24/7 Market News Snapshot 30 June, 2025 – Momentus Inc. Class A Common Stock (NASDAQ:MNTS)
DENVER, Colo., 30 June, 2025 (www.247marketnews.com) – (NASDAQ:MNTS) are discussed in this article.
Momentus Inc. has recently captured investor attention with a remarkable surge in the pre-market trading session, as shares of its Class A Common Stock (MNTS) soared to $1.970, reflecting a substantial increase of 39.72% from the previous close of $1.410. This impressive performance is accompanied by a robust trading volume of approximately 13.88 million shares, indicating heightened market interest and investor confidence in the company’s strategic direction. Analysts are closely monitoring this upward momentum as the stock surpasses critical resistance levels, which may open up further opportunities for growth and trading advantages.
Adding to this positive corporate narrative, Momentus has announced a significant contract awarded by NASA to demonstrate cutting-edge Power Processing Unit (PPU) technology for Hall Thrusters, in collaboration with CisLunar Industries. This innovative initiative aims to enhance capabilities for high Delta V Dynamic Maneuvering and in-space assembly (ISAM) operations, underscoring Momentus’s commitment to advancing space infrastructure. The PPU technologies are designed to exceed 1 kW, catering to various applications including sensing, maneuvering, and ISAM tasks.
Scheduled for no earlier than February 2026, the collaboration under NASA’s Flight Opportunities program will see Momentus hosting CisLunar Industries’ payload on its Vigoride 7 Orbital Service Vehicle for in-orbit testing. This mission is set to enable real-time data collection that will enhance operational conditions and actively support NASA’s goals for ISAM.
This strategic alignment not only affirms Momentus’s role as a front-runner in the space industry but also highlights the crucial demand for innovative power solutions in the evolving landscape of space operations, reinforcing its mission to support both governmental and commercial endeavors in space exploration.
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