Momentus Partners With NASA For In-Orbit Servicing, Space Operations — MNTS Stock Rises Pre-Market
Synopsis
Momentus will deliver a NASA CubeSat to low Earth orbit to demonstrate joint rendezvous and proximity operations as well as formation flying.
Momentus Inc. (MNTS) on Monday announced that it has entered into a partnership with NASA for in-orbit servicing and space operations.
As part of this program, Momentus will deliver a NASA CubeSat to low Earth orbit (LEO) to demonstrate joint rendezvous and proximity operations (RPO) as well as formation flying, the company said.
Momentus shares were up nearly 22% in Monday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory at the time of writing.
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