Momentus To Provide In-Space Transportation Service to its Customers On SpaceX SmallSat Rideshare Launch

SANTA CLARA, Calif., Aug. 22, 2019 /PRNewswire-PRWeb/ -- Momentus (http://www.momentus.space), provider of in-space shuttle services that move satellites between orbits, today announced plans to provide orbital shuttle service to its customers on SpaceX's first dedicated SmallSat Rideshare mission. Momentus' Vigoride orbital shuttle will carry multiple customer satellites, with a total mass up to 250 kg, each to its own custom orbit on a mission scheduled to launch no earlier than late 2020. As part of this launch, Momentus will offer its customers the ability to access multiple destination orbits through its in-space last-mile transportation services.

A graduate of the prestigious Y Combinator program and based in Santa Clara, California, Momentus recently announced a $25.5MM Series A, bringing total funding to $34M. Momentus employs new and proprietary technology including water plasma propulsion for the mission of low-cost sustainable transportation through space. Momentus' Vigoride orbital shuttle, which is designed and built in-house, is powered by proprietary water plasma propulsion to ferry satellites from one orbit to another.

"We are showing that ridesharing from the Falcon 9 will be a game-changer. By ferrying payloads to multiple orbits from a single launch, we multiply the capability of an already very impressive system," said Mikhail Kokorich, CEO of Momentus. "I'm personally thrilled to have the opportunity to work with SpaceX."

"We are excited to have Momentus as SpaceX's first customer on a dedicated small satellite rideshare mission," said Gwynne Shotwell, President and Chief Operating Officer at SpaceX. "Their innovative technology will offer a strong complement to Falcon 9's capability to reliably and affordably launch payloads for small satellite operators."

About Momentus

Momentus provides in-space shuttle services for satellites. The company was founded in 2017 in Santa Clara, CA with the idea to revolutionize space transportation. Momentus designs and builds orbital shuttles propelled by proprietary water plasma thrusters. The service ferries satellites to final orbits after they are delivered by conventional rockets to their initial orbit. Momentus is a 30 person team growing rapidly. The company has raised $34MM to date.

For more information and a list of job openings, please visit us at http://www.momentus.space/careers

SOURCE Momentus