Momentus Inc. Market Research Report
Company Overview
- Name: Momentus Inc.
- Mission of the company: To offer in-space infrastructure services by building transfer and service vehicles that will carry satellites and hosted payloads between orbits in space.
- Founded: No information is available.
- Founders: No information is available.
- Key People:
- John Rood: Chief Executive Officer. Recognized as a Connectivity Business Executive to Watch.
- Headquarters: 3901 N. First Street, San Jose, CA 95134.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known for: Innovative water plasma-based propulsion system, Vigoride in-space transfer and service vehicle.
Products
Vigoride In-Space Transfer and Service Vehicle
- Description: The Vigoride vehicle is designed to provide in-space transportation and infrastructure services.
- Key Features:
- Uses Microwave Electrothermal Thruster (MET) technology that uses water as a propellant.
- Provides point-to-point transportation and deployment of customer payloads.
- Offers orbit transfer and maintenance, attitude control, and power and communications interfaces for telemetry, commanding, and downlinking of payload data.
Recent Developments
New Products and Features
- Innovative Propulsion System: Successfully completed initial tests in space.
- Tape Spring Solar Array (TASSA): New technology developed and demonstrated by Momentus.
Recent Missions and Launches
1. April 14, 2023 - SpaceX Transporter-7 Mission
- Delivered two satellites for the NASA LLITED mission.
- Payloads included REVELA payload for ARCA Dynamics, VIREO CubeSat for C3S LLC., DISCO-1 CubeSat for Aarhus University, and IRIS-C payload for an Asian customer booked through ISILAUNCH.
- Momentus used its Microwave Electrothermal Thruster (MET) propulsion technology.
2. January 3, 2023 - SpaceX Transporter-6 Mission
- Hosted Caltech’s Space-based Solar Power Project payload and deployed a satellite with the Qosmosys Zeus-1 payload.
- Tested Vigoride's performance, including its MET propulsion.
3. May 25, 2022 - SpaceX Transporter-5 Mission
- Marked Momentus’ inaugural demonstration mission, tested the Vigoride vehicle in space, supported eight commercial customer payloads.
Partnerships
- Hello Space: Signed a contract to carry a hosted payload.
- CalgaryToSpace: Contract for 2025 Orbital Delivery Services.
- AVS: Contract signed for 2024 Orbital Delivery.
- RIDE! Space: Collaborated to connect SmallSat operators to in-space services.
Financial Results and Transactions
- Third Quarter 2023 Financial Results: Announced.
- Warrant Inducement Transaction: Closed for $6.5 million in gross proceeds.
- $4.0 Million Registered Direct Offering: Priced at-the-Market Under Nasdaq Rules completed on October 2, 2023.
Awards and Recognitions
- John Rood, CEO: Recognized as a Connectivity Business Executive to Watch (September 28, 2023).
Contact Information
- General Inquiries: sales@momentus.space
- Partnerships: partnerships@momentus.space
- Jobs: jobs@momentus.space
- Investors: investors@momentus.space
- Phone: +1 (650) 564-7820
- Address: 3901 N. First Street, San Jose, CA 95134.
Note: All information is based on available data and no assumptions beyond the provided data have been made.