SANTA CLARA, Calif., July 17, 2019 (Momentus PR) — Momentus (https://www.momentus.space), a provider of in-space shuttle services that move satellites between orbits, today announced a $25.5mm series A investment round led by Prime Movers Lab and featuring investment from Y Combinator, the Lerner Family, the University of Wyoming Foundation, Quiet Capital, Mountain Nazca, ACE & Company, Liquid 2 Ventures, Drake Management, and others.
This round has brought the total investment amount for Momentus to $34MM. The investment will be used to continue development and in-space testing for Momentus’ Vigoride and Vigoride Extended in-space shuttles. The company also plans to accelerate hiring and expand research/manufacturing facilities at Momentus’ Santa Clara, CA headquarters.(more…)
- Parabolic Arc
- July 17, 2019