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.

Vigoride (Credit: Momentus)

SANTA CLARA, Calif. January 6, 2019 (Momentus PR) — Momentus, provider of in-space transportation services, today announced that they are taking orders for their Vigoride and Vigoride Extended services (orbital repositioning for satellites with masses up to 250kG) and have signed their first customer: EXOLAUNCH, in a contract worth more than $6M. EXOLAUNCH (formerly ECM Launch Services), is a leading European launch services provider and cluster integrator, that will first use Vigoride in the fourth quarter of 2020 and Vigoride Extended in 2021.

(more…)