Momentus Enters Into Collaboration Agreement with Lodestar Space for Robotics in Space
13 Septembre 2024 - 2:30PM
Business Wire
Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a
provider of satellite buses and in-space infrastructure services
including in-space transportation, hosted payloads, and other
in-orbit services, entered into a Collaboration Agreement with
Lodestar Space to integrate a robotic arm onto a Momentus Vigoride
Orbital Service Vehicle (OSV).
Momentus will work with Lodestar Space to define the
requirements to integrate and perform a robotic arm mission on a
Vigoride Orbital Service Vehicle. Lodestar Space received a United
Kingdom Space Agency (UKSA) grant of £800,000 to fund the
development of a platform-agnostic modular robotic arm to perform
contact dependent dynamic space operations. The project is intended
to develop a capability to inspect, protect and repair vital assets
beyond Earth. Momentus will support the project with information on
concepts around Rendezvous and Proximity Operations and Docking
(RPOD), mission operations, and information on spacecraft
operations.
This is another unique project for Momentus and our
flight-proven Vigoride spacecraft. We look forward to collaboration
with the UK’s Lodestar Space to support the development of advanced
robotic capabilities for cutting-edge in-space operations.
About Momentus Inc.
Momentus is a U.S. commercial space company that offers
commercial satellite buses and in-space infrastructure services
including in-space transportation, hosted payloads, and other
in-orbit services.
About Lodestar Space
Ltd.
Lodestar Space is a London-based company developing an
integrated hardware and software suite to provide critical physical
and dexterous manipulation for protecting, inspecting, and
repairing space assets. Safeguarding national security today and
enabling large scale in-orbit construction for tomorrow.
Forward-Looking
Statements
This press release contains certain statements which may
constitute “forward-looking statements” for purposes of the federal
securities laws. Forward-looking statements include, but are not
limited to, statements regarding the expected closing of the
offering and fulfillment of customary closing conditions, Momentus
or its management team’s expectations, hopes, beliefs, intentions
or strategies regarding the future, projections, forecasts or other
characterizations of future events or circumstances, including any
underlying assumptions, and are not guarantees of future
performance. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of Momentus’ control. Many factors could cause
actual future events to differ materially from the forward-looking
statements in this press release, including but not limited to
risks and uncertainties included under the heading “Risk Factors”
in the Annual Report on Form 10-K filed by the Company on June 6,
2024, as such factors may be updated from time to time in our other
filings with the Commission, accessible on the Commission’s website
at www.sec.gov and the Investor Relations section of our website at
investors.momentus.space. Forward-looking statements speak only as
of the date they are made. Readers are cautioned not to put undue
reliance on forward-looking statements, and, except as required by
law, the Company assumes no obligation and does not intend to
update or revise these forward-looking statements, whether as a
result of new information, future events, or otherwise.
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