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 acknowledged that it will not be able to launch the first two Vigoride tugs in June 2025.
If Stable Road does not achieve the 65% approval threshold by the 2025-05-13 deadline, the merger with Momentus will be off and the SPAC will be liquidated to shareholders at $10.03 per share.
Momentus sought the FAA payload review in order to be part of a SpaceX dedicated rideshare launch scheduled for June 2025.
The FAA’s Office of Commercial Space Transportation notified Momentus on 2025-05-10 that it had denied the company’s application for a payload review.
Mikhail Kokorich and Brainyspace LLC, a firm owned by co-founder Lev Khasis and his wife, agreed in March 2025 to divest their Momentus shares within three years.
Stable Road Acquisition Corporation is seeking shareholder approval for a three-month extension to complete its merger with Momentus, moving the deadline from 2025-05-13 to 2025-08-13.
Momentus executives were hopeful in 2025-05-05 that the FAA would approve Vigoride-1 and Vigoride-2 for launch in 2025-06-01.
The Department of Defense concerns led to the FAA failing to grant approval in time for Momentus’ Vigoride-1 tug to launch on SpaceX’s Transporter-1 rideshare mission in January 2025.
Vigoride-1 is ready for launch but Momentus is awaiting final regulatory licenses and is planning a launch at the end of June 2024 pending those licenses.
Stable Road announced its merger agreement with Momentus in October 2023.
Momentus was awaiting a Federal Aviation Administration payload review to allow it to launch its first space tug, Vigoride-1, on a SpaceX rideshare mission in June 2024.
Stable Road sought to extend the deadline to complete its merger with Momentus from 2024-05-13 to 2024-08-13.
Mikhail Kokorich and Brainyspace LLC, a firm owned by co-founder Lev Khasis and his wife, agreed to divest their Momentus shares within three years.
Stable Road Acquisition Corporation adjourned a special meeting of its shareholders on 2024-05-06 because it did not have enough votes to approve a three-month extension of the deadline to complete its merger with Momentus.
Momentus, Astra, Spire, BlackSky, Rocket Lab, and Redwire planned SPAC deals in 2021 that together intended to raise $2,800,000,000.
Momentus is working on completing a merger with Stable Road Acquisition Corp.
Stable Road Acquisition Corp. has until 2021-05-13 to finalize its deal with Momentus and is requesting shareholders approve a three-month extension.
The cumulative financial effect on Momentus’s backlog from customer actions and Lockheed Martin’s decision not to partner with Momentus is less than $5,000,000.
Stable Road Acquisition Corporation has until 2021-05-13 to complete the deal with Momentus unless shareholders approve a three-month extension.
Momentus disclosed in a Securities and Exchange Commission filing on 2021-04-07 that Lockheed Martin decided not to proceed with Momentus as a partner for the NASA Tipping Point contract.