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
revenue		365K -	330K 9.59%	299K 9.39%	3.09M 933.11%
cost of revenue		368K -	-135K 136.68%	26K 119.26%	855K 3,188.46%
gross profit		-3K -	465K 15,600%	273K 41.29%	2.23M 718.32%
selling and marketing expenses		8.22M -
general and administrative expenses		3.72M -
selling general and administrative expenses	236.09K -	11.95M 4,959.62%	48.91M 309.42%	49.83M 1.89%	36.05M 27.64%
research and development expenses	9.84M -	22.72M 130.94%	51.32M 125.90%	41.72M 18.71%	34.35M 17.66%
other expenses		-949K -	-4.96M 422.66%	54K 101.09%	-180K 433.33%
cost and expenses	236.09K -	35.03M 14,738.30%	100.09M 185.72%	91.57M 8.51%	71.26M 22.18%
operating expenses	236.09K -	34.66M 14,582.42%	100.23M 189.14%	91.55M 8.66%	70.41M 23.09%
interest expense		470K -	14.23M 2,927.45%	5.26M 63.02%	-2.34M 144.41%
ebitda	-236.08K -	-35.02M 14,732.68%	-103.63M 195.93%	-88.45M 14.65%	-68.17M 22.92%
operating income	-236.08K -	-34.67M 14,584.01%	-99.76M 187.78%	-91.28M 8.51%	-68.17M 25.31%
depreciation and amortization	203.50K -	-351K 272.48%	-3.87M 1,001.42%	2.83M 173.18%	167.90K 94.07%
total other income expenses net	346.01K -	-272.36M 78,815.40%	220.42M 180.93%	-4.17M 101.89%	-748K 82.06%
income before tax	109.93K -	-307.03M 279,402.44%	120.66M 139.30%	-95.44M 179.10%	-68.92M 27.79%
income tax expense	47.57K -	1K 97.90%	2K 100%	4.17M 208,350%	-1.98M 147.59%
net income	62.36K -	-307.03M 492,453.95%	120.65M 139.30%	-99.61M 182.56%	-68.92M 30.81%
weighted average shs out	434.12K -	79.77M 18,275.58%	65.18M 18.30%	81.55M 25.11%	2.98M 96.35%
weighted average shs out dil	434.12K -	79.77M 18,275.58%	70.92M 11.10%	81.55M 14.99%	2.98M 96.35%
eps	0.14 -	-3.85 2,850%	1.85 148.05%	-1.22 165.95%	-23.13 1,795.90%
epsdiluted	0.14 -	-3.85 2,850%	1.70 144.16%	-1.22 171.76%	-23.13 1,795.90%

SPACE:MOMENTUS

Momentus Inc.

Last Close

0.58

20/11 21:00

Market Cap

8.80M

Beta: -

Volume Today

2.26M

Avg: -

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