Momentus Inc. (NASDAQ: MNTS), a company focused on satellite buses and in-space infrastructure services, has been selected by NASA to provide launch services as part of the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) contract. This partnership will see Momentus deploying its Vigoride spacecraft to deliver a variety of payloads, including Class D satellites and CubeSats, to multiple orbits.
The announcement has led to a 38.4% surge in Momentus’ stock, reflecting investor confidence in the company’s ability to deliver on this significant opportunity. Momentus CEO John Rood expressed the company’s pride in partnering with NASA, emphasizing their commitment to offering cost-effective solutions for in-space transportation and supporting NASA’s innovative space missions.
This contract highlights Momentus’ expanding role in the space industry, providing critical launch services that enhance access to space. The company’s involvement in the VADR program signals growing demand for flexible and affordable satellite deployment solutions.
Momentus, based in the U.S., continues to develop its capabilities, offering a range of in-space transportation and payload services designed to meet the evolving needs of space exploration.
