Streetbeat News

MNTS

Momentus Inc.

Industry

Aerospace & Defense

Momentus Inc., together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.

Open

3.69

Mkt cap

12M

Volume

222K

High

3.71

P/E Ratio

0.07

52-wk high

28.56

Low

3.53

Div yield

N/A

52-wk low

3.30

Momentus Inc. has closed a $5 million offering priced at-the-market under NASDAQ rules, involving the sale of shares and warrants to a single institutional investor.

Portfolio Pulse from

February 11, 2025 | 10:30 pm

Momentus Inc. has announced a $5 million at-the-market offering under Nasdaq rules, involving the sale of 1,273,886 shares and warrants to purchase an equal number of shares.

Portfolio Pulse from

February 10, 2025 | 4:45 pm

Momentus Inc. has been selected by the U.S. Air Force Research Labs AFWERX to conduct an in-space demonstration of a low-cost multispectral sensor suite for Rendezvous and Proximity Operations. This selection highlights Momentus's capabilities in space technology and innovation.

Portfolio Pulse from

February 04, 2025 | 2:00 pm

Momentus Inc. has closed a $5 million offering priced at-the-market under NASDAQ rules, involving the sale of 800,000 shares and warrants to purchase an additional 800,000 shares.

Portfolio Pulse from

December 19, 2024 | 2:45 am

Momentus Inc. has signed a contract with SpaceX for a rideshare mission in 2026, where it will deploy defense and commercial payloads using its Vigoride Orbital Service Vehicle.

Portfolio Pulse from

December 17, 2024 | 1:45 pm

Momentus Inc. has announced a 1-for-14 reverse stock split of its Class A common stock, effective December 12, 2024. The stock will continue trading on Nasdaq under the symbol MNTS.

Portfolio Pulse from

December 09, 2024 | 10:30 pm

Several industrial stocks experienced significant intraday movements on Tuesday. Notable gainers included Zoomcar Holdings, Momentus, and SKK Holdings, while major losers were 1847 Holdings, Primega Group Holdings, and Janus Intl Gr, with the latter releasing its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 4:30 pm

U.S. Senator Jerry Moran has expressed concerns over the FAA's slow rocket launch licensing process, urging for regulatory efficiency improvements. This could impact companies involved in space launches.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 3:24 pm

Momentus has filed a prospectus with the SEC for the offer and sale of 20.5 million shares of Class A common stock by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:11 pm

Momentus (NYSE:MNTS) has seen a significant increase in short interest, with 5.56% of its float sold short, up 67.98% since the last report. This is higher than the peer group average of 3.65%, indicating bearish sentiment. However, high short interest can sometimes be bullish if it leads to a short squeeze.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 2:45 pm

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