Companies Plan to Demonstrate Wi-Fi Connectivity in 2026 on SpaceX Rideshare Launch Momentus Inc. (NASDAQ:MNTS) ("Momentus"), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space infrastructure services, and Solstar Space Company ("Solstar"), a U.S. space communications company making on-orbit WiFi communications available, are pleased to announce the signing of a strategic partnership agreement. Momentus and Solstar Space will collaborate to make new ways of operating in space possible by enabling our customers to have on-demand connectivity with their systems in space. This connectivity will allow customers to use commercial satellit

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, today announced the closing of its previously announced "reasonable best efforts" offering with a single institutional investor for the purchase and sale of 1,273,886 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 1,273,886 shares of common stock at a combined offering price of $3.925 per share and accompanying warrant, priced at-the-market under Nasdaq rules (the "Offering"). The Company received aggregate gross proceeds of approximately $5 million, before dedu

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, today announced the pricing of its "reasonable best efforts" offering with a single institutional investor for the purchase and sale of 1,273,886 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 1,273,886 shares of common stock at a combined purchase price of $3.925 (the "Offering"). The warrants will have an exercise price of $3.80 per share, will be immediately exercisable and will expire 5 years from the initial exercise date. The closing of the Offering i

In-Orbit Demonstration to be Launched on SpaceX Transporter Mission in 2026 Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space infrastructure services, today announced it has been awarded a contract expansion by the U.S. Department of Defense organization, the Defense Advanced Research Projects Agency (DARPA) to conduct an in-orbit demonstration of the assembly of large scale structures. The mission will launch on an upcoming SpaceX Transporter rideshare as soon as early 2026. For this upcoming mission, Momentus is under contract to provide full-service support to the DARPA

Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space transportation services, today announced that the U.S. Air Force Research Labs AFWERX organization has selected a proposal from Momentus to perform an in-space demonstration flight of a new, low-cost suite of multispectral sensors for Rendezvous and Proximity Operations (RPO). AFWERX is the innovation arm of the U.S. Air Force under the Air Force Research Laboratory (AFRL). AFWERX has been chartered to bring cutting-edge ingenuity from small businesses to address the most pressing challenges of the Air Force. In 2024, Momentus submitted a proposal under

Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space transportation services, today announced that Paul Ney, Momentus Chief Legal Officer and Corporate Secretary, has resigned from his role effective January 27, 2025. Mr. Ney has accepted a position as the Deputy Counsel to the President for National Security Affairs and National Security Council Legal Advisor at the White House in the Trump Administration. Momentus will announce a successor for Mr. Ney at a later date. Mr. Ney joined Momentus in September 2021 after serving as the General Counsel of the United States Department of Defense. During his tenur

MONROE TOWNSHIP, N.J., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that concurrent with the completion of the Company's 2024 Annual Meeting of Stockholders on January 16, 2025, the OPT Board of Directors has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A. "Digger" DiGuardo and Rear Admiral Victorino "Vic" Mercado as Advisory Board Members. The Advisory Board Members will provide advice and recommendations to the OPT Board with respect to matters as the Board may from time-to-time request concerning operations, s

Momentus Inc. (NASDAQ:MNTS) (the "Company" or "Momentus"), a U.S. commercial space company, announced today that the Nasdaq Hearings Panel issued a letter granting the Company's request to continue its listing on The Nasdaq Capital Market until April 15, 2025, while the Company executes its plan to regain compliance with the requirements of Nasdaq Listing Rule 5550(b). Additionally, the Nasdaq Hearings Panel confirmed that the Company has regained compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) as a result of the reverse stock split the Company effected on December 12, 2024.

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, today announced the closing of its previously announced "reasonable best efforts" offering with a single institutional investor for the purchase and sale of 800,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 800,000 shares of common stock at a combined offering price of $6.20 per share and accompanying warrant, priced at-the-market under Nasdaq rules (the "Offering"). The Company received aggregate gross proceeds of approximately $5 million, before deducting

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, today announced the pricing of its "reasonable best efforts" offering with a single institutional investor for the purchase and sale of 800,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 800,000 shares of common stock at a combined offering price of $6.20 per share and accompanying warrant, priced at-the-market under Nasdaq rules (the "Offering"). The Company expects to receive aggregate gross proceeds of approximately $5 million, before deducting placement

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Evercore ISI initiated coverage of Momentus with a rating of Underperform and set a new price target of $2.00

Deutsche Bank initiated coverage of Momentus with a rating of Buy and set a new price target of $10.00

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Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space transportation services, today announced that the U.S. Air Force Research Labs AFWERX organization has selected a proposal from Momentus to perform an in-space demonstration flight of a new, low-cost suite of multispectral sensors for Rendezvous and Proximity Operations (RPO). AFWERX is the innovation arm of the U.S. Air Force under the Air Force Research Laboratory (AFRL). AFWERX has been chartered to bring cutting-edge ingenuity from small businesses to address the most pressing challenges of the Air Force. In 2024, Momentus submitted a proposal under

Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space transportation services, today announced that Paul Ney, Momentus Chief Legal Officer and Corporate Secretary, has resigned from his role effective January 27, 2025. Mr. Ney has accepted a position as the Deputy Counsel to the President for National Security Affairs and National Security Council Legal Advisor at the White House in the Trump Administration. Momentus will announce a successor for Mr. Ney at a later date. Mr. Ney joined Momentus in September 2021 after serving as the General Counsel of the United States Department of Defense. During his tenur

MONROE TOWNSHIP, N.J., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that concurrent with the completion of the Company's 2024 Annual Meeting of Stockholders on January 16, 2025, the OPT Board of Directors has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A. "Digger" DiGuardo and Rear Admiral Victorino "Vic" Mercado as Advisory Board Members. The Advisory Board Members will provide advice and recommendations to the OPT Board with respect to matters as the Board may from time-to-time request concerning operations, s

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space infrastructure services, today announced it has signed a contract with SpaceX to join an upcoming Transporter rideshare mission launching as soon as early 2026. Momentus plans to use this port for the launch of its flight-proven Vigoride Orbital Service Vehicle (OSV) to transport a mix of payloads from the U.S. Department of Defense (DoD) and commercial customers to Low-Earth Orbit (LEO). For this mission, Momentus has additional capacity to support customers planning LEO deployment and hosted payload missions in early 2026

Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong" or "HASI") (NYSE:HASI), a leading investor in climate solutions, today announced the appointment of Kimberly A. Reed and Jeffrey A. Lipson to its Board of Directors, effective March 1, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230301005447/en/Kimberly A. Reed (Photo: Business Wire) In connection with these elections, the Board of Directors will consist of 11 members, 9 of whom are independent members. The Board appointed Ms. Reed to serve as a member of the Audit Committee and the Finance and Risk Committee. "We are delighted to add Kimberly

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, today announced that Jikun Kim, Momentus Chief Financial Officer, will resign from his role effective January 6, 2023. Momentus will announce a successor for Kim at a later date. Kim joined Momentus in September 2020 as Chief Financial Officer. In this role, he led the Company's accounting and financial planning and analysis group. He oversaw the Company's Special Purpose Acquisition Company transaction that closed in August 2021 and the process of listing Momentus on the NASDAQ exchange. "Jikun provided leadership at Momentus du

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, today announced that Dawn Harms, Chief Revenue Officer, will retire effective Dec. 31, 2022. "We express our heartfelt thanks to Dawn for her leadership, resilience, and dedication to our company and our customers," said Momentus Chief Executive Officer John Rood. "Dawn's contributions were integral to the transformation of our Company, particularly as we started trading on the NASDAQ last August, and as we flew our first demonstration mission in May 2022. On behalf of the entire team, we wish Dawn the best in her well-earned reti

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, will issue a press release containing financial results for the third quarter 2023 following the close of the U.S. markets on Tuesday, November 14, 2023. Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 7376493. International participants should dial +1 (646) 307-1963. The live audio webcast along with supplemental information will

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, will issue a press release containing financial results for the second quarter 2023 following the close of the U.S. markets on Monday, August 14, 2023. Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 3108190. International participants should dial +1 (646) 307-1963. The live audio webcast along with supplemental information will be accessible on t

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, will issue a press release containing financial results for the first quarter 2023 following the close of the U.S. markets on Thursday, May 11, 2023. Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 9685779. International participants should dial +1 (646) 307-1963. The live audio webcast along with supplemental information will be accessible on the

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, will issue a press release containing financial results for the fourth quarter 2022 and full year 2022 following the close of the U.S. markets on Tuesday, March 7, 2023. Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 2057180. International participants should dial +1 (646) 307-1963. The live audio webcast along with supplemental information will be a

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, will issue a press release containing financial results for the third quarter 2022 following the close of the U.S. markets on Tuesday, November 8, 2022. Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 3659704. International participants should dial +1 (646) 307-1963. The live audio webcast along with supplemental information will be accessible on the

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that it will report its financial results for the second quarter 2022 before the opening of the U.S. markets on Thursday, August 11, 2022. Momentus will host a conference call to discuss the results that day at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 3677381. International participants should dial +1 (646) 307-1963. The live audio webcast along with supplemental information will be accessi

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that it will report its financial results for the first quarter 2022 following the close of the U.S. markets on Tuesday, May 10, 2022. Momentus will host a conference call to discuss the results that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). To access the conference call, participants should dial +1 (800) 348-8613 and enter the conference ID number 281764. International participants should dial +1 (973) 528-0141. The live audio webcast along with supplemental information will be accessible on

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that it will report its financial results for the fourth quarter 2021 following the close of the U.S. markets on Tuesday, March 8, 2022. Momentus will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). To access the conference call, parties should dial +1 (844) 646-2696 and enter the conference ID number 9898339 (international participants should dial +1 (918) 922-6901). The live audio webcast along with supplemental information will be accessible on

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced its common stock will be added to the MSCI Global Small Cap Indexes after market close on November 30, 2021. MSCI Global Small Cap Indexes capture small cap representation across more than 20 Developed Markets countries. With 4,419 constituents, the indexes cover approximately 14% of the free float-adjusted market capitalization in each country. "The MSCI Small Cap Index is a benchmark for investor institutions, and we're pleased to be included," said Momentus Chief Executive Officer John Rood. "Momentus h

Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced its financial results for the third quarter ended September 30, 2021. "During the third quarter, we took major steps toward our goal of providing the transportation and infrastructure services that will enable people, companies and industries to use space in exciting new ways," said Momentus Chief Executive John Rood. "We completed our Business Combination with Stable Road, resulting in the public listing of the Company's stock and a meaningful improvement in its liquidity position, added key staff to our e