SANTA CLARA, Calif. (Momentus PR) — Momentus Inc. (“Momentus” or the “Company”), a U.S. commercial space company that intends to offer transportation and other in-space infrastructure services, today announced that it received a draft National Security Agreement (NSA) from the Committee on Foreign Investment in the United States (CFIUS). The draft NSA specifies CFIUS’s proposed requirements to resolve its national security concerns about the foreign ownership and control of Momentus. Receiving the draft NSA is an important milestone toward overcoming a key issue that has delayed completion of Momentus’ proposed merger with Stable Road Acquisition Corp. (Nasdaq: SRAC, SRACU, SRACW) (“Stable Road”).
Momentus aims to be a trusted partner to the U.S. government and has taken swift action in response to government concerns. The Company obtained the resignation of its co-founder and former CEO and implemented trust and voting arrangements to ensure that the shares of its co-founders can only be voted by U.S. citizens. The Company voluntarily filed for CFIUS review to enable CFIUS and its member agencies to scrutinize any and all records of Momentus, and proactively proposed a U.S. national security mitigation plan intended to resolve the national security concerns that CFIUS and its member agencies have raised.
SANTA CLARA, Calif,, September 28, 2020 (Momentus PR) — Momentus Inc. (the “Company”), a commercial space company offering in-space satellite transportation and infrastructure services, today announced the appointment of Jikun Kim as Chief Financial Officer, effective September 28, 2020.
Mr. Kim’s appointment comes as Momentus prepares for the first commercial launch of Vigoride, the Company’s orbital transfer vehicle designed for last mile, in-space satellite transportation services. Vigoride is scheduled to launch on a SpaceX Falcon 9 rocket in December 2020. The launch marks the first time Momentus’ vehicles will carry customers, following a successful in-space test of Momentus’ groundbreaking water propulsion technology.
Beginning in June 2021 companies or academics requiring large scale demos in Space can ride on a Momentus bus
SANTA CLARA, Calif., August 03, 2020 (Momentus PR) — Momentus (www.momentus.space), provider of in-space transportation services for satellites, today announced a hosting service for customer payloads, providing access for analytics and in-space demonstrations at a fraction of the cost of designing, building, launching and operating a dedicated smallsat.
SANTA CLARA, Calif. (Momentus Space) — Today we are excited to share the news that SatRevolution, a forerunner of the space industry in Poland, will join our December 2020 launch.
SatRevolution designs and supplies cubesat platforms and services, and is currently working on the first phase of its Earth-observation constellation in 2023. LabSat, which will be transported by Vigoride, is the result of a project focusing on miniaturized laboratory tools and technologies for testing in microgravity conditions. The satellite consists of a cubesat bus, created by SatRevolution, and scientific payloads developed by four Wrocław based universities, spearheaded by Wroclaw University of Science and Technology.
Momentus applauds SatRevolution’s work with scientific institutions, such as Grenoble University Space Centre, Wrocław University of Science and Technology, and AGH University in Krakow and are looking forward to working with them on both scientific and commercial projects in the future.
SANTA CLARA, Calif. (Momentus Space PR) — As we have written in the past, SpaceX has proven a new paradigm for the satellite launch industry. From record-breaking launches for payloads (number of satellites on one rocket) to one of the most innovative and flexible ridesharing programs, the team there has proven that the world’s first orbital-class reusable rocket can bring down costs for smallsat operators through regularly scheduled, dedicated Falcon 9 rideshare missions.
Still, many CubeSat and smallsat operators would prefer to be in custom orbits at different inclinations, in different orbit planes, or at different altitudes.