Momentus Space is a U.S. commercial space company that aims to provide in-space infrastructure services, including transportation, hosted payloads, and in-orbit services. They are developing orbital service vehicles, like Vigoride, powered by a water plasma-based propulsion system, to carry satellites and payloads between different orbits. Momentus is partnering with companies like Solstar Space and Velo3D, and has contracts with organizations like the U.S. Air Force.
All verified mentions of this organization in source documents.
Momentus reported $299,000 in revenue in 2022 and a net loss of $91,300,000 for 2022.
Momentus had $61,100,000 of cash on hand as of the end of 2022.
Momentus reported a backlog of $33,000,000 in firm contracts and options as of the end of 2022, down from $43,000,000 as of the end of October 2022.
Momentus settled a class-action lawsuit over its SPAC merger by agreeing to pay $8.5 million, with at least $4,000,000 of the payment coming from insurance.
Momentus completed production of Vigoride-6 and shipped it on 2023-03-08 to Vandenberg Space Force Base for integration on the SpaceX Transporter-7 dedicated rideshare mission scheduled for launch in April.
Vigoride-5, Momentus’ second demonstration mission, launched in January 2023.
The Momentus team completed final flight preparations and integrated the Vigoride-6 OSV with a Falcon 9 launch vehicle.
Momentus launched its inaugural mission in May 2022, which deployed eight customer payloads from the Vigoride-3 vehicle and a third-party deployer.
In the coming weeks, Momentus will prioritize testing the Vigoride-5 vehicle’s Microwave Electrothermal Thruster (MET).
FOSSA Systems signed a contract with Momentus Inc. to place its FOSSASat FEROX satellites into low-Earth orbit on two Vigoride Orbital Service Vehicle missions starting in 2023.
FOSSA Systems flew on Momentus’ inaugural mission that launched in May 2022.
Space firms that went public through SPAC deals include Astra, Virgin Orbit, Rocket Lab, BlackSky, Spire, AST SpaceMobile, Satellogic, Planet, Terran Orbital, Virgin Galactic, Redwire, and Momentus.
A privately funded California Institute of Technology project to test space-based solar power technologies launched on 2023-01-03 as a hosted payload on the Vigoride 5 tug operated by Momentus.
FOSSA Systems flew with Momentus on Momentus’ inaugural mission that launched in May 2022.
FOSSA Systems booked two Vigoride space tugs from Momentus on 2023-01-12 to start deploying next-generation satellites in 2023.
Momentus signed a contract with FOSSA Systems to place FOSSASat FEROX satellites into low-Earth orbit on two Vigoride Orbital Service Vehicle missions starting in 2023.
The first Momentus Vigoride tug carrying an unspecified number of FOSSA Systems satellites is due to launch on SpaceX Transporter-8, a Falcon 9 rideshare mission slated for no earlier than June 2023.
Momentus Inc. signed a contract with FOSSA Systems to place FOSSASat FEROX satellites into low-Earth orbit on two Vigoride Orbital Service Vehicle missions starting in 2023.
FOSSA Systems previously flew on Momentus’ inaugural mission that launched in May 2022.
Momentus Inc. signed a contract with FOSSA Systems to place FOSSASat FEROX satellites into low-Earth orbit on two Vigoride Orbital Service Vehicle missions starting in 2023.