momentus will host a payload from CisLunar Industries to conduct in-orbit testing of next-generation PPU technology and power management systems. This PPU payload will be among several payloads that Momentus will carry aboard its Vigoride 7 Orbital Service Vehicle scheduled for launch no earlier than February 2026 on a SpaceX Transporter mission to Low Earth Orbit. The mission will validate the technology's performance, with real-time data transmissions to Momentus mission operations, enabling updates to PPU operating conditions in support of NASA's ISAM objectives. By demonstrating cutting-edge power conversion technologies in orbit, Momentus and CisLunar Industries are taking a crucial step towards enabling scalable in-space infrastructure. This mission not only advances NASA's ISAM objectives but also underscores the importance of efficient power management for future dual-use orbital operations and next-generation space operations. About Momentus Momentus is a U.S. commercial space company offering satellites, satellite components, and in-space transportation and infrastructure services. The Company offers satellites to support government and commercial customers for missions like communications, missile tracking, and cutting-edge science missions. Momentus offers services such as hosted payloads, support for in-space assembly, on-orbit servicing and refueling, and transportation of satellites to specific orbits. 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 the expected filing of the Company's Form 10-K and Form 10-Q and 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 April 9, 2025, as such factors may be updated from time to time in our other filings with the Commission, accessible on the Commission's website at and the Investor Relations section of our website at 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.
