Momentus Signs Contract with CalgaryToSpace for 2025 Orbital Delivery Services
06 Diciembre 2023 - 7:03AM
Business Wire
Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a
U.S. commercial space company that offers satellite buses,
transportation, and other in-space infrastructure services, signed
a contract with CalgaryToSpace (CTS) for transportation and orbital
delivery services in 2025.
CTS is the only student team in Calgary (Alberta, Canada) with
the goal of building and operating a satellite in orbit. Momentus
is contracted to fly CTS-SAT-1 – a scientific platform for two
sophisticated payloads developed at the University of Calgary. The
first is a Miniaturized Plasma Imager that will be used to study
auroral arcs near the Earth’s poles, developed by Dr. Johnathan
Burchill. The second is a flexible carbon fiber boom manufactured
using a patent-pending 3D printing technique, developed by PhD
candidate Nick Elderfield.
“The CalgaryToSpace team is very excited to be working with
Momentus to launch our city’s first student-developed satellite,”
said CalgaryToSpace President Kaleigh Beer. “It’s amazing to see
the strides being made in the aerospace industry, with companies
like Momentus helping to make space missions feasible for student
teams. We thank Momentus for providing this opportunity to realize
our mission, and RIDE! space for their invaluable guidance through
the launch services procurement process.”
“We leveraged our partnership with RIDE! space to serve as the
transportation provider for CTS’ mission and we’re pleased to be
entrusted to support their first trip to orbit,” said Momentus
Chief Commercial Officer Chris Kinman.
The CTS contract marks Momentus’ seventh commercial contract
announced since August. The other recent contracts include services
for AVS, FOSSA, Aarhus, C3S, SatRev, and RIDE! space.
Momentus is currently booking rideshare and hosted payload
customers on the SpaceX Transporter-11 mission targeted for no
earlier than June 2024 and the SpaceX Transporter-12 mission
targeted for no earlier than October 2024. Momentus provides its
transportation and in-space services on either a deployer mounted
directly to a Rideshare modular plate or a Vigoride Orbital Service
Vehicle, depending on customer mission requirements. Momentus also
offers its M-1000 satellite bus for customized and dedicated
flights. Email sales@momentus.space to start the reservation
process.
About Momentus
Momentus is a U.S. commercial space company that offers
satellite buses and in-space infrastructure services including
transportation, hosted payloads, and other in-orbit services.
Forward-Looking Statements
This press release contains certain statements which may
constitute “forward-looking statements” for purposes of the federal
securities laws. Forward-looking statements include, but are not
limited to, statements regarding Momentus or its management team’s
expectations, hopes, beliefs, intentions or strategies regarding
the future, projections, forecasts or other characterizations of
future events or circumstances, including any underlying
assumptions, and are not guarantees of future performance. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of Momentus’
control. Many factors could cause actual future events to differ
materially from the forward-looking statements in this press
release, including but not limited to risks and uncertainties
included under the heading “Risk Factors” in the Annual Report on
Form 10-K filed by the Company on March 8, 2023, as such factors
may be updated from time to time in our other filings with the
Securities and Exchange Commission (the “SEC”), accessible on the
SEC’s website at www.sec.gov and the Investor Relations section of
our website at investors.momentus.space. Forward-looking statements
speak only as of the date they are made. Readers are cautioned not
to put undue reliance on forward-looking statements, and, except as
required by law, the Company assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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