MNTS

Strategic Partnership Announcement: Velo3D has entered a five-year, $15 million master services agreement with Momentus to provide consulting and parts production through its new Rapid Production Solutions offering, aimed at enhancing operational efficiency in aerospace and defense sectors.

Innovative Manufacturing Solutions: Velo3D's Rapid Production Solutions focus on accelerating production capabilities, ensuring high-quality parts, and offering flexible production pathways tailored to customer needs, thereby enabling innovation across various industries.

Strategic Partnership Announcement: Momentus Inc. and Solstar Space Company have formed a strategic partnership to provide on-demand Wi-Fi connectivity for spacecraft, enabling continuous communication with systems in orbit rather than relying on traditional ground services.

Upcoming Demonstration Mission: The first demonstration of Solstar's Deke Space Communicator will occur in Low-Earth Orbit during a SpaceX Transporter mission planned for early 2026, aiming to enhance communication capabilities for commercial and government space operations.

Momentus Inc. Offering Details: Momentus Inc. closed a "reasonable best efforts" offering with a single institutional investor, selling 1,273,886 shares of common stock and warrants for approximately $5 million, intended for general corporate purposes.

Forward-Looking Statements Warning: The press release includes forward-looking statements that are subject to uncertainties and risks, advising readers not to rely solely on these projections as they may change based on future events.

Momentus Inc's Contract with DARPA: Momentus Inc has secured an expanded contract from DARPA for an in-orbit demonstration of assembling large-scale structures, with a planned launch on SpaceX’s Transporter mission as early as 2026. This initiative aims to enable cost-effective assembly and manufacturing of materials in space.

Stock Surge and Financial Moves: Following the announcement, Momentus shares surged by over 40%. The company also priced an offering for institutional investors, raising approximately $5 million to support general corporate purposes.

Momentus Inc. Offering Details: Momentus Inc. has announced a "reasonable best efforts" offering of 1,273,886 shares and warrants to purchase the same number of shares at a combined price of $3.925, expecting to raise approximately $5 million for general corporate purposes, with closing anticipated around February 11, 2025.

Warrant Amendments: The company will amend existing warrants to reduce their exercise price to $3.80 per share, pending stockholder approval, with specific conditions regarding expiration and adjustments based on stockholder actions.

Momentus Inc. Contract Expansion: Momentus Inc. shares rose 30% after securing a $3.5 million contract with DARPA for in-orbit assembly of large structures, marking a significant step in their NOM4D program and showcasing the company's technological advancements.

Future Prospects and Industry Position: The upcoming mission, set to launch in early 2026, aims to validate in-space assembly capabilities, enhancing Momentus' reputation and potentially attracting more government and commercial clients in the growing space infrastructure market.

Momentus Offering Details: Momentus (MNTS) has priced an offering for 1,273,886 shares of common stock and warrants at a combined price of $3.925, expecting to raise approximately $5M before expenses, with the closing anticipated around February 11, 2025.

Use of Proceeds: The net proceeds from the offering will be used for general corporate purposes, with A.G.P./Alliance Global Partners serving as the sole placement agent.

Momentus Inc. Contract Expansion: Momentus has been awarded a $3.5 million contract expansion by DARPA for an in-orbit demonstration of large-scale structure assembly, set to launch on a SpaceX Transporter mission in early 2026.

Future of In-Space Manufacturing: The mission aims to validate technologies for assembling structures like solar arrays and antennas in space, potentially revolutionizing space operations by enabling the construction of larger structures that cannot fit within traditional launch vehicles.

Momentus Contract Expansion: Momentus has received a $3.5 million contract expansion from DARPA to conduct an in-orbit demonstration for assembling large-scale structures, set to launch on a SpaceX Transporter in early 2026.

Market Reaction: Following the announcement of the contract, Momentus shares saw a premarket increase of over 23%.

Momentus Inc Proposal Accepted: Momentus Inc's proposal for an in-space demonstration flight of low-cost multispectral sensors was accepted by the U.S. Air Force Research Labs, marking a significant achievement for the company under the AFWERX Challenge.

Future Plans and Stock Performance: The company aims to conduct the demonstration in early 2026 as part of a mission with SpaceX, while its shares saw a slight increase of 2.15% following the announcement.

Momentus Inc. Selected for Air Force Project: Momentus Inc. has been chosen by the U.S. Air Force Research Labs AFWERX to conduct an in-space demonstration of a low-cost suite of multispectral sensors for Rendezvous and Proximity Operations (RPO), with plans for a flight demonstration in early 2026.

Technological Advancements for National Security: The project aims to develop innovative RPO systems using various sensors, enhancing operational safety and reducing costs for future space operations, including satellite servicing and debris removal, while supporting national security initiatives.

Paul Ney's Resignation: Momentus Inc. announced the resignation of Chief Legal Officer Paul Ney, effective January 27, 2025, as he takes a position in the Trump Administration as Deputy Counsel to the President for National Security Affairs.

Ney's Contributions: During his tenure at Momentus, Ney played a crucial role in navigating complex legal issues and was instrumental in establishing the company as publicly traded, while also having extensive experience from previous roles in the Department of Defense and other government positions.

Surge in Space Stocks: Following President Trump's inauguration, space stocks experienced significant gains, with companies like Redwire Corp and Mynaric seeing increases of over 48%, driven by optimism for private sector opportunities in space exploration.

Trump's Vision for Space: In his speech, Trump emphasized the U.S. commitment to space exploration, including plans for Mars colonization, which resonated positively with investors and analysts, particularly after his nomination of Jared Isaacman as a potential NASA administrator.

Space Stocks Surge: Space stocks experienced a significant increase during trading on Tuesday, following President Trump's remarks about American space exploration in his inauguration speech.

Elon Musk's Reaction: SpaceX CEO Elon Musk expressed enthusiasm for Trump's vision of sending astronauts to Mars, visibly celebrating with gestures of approval.

Advisory Board Appointments: Ocean Power Technologies has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A. DiGuardo, and Rear Admiral Victorino Mercado as Advisory Board Members to provide strategic advice and recommendations to the Board of Directors.

Inducement Award Grant: The company granted an inducement award of 75,000 restricted shares to Tracy Pagliara, its new Senior Vice President, General Counsel & Corporate Secretary, as part of her employment agreement.

Momentus Inc. Listing Update: Momentus Inc. has received approval from the Nasdaq Hearings Panel to continue its listing on The Nasdaq Capital Market until April 15, 2025, while working on compliance with Nasdaq Listing Rule 5550(b).

Compliance Achievement: The company has regained compliance with the minimum bid price requirement of $1.00 per share due to a reverse stock split executed on December 12, 2024, and expresses optimism about future growth and capital raising efforts.

Momentus Inc. Offering Details: Momentus Inc. has completed a "reasonable best efforts" offering with an institutional investor, selling 800,000 shares and warrants for approximately $5 million at a price of $6.20 per share, intended for general corporate purposes including debt repayment.

Forward-Looking Statements Warning: The press release includes forward-looking statements regarding the offering's closure and use of proceeds, highlighting inherent uncertainties and risks that could affect future performance.

Momentus Inc. Public Offering: Momentus Inc. raised approximately $5 million through a public offering of shares and warrants, aimed at general corporate purposes and debt repayment, while minimizing stock dilution through lock-up agreements.

Company Overview and Performance: Momentus is a U.S. commercial space company focused on satellite buses and in-space infrastructure services, currently facing a year-to-date price performance decline of 67.63% and holding a market cap of $17.66 million.

Momentus Inc. Offering: Momentus Inc. has announced a public offering of 800,000 shares of common stock and warrants at a price of $6.20 per share, aiming to raise approximately $5 million for general corporate purposes, including debt repayment.

Closing and Forward-Looking Statements: The offering is expected to close around December 18, 2024, pending customary conditions, and the company cautions that forward-looking statements regarding future events are subject to risks and uncertainties.

Momentus Inc Announcement: Momentus Inc shares rose after announcing a contract with SpaceX to participate in a Transporter rideshare mission set for early 2026, where it will launch its Vigoride Orbital Service Vehicle to transport various payloads, including those from the U.S. Department of Defense.

Market Reaction: The company's stock increased by 8.30% amid growing investor optimism regarding a favorable regulatory environment for space launches, influenced by the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk.