SAN JOSE, Calif., May 06, 2022–(BUSINESS WIRE)–Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. industrial house firm that plans to supply transportation and different in-space infrastructure companies, in the present day introduced that its Vigoride orbital switch automobile has arrived at Cape Canaveral, Florida, for its inaugural launch.
This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/news/home/20220505006269/en/
Illustration depicting the Vigoride orbital switch automobile in house. (Graphic: Business Wire)
The Vigoride spacecraft and buyer payloads will now be built-in with SpaceX’s Falcon 9 launch automobile forward of the Transporter-5 mission focused for launch in May. The major objectives of Vigoride’s inaugural mission are to check the spacecraft in house, study from any points encountered, and incorporate classes discovered into future automobiles. Momentus may even take buyer payloads to orbit and generate a small quantity of income.
“The arrival of Vigoride at Cape Canaveral, the storied starting point for so many space missions, marks the completion of an extensive ground test and assembly campaign to prepare the vehicle for its first flight,” stated Momentus Chief Executive Officer John Rood. “Our team will be conducting close-out work on the vehicle before our hardware is integrated with the launch vehicle. It’s been quite a journey for our team, and we are looking forward to seeing Vigoride in orbit soon.”
Momentus welcomes FOSSA Systems and Orbit NTNU amongst its prospects who might be flown on Vigoride’s first flight. In addition to Vigoride, Momentus plans to make use of a third-party deployer from a trusted accomplice group to combination rideshare demand from prospects. Momentus buyer Bronco Space, at the California State Polytechnic University at Pomona, might be on this third-party deployer, together with 4 different satellite tv for pc payloads.
“Access to Low-Earth Orbit is a critical enabler for a thriving and diverse space economy,” stated Rood. “We are honored to support our customers as they undertake this critical part of their journeys and contribute to expanding and advancing the utilization of space.”
About Momentus
Momentus is a U.S. industrial house firm that plans to supply in-space infrastructure companies, together with in-space transportation, hosted payloads and in-orbit companies. Momentus believes it might probably make new methods of working in house attainable with its deliberate in-space switch and repair automobiles that might be powered by an modern water plasma-based propulsion system that’s beneath improvement. The Company anticipates flying its first Vigoride automobile to Low Earth Orbit on a third-party launch supplier as early as May 2022.
Forward-Looking Statements
This press launch accommodates sure statements which can represent “forward-looking statements” for functions of the federal securities legal guidelines. Forward-looking statements embrace, however usually are not restricted to, statements relating to Momentus or its administration group’s expectations, hopes, beliefs, intentions or methods relating to the long run, projections, forecasts or different characterizations of future occasions or circumstances, together with any underlying assumptions, and usually are not ensures of future efficiency. Because forward-looking statements relate to the long run, they’re topic to inherent uncertainties, dangers and modifications in circumstances which can be troublesome to foretell and lots of of that are exterior of Momentus’ management. Many components might trigger precise future occasions to vary materially from the forward-looking statements on this press launch, together with however not restricted to dangers and uncertainties included beneath the heading “Risk Factors” within the Annual Report on Form 10-Ok filed by the Company on March 9, 2022, as such components could also be up to date once in a while in our different filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s web site at www.sec.gov and the Investor Relations part of our web site at traders.momentus.house. Forward-looking statements converse solely as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and, besides as required by regulation, the Company assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not because of new data, future occasions, or in any other case.
View supply model on businesswire.com: https://www.businesswire.com/news/home/20220505006269/en/
Contacts
Investors
Darryl Genovesi at traders@momentus.house
Media
Jessica Pieczonka at press@momentus.house