MNTS - Space Company Receives DARPA Contract: What's Going On With Momentus Stock? | Benzinga
Momentus Inc. (NASDAQ:MNTS) shares are trading higher Thursday after the company announced it has secured a contract from the Defense Advanced Research Projects Agency (DARPA).
The Details:
Momentus said the DARPA contract is aimed to support the design and in-space demonstration of technologies that will enable the construction of large-scale structures in space. The program, known as DARPA Novel Orbital and Moon Manufacturing, Materials, and Mass-efficient Design (NOM4D0, focuses on developing the foundations for building robust and precise structures in space.
“We’re delighted by the opportunity to partner with DARPA to work at the forefront of the future in-space ...