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., a prominent player in the commercial space sector, has commenced trading today at $1.925, currently reflecting a decrease of approximately 0.88% with shares priced at $1.685, down from $1.700 in the previous session. The trading volume has surged to 25.21 million shares, signaling heightened investor activity, which may stem from concerns regarding the stock’s recent performance. Traders are advised to keep an eye on key support levels around $1.650, while resistance may be encountered near $1.700, as these levels could provide crucial insights into future price movements for the company.
In a positive development, Momentus has secured a significant contract valued at $5.1 million with NASA’s Flight Opportunities program. Announced on September 26, this contract supports the Commercial Orbital System for Microgravity In-Space Crystallization (COSMIC) demonstration, an initiative aimed at harnessing the microgravity environment of space for advancements in crystal growth applications relevant to pharmaceuticals, semiconductors, and high-tech materials.
The COSMIC mission will utilize Momentus’s cutting-edge Vigoride orbital service vehicle, known for its modular design and precision maneuvering capabilities. This next-generation platform will host COSMIC payloads, facilitating experiments that promote commercial manufacturing in low Earth orbit.
Momentus CEO John Rood expressed pride in supporting NASA through this venture, emphasizing the potential of microgravity to drive innovation and economic growth in space-based manufacturing. This initiative underscores the collaborative efforts of SpaceWorks Enterprises and Astral Materials, showcasing advancements that stem from extensive research conducted on the International Space Station. The demonstration flight marks a pivotal step toward realizing the commercialization of in-space production, with the potential for returning space-enhanced products to Earth, ultimately revolutionizing industries and opening new avenues in space exploration and manufacturing.