24/7 Market News Snapshot 10 February, 2025 – Momentus Inc. Class A Common Stock (NASDAQ:MNTS)

February 10, 2025

DENVER, Colo., 10 February, 2025 (247marketnews.com) – (NASDAQ:MNTS) are discussed in this article.
Momentus Inc. has recently captured significant attention within the financial markets, experiencing a remarkable 24.76% increase in pre-market trading, with shares reaching $4.741 after closing at $3.800. This surge, marked by a trading volume of 2.84 million shares, indicates heightened investor enthusiasm and potential for continued upward movement, suggesting robust confidence in the company’s innovative space infrastructure technologies.

In tandem with this bullish momentum, Momentus is also expanding its collaboration with the Defense Advanced Research Projects Agency (DARPA). This enhanced partnership involves a contract geared towards an innovative in-orbit demonstration for assembling large-scale structures in space, a venture that signifies a major leap for aerospace infrastructure. The launch, scheduled to take place on a SpaceX Transporter rideshare mission in early 2026, aims to validate advanced assembly capabilities in low Earth orbit.

Under this contract, Momentus will provide extensive support for DARPA’s Novel Orbital and Moon Manufacturing, Materials, and Mass-efficient Design (NOM4D) program, encompassing launch services, payload integration, and the overall hosting of the assembly mission utilizing the Momentus Vigoride Orbital Service Vehicle. This initiative emphasizes the potential for manufacturing essential components in space, such as solar arrays and antennas, which could drastically alter production methods previously reliant on Earth-based assembly.

Momentus CEO John Rood expressed enthusiasm about the partnership, highlighting the groundbreaking nature of the program and its implications for various applications in communications and manufacturing. As this mission marks Momentus’ fourth Vigoride operation and its first collaboration with DARPA, the company stands poised for significant growth, positioning itself as a key player in the rapidly evolving space sector.

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