Momentus Awarded NASA Contract to Provide Flight and Payload Integration Services
05 Marzo 2024 - 6:51AM
Business Wire
Momentus Inc. (NASDAQ: MNTS)(“Momentus” or the “Company”), a
leading provider of in-space transportation services, is pleased to
announce that it has been awarded a NASA
indefinite-delivery/indefinite-quantity (ID/IQ) base contract award
with a performance period of five years to provide flight and
payload integration services to advance technologies and procedures
for operating in space.
Under the ID/IQ contract awarded by NASA, Momentus is among 15
companies selected that are eligible to receive task or delivery
orders to provide in-space transportation services, including
propulsion systems and orbital transfer capabilities, to facilitate
the deployment of satellites, payloads, and scientific
instruments.
“We are honored to be selected by NASA for this important
opportunity to support the United States’ efforts in space,” said
John Rood, CEO of Momentus.
The contracts will be managed by NASA’s Flight Opportunities
program, in collaboration with the Small Spacecraft Technology
program, both part of the agency’s Space Technology Mission
Directorate.
Momentus’ Vigoride vehicle offers flexible and reliable
transportation solutions for a wide range of mission profiles at
various orbits. The company’s technology includes water plasma
thrusters, which are safer and more environmentally friendly than
traditional chemical propulsion systems and flexible solar arrays
to allow deployment and retraction of critical power generation
capabilities.
“We look forward to collaborating closely with NASA and
contributing to the success of their ambitious space programs,”
added Rob Schwarz, Momentus’ Chief Technology Officer.
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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Momentus Contacts Media: press@momentus.space
Investors: investors@momentus.space
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