Momentus Enters Convertible Note And Loan Agreements To Support Operations And Pursuit Of Funding Opportunities

7/18/24 5:33:10 PM ET

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Momentus also announced that it recently held its Annual Meeting of the Stockholders where four Independent Directors were elected to continue to serve on its Board.

On July 12, 2024, Momentus and Space Infrastructure Ventures, LLC, a firm that invests in disruptive high-tech/space-tech ventures, entered into a convertible note under which Momentus may borrow up to $2.3 million prior to September 1, 2024.

On July 5, 2024, Momentus received notice from the Nasdaq Stock Market LLC stating that following the Annual Meeting, the Company is in now compliance with the requirement to hold an annual meeting under Nasdaq Listing Rule 5620(a).

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
7/5/2022	$2.00	Underperform	Evercore ISI
1/10/2022	$10.00	Buy	Deutsche Bank

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Momentus Receives HALO Prototype Order Contract from SDA
Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers satellite buses and technologies, transportation, and other in‑space infrastructure services, today announced that it has been awarded a contract from the U.S. Defense Department's Space Development Agency (SDA) for the Hybrid Acquisition for Proliferated LEO (HALO) program. SDA has been tasked with deploying a constellation of several hundred satellites in low-Earth orbit (LEO). The SDA HALO program is designed to solicit and award rapid, cost-effective prototyping and spaceflight demonstrations to demonstrate new technology to be added to the constellation in future tranches. "SDA is p
11/12/24 8:00:00 AM ET
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Military/Government/Technical
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Momentus Selected by NASA to Provide Launch Services
Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a provider of satellite buses and in-space infrastructure services including in-space transportation, hosted payloads, and other in-orbit services, was selected by NASA to provide launch services for future agency missions through its VADR (Venture-Class Acquisition of Dedicated and Rideshare) contract. Under this NASA contract, Momentus will have the opportunity to play a crucial role in broadening access to space by delivering satellites like Class D, CubeSats, and higher risk-tolerant payloads to a variety of orbits. "We're delighted to be part of the VADR program and to have been selected by NASA to be among its suppliers for
10/9/24 8:30:00 AM ET
$MNTS
Military/Government/Technical
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Momentus Receives Nasdaq Notice of a Delisting Determination
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 that it received notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Capital Market LLC ("Nasdaq") indicating the Company's continued non-compliance with the minimum bid price requirement, pursuant to Listing Rule 5550(a)(2). As previously reported, on March 27, 2024, the Company received a letter (the "Bid Price Deficiency Notice") from Nasdaq notifying the Company that, because the closing bid price for its common stock has been below $1.00 per share for 30 consecutive
9/26/24 5:00:00 PM ET
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Military/Government/Technical
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Momentus Announces Date of Third Quarter 2023 Financial Results and Conference Call
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
10/30/23 6:00:00 AM ET
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Military/Government/Technical
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Momentus Announces Date of Second Quarter 2023 Financial Results and Conference Call
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
7/31/23 4:35:00 PM ET
$MNTS
Military/Government/Technical
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Momentus Announces Date of First Quarter 2023 Financial Results and Conference Call
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
5/3/23 4:58:00 PM ET
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Hannon Armstrong Appoints Former EXIM Chairman Kimberly A. Reed and CEO Jeffrey A. Lipson to Board of Directors
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
3/1/23 8:30:00 AM ET
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Momentus Inc. Announces Resignation of Jikun Kim
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
12/2/22 5:03:00 PM ET
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Military/Government/Technical
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Momentus Inc. Announces Retirement of Dawn Harms
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
11/10/22 4:15:00 PM ET
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Momentus Enters Convertible Note And Loan Agreements To Support Operations And Pursuit Of Funding Opportunities

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