MNTS - Momentus wins contract from U.S. Defense Department's Space Development Agency
2023-08-14 08:27:30 ET
- Momentus Inc ( NASDAQ: MNTS ) Monday said it has signed a contract with the U.S. Defense Department’s Space Development Agency for a Small Business Innovation Research Award.
- Under this award, Momentus will tailor the capabilities of its Vigoride Orbital Service Vehicle to support a full range of DoD payloads and mission requirements.
- The first contract action is valued at $746,073 with an option to add an additional $1,196,404 for further work.
- In addition to the Vigoride Orbital Service Vehicle, Momentus is now also offering its M-1000 satellite bus, which is based on the space-proven Vigoride.
- MNTS +23.60% premarket to $0.419
- Source: Press Release
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Momentus wins contract from U.S. Defense Department’s Space Development Agency