Momentus Inc., together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.

Momentus Inc.

Momentus Inc. is a U.S. commercial space company offering transportation and other in-space infrastructure services.

Raison Asset Management

Prime Movers Lab

Quiet Capital

ACE & Company

University of Wyoming Foundation

Drake Management

Nazca Ventures

GRIDS Capital

CCIX Global

Vest Coast Capital

JOINT JOURNEY

Flux Capital

Momentus

Momentus Inc. Announces Third Quarter 2023 Financial Results

"In the third quarter, we saw significant traction in the commercial market that continues into the fourth quarter. We recently announced six contracts to provide hosted payload services and orbital transportation missions," said Momentus Chief Executive Officer John Rood. "We have executed four missions and deployed 18 customer satellites into orbit during our Company’s short history. Our technology is performing, we are earning the trust of new customers, and we have repeat customers, which reflects the cost-effective and reliable services we provide."

"We're focused on advancing our technology on the Vigoride Orbital Service Vehicle and our M-1000 bus as we continue to lean into the commercial and defense markets. We're confident in our capabilities, technology, and team, and we continue to push forward as an in-space infrastructure leader and provider of satellite buses."

Momentus Continues Testing of Sustainable Spacecraft Engine and New Type of Solar Array

MET in-space testing  🔥 
✅ Dual thruster firings
✅ ~230 minutes of firing time
✅ ~6.5 km in orbital raises 

Tape Spring Solar Array in-space testing  🛰  
✅ Demoed majority of major performance reqs
✅ Company being issued a patent 

Get all the deets 👇 
https://lnkd.in/gXCkHQxq

📸 : Image from ground testing campaign of MET

Catch today’s SpaceX Transporter-9 launch at spacex.com/launches. Thanks to HelloSpace, SatRev, Contec Co. and Lunasonde for choosing Momentus as your orbital delivery services provider. Happy flying! 🚀🛰️

Thank you, Veterans, for your service and sacrifice - and a special 🚀 
salute to our Momentus Veterans. #VeteransDay2023

"Momentus' flexibility and speed were appealing, united with our scalable hi-tech satellite IoT services to offer. We are thrilled about the potential of this great collaboration." - Hello Space Co-founder and CEO Muzaffer Duysal.

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	62.36K -	-307.03M 492,453.95%	120.65M 139.30%	-95.44M 179.11%	-68.92M 27.79%
depreciation and amortization	203.50K -	590K 189.92%	1.09M 85.08%	2.25M 106.32%	1.98M 11.94%
deferred income tax	-332.49K -	5.16M 1,651.63%	-27.86M 640.09%
stock based compensation	128.99K -	2.77M 2,048.28%	18.45M 565.90%	11.58M 37.24%	8.48M 26.77%
change in working capital	-73.31K -	-1.43M 1,854.79%	-1.49M 3.63%	-8.45M 468.96%	-8.31M 1.63%
accounts receivables	-166.93K -
inventory
accounts payables		-997K -	1.56M 256.67%	373K 76.12%	453K 21.45%
other working capital	93.63K -	-436K 565.69%	-3.05M 598.85%	-8.82M 189.53%	-10.18M 15.40%
other non cash items	-346.01K -	267.41M 77,382.51%	-197.56M 173.88%	2.17M 101.10%	1.47M 32.40%
net cash provided by operating activities	-356.96K -	-32.53M 9,014.21%	-86.71M 166.53%	-87.89M 1.36%	-61.83M 29.65%
investments in property plant and equipment	-1.76M -	-1.60M 8.81%	-3.09M 93.00%	-767K 75.18%	-132K 82.79%
acquisitions net				34K -
purchases of investments	-172.50M -
sales maturities of investments
other investing activites	1.76M -				75K -
net cash used for investing activites	-172.50M -	-1.60M 99.07%	-3.09M 93.00%	-733K 76.28%	-19K 97.41%
debt repayment	-222.72K -	-2.51M 1,025.60%	-1.50M 40.17%	-9.70M 546.47%	-12.98M 33.90%
common stock issued	174.17M -	91K 99.95%	238.17M 261,621.98%	574K 99.76%	19M 3,210.10%
common stock repurchased			-40.15M -	-331K 99.18%	-10.09M 2,947.73%
dividends paid			-56.19M -
other financing activites	27.95M -	47.07M 68.41%	86.50M 83.77%	-60K 100.07%	-2.05M 3,313.33%
net cash used provided by financing activities	173.95M -	44.65M 74.33%	226.83M 407.97%	-9.51M 104.19%	1.92M 120.22%
effect of forex changes on cash	8.15M -	-1K 100.01%
net change in cash	-2.66M -	10.52M 495.26%	137.03M 1,202.79%	-98.13M 171.62%	-59.92M 38.94%
cash at beginning of period	3.75M -	13.00M 246.33%	23.52M 80.90%	160.55M 582.60%	62.41M 61.12%
cash at end of period	1.09M -	23.52M 2,051.51%	160.55M 582.60%	62.41M 61.12%	2.49M 96.01%
operating cash flow	-356.96K -	-32.53M 9,014.21%	-86.71M 166.53%	-87.89M 1.36%	-61.83M 29.65%
capital expenditure	-1.76M -	-1.60M 8.81%	-3.09M 93.00%	-767K 75.18%	-132K 82.79%
free cash flow	-2.11M -	-34.13M 1,515.74%	-89.80M 163.08%	-88.65M 1.28%	-61.96M 30.11%

SPACE:MOMENTUS

Momentus Inc.

Last Close

0.58

22/11 21:00

Market Cap

8.80M

Beta: -

Volume Today

1.43M

Avg: -

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