Momentus Joins DARPA Consortium for Classified Defense Innovation
13 Septiembre 2024 - 7:30AM
Business Wire
Key Enabler to Grow in Large U.S. Government
Classified Market
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, has
been selected by the Defense Advanced Research Projects Agency
(DARPA) Strategic Technology Office to become a member of the
Bringing Classified Innovation to Defense and Government Systems
(BRIDGES) consortium. As part of the consortium, Momentus will be
sponsored for a facility clearance, enabling the company to engage
directly with Department of Defense (DoD) customers at classified
levels. Momentus’ selection is based on their innovative
technologies and capabilities that support the DoD’s Space
Superiority mission.
Entry to this consortium is a key enabler for the Company to
access and grow in the large U.S. Government classified market for
the Department of Defense, military services like the U.S. Space
Force, and intelligence agencies.
Once the facility clearance and appropriate personnel clearances
are obtained, Momentus will be able to conduct work ranging from
Secret up to the Top Secret (TS/SCI/SAP) level. As part of the
BRIDGES consortium, the primary focus will be on innovation at the
classified level. BRIDGES aims to serve as an incubator for
companies with the potential to contribute value to classified DoD
efforts.
Consortium members, including Momentus, will have regular
one-on-one meetings with Defense Department officials to align
their expertise with DoD’s efforts, share progress, and receive
guidance and mentorship. Additionally, Momentus will have access to
Sensitive Compartmented Information Facilities (SCIFs) managed by
the MITRE Corporation, enabling Momentus to conduct classified
work.
“We’re honored by the opportunity to collaborate with DARPA to
work at the classified level to increase our nation’s space
superiority capabilities. We have the ability to significantly
contribute to our nation’s defense and look forward to doing so,”
said Momentus Chief Executive Officer John Rood. “Our technology
portfolio is well-suited to this mission area, including our
Vigoride Orbital Service Vehicle due to its in-space proven
maneuverability, flexible heavy/large payload capacity, top-end bus
power, retractable solar array, and other attributes.”
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 June 6, 2024, 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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version on businesswire.com: https://www.businesswire.com/news/home/20240913577625/en/
Media: press@momentus.space
Investors: investors@momentus.space
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