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“Momentus”
Momentus Announces Service Agreement for Hosted Payload with LuxSpace

SAN JOSE, Calif. (Momentus Inc. 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 a service agreement with LuxSpace.

LuxSpace, a Luxembourg-based subsidiary of German headquartered satellite manufacturer OHB, will fly its Triton-X small satellite platform aboard a Vigoride Orbital Transfer Vehicle in 2023. The mission will be an in-orbit demonstration of key Triton-X subsystems and other technologies.

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  • August 19, 2022
SCOUT Awarded SBIR Grant from NASA for Development of Autonomous Relative Navigation Systems

SCOUT Awarded SBIR Grant from NASA for Development of Autonomous Relative Navigation Systems for Rendezvous, Proximity Operations, and Docking

ALEXANDRIA, VIRGINIA, UNITED STATES, May 31, 2022 (SCOUT PR) — SCOUT Inc., a space tech company developing autonomous proximity operations and spacecraft awareness service, today announced its selection for a NASA SBIR award to make relative navigation more resilient and enable more autonomous rendezvous, proximity operations, and docking. This effort is expected to yield advancements in autonomy and resilience across a wide range of NASA applications which often require exhaustive pre-planning and manual operations of multi-satellite systems.

SCOUT’s fault-tolerant and robust 6-degree-of-freedom finite-time controllers integrate multiple control system inputs and data sources, such as SCOUT-Vision remote sensing systems, to facilitate faster, more accurate tracking performance and more efficient control energy consumption during proximity operations than conventional controller modes in the presence of real-world challenges such as actuator faults, parametric uncertainty, and unknown external disturbances.

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  • June 1, 2022
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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  • May 30, 2022
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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  • April 29, 2022
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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  • March 28, 2022
SCOUT Releases Autonomy Software to Enable Safer and Less Complex Space Operations

ALEXANDRIA, Va., January 26, 2022 (SCOUT PR) — SCOUT Inc. today announced its Autonomy Software offerings: computer vision and guidance software to make navigation safer and less complex for space operators. These offerings include software-hardware integration providing: next-generation AI/ML-based autonomy, hybrid data fusion from various sensors, and closed-loop optical navigation control algorithms. 

“Our first SCOUT-Vision system was launched into orbit in June 2021 and the software packages we’re offering today are due in part to the success of that mission,” said Eric Ingram, Co-founder and CEO of SCOUT. “SCOUT is working towards a future where spacecraft operations can be autonomous, and space traffic is continuously monitored from orbit. What we’re announcing today gets us a few steps further along that journey.” 

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  • January 27, 2022
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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  • January 10, 2022
Space SPACs Earnings Week

Five space companies that went public by merging with special purpose acquisition companies (SPACs) report earnings this week. Monday, Nov. 8 Virgin Galactic5 p.m. EST (22:00 UTC)https://investors.virgingalactic.com/news/news-details/2021/Virgin-Galactic-Announces-Date-of-Third-Quarter-2021-Financial-Results-and-Conference-Call/default.aspx Tuesday, Nov. 9 Momentus5 p.m. EST (22:00 UTC)https://investors.momentus.space/news-releases/news-release-details/momentus-announces-date-third-quarter-2021-financial-results-and Wednesday, Nov. 10 Redwire8:30 a.m. EST (13:30 UTC)https://ir.redwirespace.com/news-events/press-releases/detail/32/redwire-corporation-to-report-third-quarter-2021-results-on Spire Global5 p.m. EST (22:00 UTC)https://ir.spire.com/news-events/press-releases/detail/76/spire-global-inc-schedules-third-quarter-2021-results Thursday, Nov. 11 Astra Space4:30 p.m. EST (21:30 UTC)https://investor.astra.com/news-releases/news-release-details/astra-report-third-quarter-financial-results-november-11-2021

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  • November 8, 2021
Stable Road Shareholders Approve Plan to Take Momentus Public

VENICE, Calif. (Stable Road Acquisition Corp. PR) — Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (“Stable Road”) announced today that stockholders of Stable Road approved the proposed business combination with Momentus Inc. (“Momentus”), a U.S. commercial space company that plans to offer in-space infrastructure services, at the special meeting of stockholders (the “Special Meeting”) held on August 11, 2021.

The combined company will retain the Momentus name and its securities are expected to begin trading on the NASDAQ Global Select Market under the new symbol “MNTS” for Momentus stock and “MNTSW” for Momentus warrants on August 13, 2021, following the close of the business combination, which is expected to take place on August 12, 2021.

Over 97% of the votes cast at the meeting voted to approve the business combination. Holders of approximately 55% percent of Stable Road’s issued and outstanding shares cast votes at the Special Meeting.

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  • August 11, 2021
SEC Announces Charges Against Momentus, Stable Road and Their CEOs for Misleading Claims in SPAC Merger
Mikhail Kokorich

WASHINGTON, D.C., July 13, 2021 (SEC PR) — The Securities and Exchange Commission today announced charges against special purpose acquisition corporation Stable Road Acquisition Company, its sponsor SRC-NI, its CEO Brian Kabot, the SPAC’s proposed merger target Momentus Inc., and Momentus’s founder and former CEO Mikhail Kokorich for misleading claims about Momentus’s technology and about national security risks associated with Kokorich. The SEC’s litigation is proceeding against Kokorich, against whom the SEC filed a complaint in the U.S. District Court for the District of Columbia. All other parties are settling with the SEC, with terms including total penalties of more than $8 million, tailored investor protection undertakings, and the SPAC sponsor’s forfeiture of founder’s shares it stands to receive if the merger, currently scheduled for August 2021, is approved.

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  • July 14, 2021