Momentus Chief Executive Officer John Rood Recognized as Connectivity Business Executive to Watch
28 9월 2023 - 8:39PM
Business Wire
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 Chief Executive Officer John Rood is featured as one
of this year’s “Executives to Watch” by Connectivity Business.
Connectivity Business News reports that they have carefully
curated this year’s “Executives to Watch” list by evaluating
candidates they consider market disruptors against rigorous
criteria, encompassing their ability to triumph over substantial
setbacks, successfully fulfill pivotal contracts, and employ
innovative market strategies.
Rood provided the following quote to Connectivity Business: “At
Momentus, we had a vision to quickly mature from a Silicon Valley
startup to a high-performing space company enabling our customers
to do new things in space in much more affordable ways. It’s been
gratifying to see the Momentus team rally to overcome challenges
and achieve our objectives, launching our first three Orbital
Service Vehicles and deploying 15 customer satellites in a year
along with bringing to market a new commercial satellite bus and
developing leading-edge technology like our thruster that uses
water as a propellant and low-cost solar array that rolls out like
a tape measure. I’m so proud of this team and eager to see it scale
new heights together in the year ahead.”
Recent Momentus business and technology accomplishments
include:
- Flying three Vigoride spacecraft in less than one year and
deploying 15 customer satellites.
- Providing ongoing hosted payload support to the Caltech Space
Solar Power Demonstrator. Caltech reports that its payload recently
demonstrated its ability to wirelessly transmit power in space and
to beam detectable power to Earth.
- Demonstrating the Company’s sustainable and pioneering
Microwave Electrothermal Thruster (MET) in-space propulsion system
that uses water as a propellant, and successfully completing an
orbital raise of its spacecraft using the MET.
- Launching an on-orbit demonstration of a new kind of solar
array that unrolls like a tape measure and has the goal of lowering
vehicle production costs.
- Introducing the M-1000 satellite bus that leverages proven
technology and modularity to provide a cost-competitive option that
can be customized to serve dedicated missions for government and
commercial customers.
- Receiving a Space Development Agency Small Business Innovation
Research Award to tailor the capabilities of the Vigoride vehicle
for DoD payloads and mission requirements.
- Securing launch options to Low-Earth Orbit through 2024.
- Signing recent deals with FOSSA, Aarhus University, and two
yet-to-be-announced customers.
- Closing a $5.0 Million Registered Direct Offering.
Momentus next plans to fly customers on the SpaceX Transporter-9
mission no earlier than November 2023. The Company’s first mission
of 2024 is targeted to launch on the SpaceX Transporter-10 mission
slated for no earlier than February.
About Momentus
Momentus is a U.S. commercial space company that offers
commercial satellite buses and in-space infrastructure services
including in-space transportation, hosted payloads, and other
in-orbit services.
About Connectivity Business News
Connectivity Business News is the world’s leading publication on
investment in the connectivity sector. Dedicated to guiding the
connectivity investment community so that executives are better
able to shape strategies and find success. That’s why, Connectivity
Business News provides valuable data, in addition to market
reports, which offer deep dives into critical industry matters, and
an annual must-attend conference, the Connectivity Next Summit on
November 13-14 in Atlanta.
Forward-Looking Statements
This press release contains certain statements which may
constitute “forward-looking statements” for purposes of the federal
securities laws. Forward-looking statements include, but are not
limited to, statements regarding Momentus or its management team’s
expectations, hopes, beliefs, intentions or strategies regarding
the future, projections, forecasts or other characterizations of
future events or circumstances, including any underlying
assumptions, and are not guarantees of future performance. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of Momentus’
control. Many factors could cause actual future events to differ
materially from the forward-looking statements in this press
release, including but not limited to risks and uncertainties
included under the heading “Risk Factors” in the Annual Report on
Form 10-K filed by the Company on March 8, 2023, as such factors
may be updated from time to time in our other filings with the
Securities and Exchange Commission (the "SEC"), accessible on the
SEC’s website at www.sec.gov and the Investor Relations section of
our website at investors.momentus.space. Forward-looking statements
speak only as of the date they are made. Readers are cautioned not
to put undue reliance on forward-looking statements, and, except as
required by law, the Company assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230927998503/en/
Investors: investors@momentus.space
Media: press@momentus.space
Momentus (NASDAQ:MNTS)
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