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Momentus is seeking to extend its available cash to support operations through the end of 2023.
Momentus reported $129,000 in revenue in the third quarter of 2022 and adjusted negative EBITDA of $16,000,000 for the quarter.
Momentus has two additional Vigoride vehicles in development planned to fly on Transporter missions in February and May 2023 using the Block 2.2 design.
Momentus completed a flight readiness review for Vigoride 5 about a week before 2022-11-08 and planned to ship the spacecraft to Cape Canaveral shortly thereafter.
The podcast interview was made possible with support from Momentus Space.
Momentus completed comprehensive ground testing of the solar arrays that will support its second demonstration mission scheduled to launch on SpaceX Transporter-6 in December 2022.
Momentus plans to fully test its Microwave Electrothermal Thruster propulsion system that uses water as a propellant in space.
Momentus released a fifth mission update on its inaugural Vigoride mission that launched on 2022-05-25.
Momentus deployed one satellite from California State Polytechnic University at Pomona on 2022-05-25 from a third-party deployer on a second port of the launch vehicle.
Momentus deployed two FOSSA satellites from Vigoride on 2022-05-28.
Momentus plans to comprehensively test Vigoride in space, including its water-based propellant propulsion system.
Momentus deployed a SelfieSat two-unit cubesat developed by Orbit NTNU at the end of August 2022.
Momentus deployed four additional FOSSA satellites from Vigoride in July 2022.
LuxSpace will fly its Triton-X smallsat platform aboard a Momentus Vigoride Orbital Transfer Vehicle in 2023.
Momentus has reserved ports on three SpaceX Transporter launches in 2023 for additional Vigoride missions and is working on Vigoride-5, Vigoride-6, and Vigoride-7.
Vigoride-3 has suffered communications issues and Momentus has not been able to establish two-way communication with the spacecraft since late May after it deployed two smallsats.
Momentus deployed additional satellites from its first space tug, Vigoride-3.
Momentus deployed four satellites from the Vigoride-3 tug in July 2022.
Momentus deployed two satellites from Vigoride-3 three days after its 2022-05-25 launch on SpaceX’s Transporter-5 rideshare mission.
Momentus is moving ahead with its next vehicle, Vigoride-5, scheduled to launch on SpaceX’s Transporter-6 mission in November 2022.