About Momentus Space
Momentus Space offers infrastructure services for the space economy, focusing on in-space transportation. The company moves satellites and payloads to their desired orbits after launch, which is essential for operational efficiency. Momentus provides three main services: transporting payloads, leasing satellite capabilities, and maintaining satellites in orbit. Its goal is to support the growing space sector by delivering reliable and efficient services to satellite operators and space agencies.
Santa Clara, CaliforniaHeadquarters
2017Year Founded
$35.6MTotal Funding
IPOCompany Stage
AerospaceIndustries
51-200Employees
Risks
Frequent stock offerings suggest potential financial instability for Momentus.
Leadership changes, like the interim CFO appointment, may affect financial strategies.
Technological risks exist with integrating new technologies like robotic arms on vehicles.
Differentiation
Momentus uses a water plasma-based propulsion system for in-space transportation.
The company offers Satellite as a Service, leasing satellite capabilities to clients.
Momentus provides in-orbit servicing, including refueling and satellite maintenance.
Upsides
Growing demand for satellite servicing creates new market opportunities for Momentus.
Increasing small satellite launches align with Momentus' in-space transportation services.
U.S. government investment in space infrastructure could lead to more contracts for Momentus.
Funding
Total raised$35.55 M
Latest valuation$556.00 M
StageIPO
POST IPO EQUITY
11/30/2024$5
PRIVATE PLACEMENT VC
8/31/2024$3
POST IPO CONVERTIBLE
6/30/2024$3
SPAC IPO
6/30/2020$150
$556.00 MSERIES A
6/30/2019$26
$127.50 MSEED
10/31/2018$8
$41.50 MSUPPORT PROGRAM
6/30/2018- Y CombinatorTop
N/A