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Momentus is offering the M-1000 satellite bus, which is based on the space-proven Vigoride orbital service vehicle.
Momentus Inc. signed a contract with FOSSA Systems to provide hosted payload services starting in 2024 and the contract includes two options for additional hosted payloads.
Momentus provided mission management and integration support for the launch of the FOSSASat FEROX satellite in June 2023.
Momentus is providing hosted payload services to Caltech for the Space Solar Power Demonstrator (SSPD).
Momentus has offered the M-1000 satellite bus to commercial constellation providers and to the U.S. Government.
Momentus is offering the M-1000 satellite bus, which is based on the space-proven Vigoride Orbital Service Vehicle.
The first contract action for Momentus under the SDA SBIR award is valued at $746,073 with an option to add an additional $1,196,404 for further work.
Momentus developed the M-1000 satellite bus based on the Vigoride platform and is offering the M-1000 to the Space Development Agency and other potential customers.
Momentus received a Small Business Innovation Research award from the Space Development Agency valued at nearly $750,000 to tailor the Vigoride tug for U.S. Department of Defense applications, with an option worth nearly $1,200,000 for future work.
Momentus reduced headcount by 30% across both full-time employees and contractors late in the second quarter.
Momentus reported record quarterly revenue of $1,700,000 in the second quarter, the first time the company reported more than $1,000,000 in revenue in a quarter.
Momentus sought shareholder approval later in August for a reverse stock split in a ratio between 1-for-30 and 1-for-50 to boost its stock price and avoid delisting from Nasdaq.
Momentus signed a contract with the U.S. Defense Department’s Space Development Agency for a Small Business Innovation Research Award titled "Orbital Service Vehicle Enhancements to Meet Department of Defense (DoD) Mission Requirements."
Momentus laid off 18 employees on 2023-07-03 to enable a more cost-efficient organization and increase the company’s cash runway, as stated in its 2023-08-14 Form 10-Q filing with the U.S. Securities and Exchange Commission.
Momentus has offered the M-1000 satellite bus to commercial constellation providers and to the U.S. Government.
Momentus Inc. signed a contract with the U.S. Defense Department’s Space Development Agency for a Small Business Innovation Research Award titled "Orbital Service Vehicle Enhancements to Meet Department of Defense (DoD) Mission Requirements."
Momentus is offering the M-1000 satellite bus, which is based on the space-proven Vigoride orbital service vehicle.
Momentus is offering a satellite bus called the M-1000 to commercial and government customers beginning 2023-08-02.
Momentus’s current production facility is sufficient to build up to 50 m-1000 buses per year.
Momentus offered the M-1000 to the U.S. Space Force’s Space Development Agency for its Tranche 2 Transport Layer Alpha program of 50 satellites, with proposals due to SDA in July.