24/7 Market News Snapshot 09 October, 2025 – Momentus Inc. Class A Common Stock (NASDAQ:MNTS)
DENVER, Colo., 09 October, 2025 (www.247marketnews.com) – (NASDAQ:MNTS) are discussed in this article.
Momentus Inc. (NASDAQ:MNTS) is currently experiencing a notable bullish trend in pre-market trading, with its stock price surging to $2.012, reflecting an impressive 18.35% increase from the previous session’s close of $1.700. This significant price movement indicates a positive market sentiment, likely influenced by recent developments within the company. Trading volume has reached 13.39 million shares, suggesting heightened investor interest and activity. Technical indicators, including a rising Relative Strength Index (RSI), point to sustained upward momentum. Investors are advised to keep an eye on support levels around $1.80 and resistance near $2.10 to gauge future price action.
Further bolstering its position in the commercial space sector, Momentus has secured a substantial contract worth $2.5 million from NASA’s Armstrong Flight Research Center. Announced on September 29, 2025, this collaboration aims to demonstrate the innovative Rotating Detonation Rocket Engine (RDRE) in an orbital environment, marking a significant advancement in space propulsion technologies.
John Rood, CEO of Momentus, expressed pride in being selected for this pivotal mission, which aligns with their commitment to advancing transformative technologies in partnership with esteemed organizations like DARPA and SpaceWERX. The RDRE demonstration is part of NASA’s Space Technology Payload Challenge, designed to expedite the testing and development of cutting-edge space technologies.
This demonstration will utilize Momentus’s Vigoride satellite platform to test Juno Propulsion’s RDRE thruster technology in space. Notably, the RDRE represents a groundbreaking step toward eco-friendly propulsion, using non-toxic, storable propellants such as nitrous oxide and ethane. The RDRE thruster, employing detonation waves for improved combustion efficiency, promises enhanced specific impulse compared to conventional engines, showcasing Momentus’s ongoing role in pioneering developments in space exploration technology.