Momentus and Portal Space Systems join forces to propel next-generation flight computing demonstration on SpaceX Transporter Mission in Early 2026 Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, has signed a contract with Portal Space Systems to provide hosted payload services for the company's first on-orbit demonstration of its advanced flight computer technology. Momentus is committed to supporting the development and testing of next-generation space technology. Portal Space Systems emerged from stealth in April 2024, after its founding in 2021 by

Aims to enable faster production of satellite and space system components, and make possible new revenue streams for innovative Silicon Valley space company Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers satellites, satellite components, transportation, and other in-space infrastructure services, today announced it has entered into a five-year master services agreement (the "Master Services Agreement") with Velo3D, Inc. (OTC:VLDX) ("VLD"), a leading provider of additive manufacturing solutions also referred to as 3D printing. According to the terms of the all-stock transaction as reported in an 8-K filed by the Company today, Momentu

Strategic Partnership to Leverage Velo3D's New Rapid Production Solutions Offering FREMONT, Calif., April 14, 2025 /PRNewswire/ -- Velo3D, Inc.  (OTC:VLDX) – a leader in additive manufacturing (AM) technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced a five-year, $15 million master services agreement (MSA) with Momentus, Inc. (NASDAQ:MNTS). "We are constantly seeking opportunities to drive growth and deliver value, and this deal with Momentus marks a great step in that direction", said Arun Jeldi , CEO of Velo3D. "

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