Momentus

MNTS

Market cap $95.1M

Momentus Inc. (MNTS) is rated a buy, offering exposure to space infrastructure at a reasonable valuation and strong financial position. MNTS's water-based MET propulsion system provides a defensible moat, benefiting from declining launch costs and insulation from noble gas market volatility. The company boasts a highly experienced board, enhancing government trust and positioning MNTS for future government-driven revenue streams.

The many space stocks that rocketed higher ahead of the SpaceX IPO earlier this month have since fallen back down to earth. On average, these stocks were up 99% year-to-date at the close on June 11th when SpaceX priced its shares at $135. Along with SpaceX still being up 14.5% from its IPO price, just one other stock out of 28 is up since the SPCX IPO.

The space sector is catching its breath Wednesday — and for the first time since SpaceX (NASDAQ:SPCX) went public last week and triggered a sector-wide selloff, many publicly traded space names are green.

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today announced that it has secured a new commercial contract with the University of Colorado Boulder's Laboratory for Atmospheric and Space Physics (LASP) to provide in-orbit services.“We're proud to support the OWLS mission demonstrating the versatile capabilities of our advanced techno.

Space stocks got torched Friday as SpaceX (NASDAQ:SPCX) opened for trading, and a short seller attacked six names in the sector.

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”) a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, today announced that it has entered into securities purchase agreements with new and existing long term institutional investors for the purchase and sale of 1,851,852 shares of its common stock in a registered direct offering priced at-the-market under Nasdaq rules (the “Offeri.

The space sector lit up Thursday as traders piled into publicly traded space names ahead of SpaceX‘s historic Nasdaq debut Friday morning — and the moves were anything but small.

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today announced two major developments:Execution of key capital raising activities that strengthens the Company's financial position; andSuccessful transition of its Vigoride 7 Orbital Service Vehicle (OSV), launched on the SpaceX Transporter-16 mission, into hosted payload mission operat.

The space sector is getting hammered this week. Nearly every name on the board is red — some sharply so — as a combination of SpaceX pre-IPO fatigue and the implosion of a high-profile short squeeze drags the group lower across the board.

Momentus Inc. (NASDAQ:MNTS) is riding one of Wall Street's hottest themes: the race to militarize space.