24/7 Market News Snapshot 30 June, 2025 – Momentus Inc. Class A Common Stock (NASDAQ:MNTS)

June 30, 2025

DENVER, Colo., 30 June, 2025 (www.247marketnews.com) – (NASDAQ:MNTS) are discussed in this article.
Momentus Inc. has recently showcased its robust market performance, highlighted by a significant surge in its pre-market trading, where shares of the company appreciated nearly 40% to $1.970, following a previous close of $1.410. This impressive momentum, accompanied by a notable trading volume of 13.88 million shares, reflects heightened investor interest and optimism regarding the company’s strategic initiatives in the growing space industry.

Further emphasizing Momentus’ forward momentum is its recent achievement in securing a $1.86 million Direct to Phase II Small Business Innovation Research (SBIR) contract from SpaceWERX, the innovation arm of the U.S. Space Force. This pivotal contract supports the development of an advanced multi-spectral sensor suite tailored for Rendezvous and Proximity Operations (RPO). The demonstration of this technology is slated for early 2026 and is designed to significantly enhance autonomous spacecraft maneuvering capabilities in low Earth orbit, using a sophisticated blend of optical, infrared, and lidar sensors.

John Rood, the Chief Executive Officer of Momentus, expressed his excitement about this contract, stating that it signifies a crucial advancement in the realm of cost-effective, autonomous in-space operations. He highlighted the company’s honor in supporting the U.S. Space Force and Department of the Air Force’s mission to foster the development of advanced operational capabilities in a dynamic space environment.

The technology demonstration will be integrated into SpaceX’s upcoming Transporter-16 rideshare mission, expected to launch no earlier than February 2026, showcasing a collaboration with various commercial partners and Department of Defense customers. Momentus Inc. continues its commitment to innovative space infrastructure solutions, with a focus on enhancing orbital servicing, satellite refueling, and debris mitigation, thereby paving the way for the future of space operations.

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