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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, announced that Chief Executive Officer John Rudd will participate in the Morgan Stanley 5th Annual Space Summit held December 6, 2022 in New York.
Mr. Rood will participate in Space infrastructure – to the moon and back and everything in between panel starting at 2:15 PM ET. In addition, Mr. Rudd will host meetings with institutional investors, which can be arranged through your Morgan Stanley representative.
“The economies of scale from larger launch vehicles and the concomitant effects of satellite miniaturization are driving increasingly affordable access to space,” Rudd said. “As a result, the number of satellites in space is growing rapidly.” The last-mile transport and accommodation services that Momentus offers its customers, as well as the in-orbit maintenance, refueling and deorbit services that Momentus plans to offer, will enable these satellites to carry out their intended missions, including Earth observation, communications, Internet of Things and missions that performed by the Department of Defense, such as space situational awareness.”
Momentus launched its inaugural mission in May 2022 and has deployed eight customer satellites, including seven from its Vigoride Orbital Service vehicle and one from a third-party deployment system. The company’s second demonstration mission is due to launch in December. Mission priorities include hosting customer payloads for Caltech, delivering CubeSats into orbit for Kosmosis, and testing Vigoride’s performance in space, particularly its microwave electrothermal thruster (MET) that uses water as a propellant. Non-toxic water fuel enables simpler, safer and cheaper operations on Earth and more sustainable transportation services in space.
Panel Information
Momentus CEO John Rudd will participate in the Space infrastructure – to the moon and back and everything in between panel moderated by Kristine Livag, aerospace and defense analyst, Morgan Stanley.
Date: Tuesday, December 6th – 2:15-2:55 PM ET
For conference details or to register for the event, visit: https://msevents.dealogic.com/clientportal
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.
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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