Momentus Reports $26.8 Million First Quarter Net Loss

SAN JOSE, Calif. (Momentus PR) — Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S.  commercial space company that plans to offer transportation and other in-space infrastructure services, today announced its financial results for the first quarter ended March 31, 2022.

“We’re excited to have seen momentum building last quarter as we move toward the first launch of our Vigoride orbital transfer vehicle to low earth orbit,” said Momentus Chief Executive John Rood. “We recently shipped the Vigoride spacecraft to Cape Canaveral, Florida for integration onto a SpaceX rocket. Cape Canaveral has been the site of so many historic firsts in space, and we’re looking forward to a historic first for our company when we put the Vigoride spacecraft in orbit for the first time.”

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Momentus Receives FCC License for First Flight

SAN JOSE, Calif. (Momentus PR) — Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that it has received a license from the Federal Communications Commission (FCC) supporting the inaugural flight of the Vigoride orbital transfer vehicle on the upcoming SpaceX Transporter-5 mission targeted for launch in May 2022.

The FCC license, issued after consultation with government agencies, authorizes Momentus to use radio frequencies to communicate with Vigoride while the spacecraft is in Low Earth Orbit.

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Momentus’ Vigoride Vehicle Completes Thermal Vacuum Testing

Vigoride (Credit: Momentus)

SAN JOSE, Calif. –- Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, recently completed Thermal Vacuum Testing (TVAC) on its Vigoride vehicle in preparation for its inaugural mission.

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Momentus Announces Leadership Changes

SAN JOSE, Calif. (Momentus PR) — Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that President Fred Kennedy has resigned from the Company effective January 21.

“I’ve been consistently impressed with the professionalism and capabilities of the Momentus team, especially its engineering and operations personnel,” said Momentus President Dr. Fred Kennedy. “Their commitment to the Company’s vision has been nothing short of extraordinary. While I am departing the Company and leaving the Bay Area with my family, I will be following the team’s progress and look forward to seeing them get to orbit and do some outstanding work.”

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