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SAN JOSE, CA–(BUSINESS WIRE)–Momentus Inc. (NASDAQ: MNTS ) (“Momentus” or the “Company”), an American commercial space company that offers transportation and other infrastructure services in space, has signed an agreement with the CUAVA Training Center at the University of Sydney to place the CUAVA-2 CubeSat into low Earth orbit in October 2023.
CUAVA is the Australian Research Council’s training center for CubeSats, unmanned aerial vehicles and their applications. CUAVA is a partnership based at the University of Sydney that aims to fundamentally change the capabilities and applications of CubeSats to create great commercial value with wide-ranging applications.
“Momentus is proud to partner with CUAVA, Australia’s leading research centre,” said Momentus Chief Executive Officer John Rudd. “Innovation and pushing the boundaries of technology is what we love to do at Momentus.” We look forward to supporting CUAVA’s mission to use the cutting-edge capabilities of space to improve life on Earth.
CUAVA-2
CUAVA-2 is a 6U CubeSat with two primary payloads: (1) a Hyperspectral Imager developed by the Space Photonics (SAIL) group at the University of Sydney’s Faculty of Physics to demonstrate a new imager and provide high-resolution spatial and spectral data for agricultural applications and forestry, coastal and marine environments, urban areas, water hazards and mineral exploration; and (2) a GPS reflectometry payload developed by the Australian Center for Space Engineering Research (ACSER) at the University of New South Wales. CUAVA-2 will be the second satellite to be launched by CUAVA, intended for deployment from the Momentus Vigoride orbital service vehicle, which will be launched on a SpaceX Falcon 9 rocket.
CUAVA-2 also carries multiple secondary payloads and technology demonstrations, including the Charge Exchange Thruster (CKST), the KROSS Wide Field of View Star Tracker, the Electron Density and Debris Instrument (EDDI), an electro permanent magnet, perovskites in the Orbit Test ( Port) advanced solar cell payload, radiation counter and data payload via Power-bus. These payloads were developed at the University of Sydney.
“CUAVA-2 CubeSat is the culmination of many years of hard work by the satellite team and our partners,” said CUAVA Director Professor Iver Cairns. “We are very excited to launch with Momentus and collect unique data from the many advanced payloads and technology demonstrators on CUAVA-2 once in orbit.”
About Momentus
Momentus is an American commercial space company that offers infrastructure services in space, including space transportation, hosted payloads and in-orbit services. Momentus believes it can enable new ways of working in space with its Space Transfer and Service Vehicles, which will be powered by an innovative water plasma-based propulsion system under development.
O CUAVA
CUAVA is funded by the Australian Research Council. In collaboration with industry partners, its mission is to train the next generation of workers for advanced applications in manufacturing, the commercial space and unmanned aerial vehicles (UAVs). In doing so, CUAVA will develop new instruments and technology to address key issues and develop a world-class Australian industry in CubeSats, UAVs and related products. CUAVA has been operational since December 2017, based at the University of Sydney.
Forward-looking statements
This press release contains certain statements that may constitute “forward-looking statements” for purposes of federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies of Momentus or its management team regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any fundamental assumptions and are not guarantees of future performance. Because forward-looking statements are forward-looking, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risks and uncertainties included under the heading “Risk Factors” in the annual report on the form 10-K filed by the Company on March 9, 2022, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (“SEC”), available on the SEC’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and, except as required by law, the Company undertakes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or some other way.
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