![]() FOSSA is deploying multiple picosatellites as part of a constellation to provide global and real-time Internet of Things (IoT) connectivity for industrial applications. On this first flight, Momentus welcomes FOSSA Systems and Orbit NTNU among its customers. "Testing the MET on this first Vigoride flight is one of the important tasks that we plan to conduct as we continue to refine and improve its performance." "MET technology has been researched in academia since the 1980s, but we're pioneers in bringing it to market," said Rood. Using the MET offers cost-effective, efficient, safe, and environmentally friendly propulsion to meet the demands for in-space transportation and infrastructure services. However, unlike a conventional chemical rocket engine, which creates heat through a chemical reaction, the MET heats propellant using solar microwave energy. The MET produces thrust by expelling extremely hot gases through a rocket nozzle. "We're excited to see our vision of providing transportation and space infrastructure services and being an early provider of these key services to the growing new space economy starting to be realized."Ī key part of the Vigoride vehicle is the Microwave Electrothermal Thruster (MET) which uses water as a propellant. "Today's launch was the culmination of months of work to conduct an extensive ground test campaign, ready the spacecraft, and obtain the necessary government licenses and approvals for our first flight of the Vigoride vehicle," said Momentus Chief Executive Officer John Rood. The mission will also feature the deployment of several customer satellites and the testing of hardware for another customer. Under the company's license from the Federal Communications Commission, the mission is scheduled to last up to 180 days. The versatile Vigoride spacecraft, designed to support a range of transportation and in-space infrastructure services, is slated to perform a series of operations in space to test and demonstrate the performance of the vehicle and its subsystems. View source version on businesswire.Momentus' Vigoride Orbital Transfer Vehicle. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. ![]() Forward-looking statements speak only as of the date they are made. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on 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 (the "SEC"), accessible on the SEC’s website at and the Investor Relations section of our website at. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Forward-looking statements include, but are not limited to, statements regarding Momentus’ or its management team’s expectations, hopes, beliefs, intentions or strategies regarding future events or circumstances, and are not guarantees of future performance. This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Momentus believes it can make new ways of operating in space possible with its planned in-space transfer and service vehicles that will be powered by an innovative water plasma-based propulsion system that is under development. commercial space company that offers in-space infrastructure services, including in-space transportation, hosted payloads and in-orbit services. A recording of the webcast will also be available following the conference call. ![]() The live audio webcast along with supplemental information will be accessible on the Company’s Investor Relations website at. International participants should dial +1 (646) 307-1963. To access the conference call, participants should dial +1 (800) 715-9871 and enter the conference ID number 2057180. ![]() Momentus will host a conference call to discuss the results that day at 5:00 p.m. commercial space company that offers transportation and other in-space infrastructure services, will issue a press release containing financial results for the fourth quarter 2022 and full year 2022 following the close of the U.S. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. Momentus Announces Date of Fourth Quarter 2022 Financial Results and Conference Call ![]()
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