Momentus (NASDAQ:MNTS) (NASDAQ: MNTS) is a NewSpace company focused on providing in-space transportation and infrastructure services to commercial, civil and defense customers. The company’s core mission is to enable efficient delivery of satellites and payloads to precise orbits through its proprietary space tugs and next-generation propulsion systems. By offering last-mile logistics solutions in low Earth orbit (LEO) and beyond, Momentus aims to streamline the deployment process for small satellites, constellations and research platforms, reducing time to orbit and mission risk for its clients.
At the heart of Momentus’s technology portfolio is its Vigoride space tug, a vehicle designed to rendezvous with customer payloads and maneuver them to specified orbital altitudes and inclinations. Vigoride leverages water-plasma propulsion, which uses water as a green propellant, to achieve thrust and efficient maneuvering in space. In addition to its tug services, the company is developing Orbital Services Stations—commercial platforms intended to host payloads and provide in-orbit refueling, power and data relay, further expanding its suite of in-space infrastructure offerings.
Founded in 2017 and headquartered in Santa Clara, California, Momentus has built a diverse engineering team with expertise in propulsion, guidance and control, and spacecraft systems. The company has execution facilities in the United States and Europe, enabling it to serve customers across North America, Asia and emerging space markets. Momentus’s technology has attracted partnerships and contracts with government agencies, including the U.S. Department of Defense, as well as commercial satellite operators seeking flexible mission profiles and tailored orbital delivery.
Leadership at Momentus includes CEO John Rood, a former Under Secretary of Defense for Acquisition and Sustainment, and CTO Mikhail Kokorich, who brings extensive background in space vehicle development. Under their guidance, Momentus has pursued a public listing via SPAC merger, positioning the company to scale its service offerings and capital investments in in-space logistics. As the small satellite market continues to expand, Momentus is positioned to play a key role in shaping the commercial space economy through innovative propulsion technologies and on-orbit services.
