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  • Momentus to participate in the Morgan Stanley Space Summit | Daily News Byte
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Momentus to participate in the Morgan Stanley Space Summit | Daily News Byte

bemaaddeepak December 5, 2022
Momentus to participate in the Morgan Stanley Space Summit

 | Daily News Byte

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San Jose, California – Momentus Inc. (NASDAQ: MNTS) (‘momentum’ or ‘Company’), a USA a commercial space company that offers transportation and other infrastructure services in space, the chief executive officer said John Roode will participate in the 5th annual Morgan Stanley Space Summit held December 6, 2022in New York City.

Mr. Road will participate in the panel Space Infrastructure – ​​To the Moon and Back and Everything in Between 2:15 PM ET. Around that, Mr. Road 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.” Transport and accommodation services in the last kilometer which Momentum offers its clients, and in-orbit maintenance, refueling and deorbiting services that Momentum of the bid plans, will enable these satellites to carry out their intended missions, including Earth observation, communications, Internet of Things and missions Ministry of Defensesuch as space situational awareness.’

Momentum launched its inaugural mission May 2022 and 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 user payloads Caltech, delivering a CubeSat into orbit for Kosmosis, and testing Vigoride’s performance in space, particularly with 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

momentum’ Chief Executive Officer John Roode will participate in the panel Space Infrastructure – To the Moon and Back and Everything in Between, which he will moderate Kristine Livagaerospace and defense analyst, Morgan Stanley.

About Momentum

Momentum is USA a commercial space company that offers infrastructure services in space, including space transportation, hosted payloads, and in-orbit services. Momentum 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 Momentum or its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying 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 our control. momentum’ 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, 2022as such factors may be updated from time to time in our other filings with Securities Commission (‘SEC‘), available at 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.

Contact:

Investors

Darryl Genovesi

Email: investors@momentus.space

The media

Jessica Pieczonka

Email: press@momentus.space

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