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Momentus is developing a new generation of the MET system intended to increase engine efficiency and potentially extend engine lifetime to support refuelable and reusable versions of the Vigoride bus.
Momentus is preparing to launch Vigoride-6 on SpaceX’s Transporter-7 rideshare mission in April.
Momentus Inc. (NASDAQ: MNTS) completed the initial on-orbit test sequence of its Microwave Electrothermal Thruster (MET).
Momentus is preparing to launch Vigoride-6 on SpaceX’s Transporter-7 rideshare mission in April.
Momentus completed an initial test sequence of the Microwave Electrothermal Thruster on its Vigoride-5 vehicle launched in January on SpaceX’s Transporter-6 rideshare mission.
Vigoride-5, Momentus’ second demonstration mission, launched in January 2023.
Momentus launched its inaugural Vigoride mission in May 2022 that deployed eight customer payloads from Vigoride-3 and a third-party deployer.
Momentus completed final flight preparations and integrated Vigoride-6 with a Falcon 9 launch vehicle.
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 reported $299,000 in revenue in 2022 and a net loss of $91,300,000 for 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 had $61,100,000 of cash on hand as of the end of 2022.
Momentus raised $10,000,000 from an unnamed institutional investor on 2023-02-23 to make the final payment to Russian co-founders Mikhail Kokorich and Lev Khasis as part of a 2021 share divestment agreement.
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.
Momentus launched its inaugural mission in May 2022, which deployed eight customer payloads from the Vigoride-3 vehicle and a third-party deployer.
The Momentus team completed final flight preparations and integrated the Vigoride-6 OSV with a Falcon 9 launch vehicle.
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.