Momentus
Momentus makes progress implementing national security agreement
In-space transportation company Momentus says it’s making progress in implementing a national security agreement that would allow the company to secure the licenses needed for its first mission.
Launch providers argue against a “magic number” for price to orbit
Companies offering smallsat launch services argue there is no “magic” price per kilogram that allows them to unlock greater demand, with customers willing to trade off price for responsiveness or other capabilities.
Rocket Lab to launch Finnish cubesat
A Finnish cubesat designed to test satellite deorbiting technologies will launch on a Rocket Lab Electron after delays with its original launch on a Momentus tug.
Shareholders approve Momentus SPAC deal
Shareholders of a special-purpose acquisition company (SPAC) approved a merger with in-space transportation company Momentus Aug. 11, the first of several such deals expected to close in the next month.
Simplification is key to space industry growth
The space industry needs to significantly simplify services for customers outside the sector to unlock its next phase of growth, space executives told the Small Satellite Conference Aug. 9.
Momentus looks ahead under new chief executive
The new CEO of Momentus hopes to turn the page on the company’s past regulatory problems and focus on development of its in-space propulsion technology it plans to demonstrate next year.
Investors drop out of Momentus SPAC deal
Investors accounting for more than half the money in a funding round concurrent with in-space transportation company Momentus’s merger with a special-purpose acquisition company (SPAC) dropped out of the deal when given the opportunity by a settlement with the Securities and Exchange Commission.
Stable Road and Momentus reach SEC settlement over false claims
The SEC has reached a settlement with in-space transportation company Momentus and the special purpose acquisition company (SPAC) it is planning to merge with regarding false claims the companies made, while continuing to pursue legal action against the Russian founder of Momentus.
Momentus valuation slashed in revised SPAC deal
A special purpose acquisition corporation (SPAC) has revised its agreement to merge with in-space transportation company Momentus, cutting the value of the deal in half.
Russian co-founders out of Momentus
In-space transportation company Momentus says its Russian co-founders are now “completely divested” from the company as it reaches a national security agreement with federal agencies.
Starburst Aerospace in talks to raise $50 million fund for space investments
U.S. accelerator Starburst Aerospace plans to raise a $50 million fund this year to invest in space startups, CEO Francois Chopard told SpaceNews in an interview.
Shareholders approve extension of Momentus deal
Shareholders in the special purpose acquisition company (SPAC) seeking to merge with in-space transportation company Momentus have narrowly approved a three-month extension of a deadline to complete the deal.
FAA rejects payload review for Momentus
The FAA has denied a payload review for in-space transportation company Momentus, meaning the company will miss its second opportunity to launch its first tugs.
Momentus SPAC merger seeking extension
The blank-check company proposing to merge with in-space transportation company Momentus is going down to the wire in its effort to convince shareholders to give it more time to close the deal.
Space industry in midst of transformation following record private and public investments
The space market is at a watershed moment as private and public investments continue to surge.
SPAC rule changes add complexity and delays for space companies eying public markets
New accounting rules have thrown a wrench into a SPAC machine that has been catapulting space companies to the public markets.
Lockheed Martin removes Momentus from NASA technology demonstration mission
Six months after including it on the team that won a NASA technology contract, Lockheed Martin has quietly dropped in-space transportation company Momentus from that project.
Can you still spell space without SPAC?
The SPAC boom has reshaped the space startup sector. Until recently, there was plenty of capital flowing into startups but few exits. SPACs offer, in some sense, the best of both options: an influx of capital associated with going public, but without the overhead of a traditional IPO.
SpaceX bid on launch of NASA cubesat mission
A NASA competition to launch a cluster of cubesats attracted a bid from SpaceX, who appeared to offer a vehicle other than its current Falcon 9 or Falcon Heavy.
Momentus founders to divest shares after Defense Department concerns
The Russian founders of in-space transportation company Momentus have placed their shares into a voting trust and will sell them in the next three years as the company attempts to address U.S. government concerns about its foreign ownership.
