Momentus Signs Contract for Orbital Delivery Services with C3S
October 05 2023 - 7:33AM
Business Wire
Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a
U.S. commercial space company that offers satellite buses,
transportation, and other in-space infrastructure services, has
signed a contract with C3S for transportation and orbital delivery
services in 2025.
C3S is a repeat customer for Momentus. The C3S VIREO payload was
transported to orbit on the Vigoride-6 mission that launched in
April 2023.
“With our high-reliability, state-of-the-art satellite
platforms, we serve clients from various industries. They highly
appreciate that useful operational time can begin after deployment,
and there's no need to wait for the satellite to reach the ideal
orbit position for the service either by itself or by its
propulsion system,” said C3S CEO Gyula Horváth. “This solution
allows further optimization of the satellite's profit-generating
phase during its lifespan, complemented well by our platform's high
availability. In this regard, the solution of Momentus can provide
great assistance, which we had the opportunity to try in the
spring.”
“Our goal is to always execute flawlessly for our customers and
provide service that ensures we have repeat customers and
long-standing service agreements in place,” said Momentus Chief
Commercial Officer Chris Kinman. “Our collaboration with C3S
continues to expand with this commitment and we look forward to
getting their next payloads to their orbital destination in
2025.”
In addition to rideshare missions, Momentus offers Delta-V
delivery for missions requiring precise custom orbits. The Company
also provides hosted payload services and its M-1000 satellite bus
for customized and dedicated missions.
About Momentus
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 C3S LLC
C3S LLC is a Hungarian space industry company specializing in
designing and manufacturing high-reliability 3-16U platforms and
robust and redundant subsystems that meet the requirements of
scientific and industrial IoT constellations, or Earth observation
missions. The company's Mission Operation Centre tracks and manages
the entire life cycle of missions, from launch to deorbiting. C3S
has gained a prominent position among nanosatellite companies by
implementing large satellite solutions and technologies in
nano-size, which grants long lifespans and high reliability for
spacecraft. In addition to CubeSats, the company also designs
electrical power systems and payload control systems for large
satellites.
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 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 March 8, 2023, as such factors
may be updated from time to time in our other filings with the
Securities and Exchange Commission (the "SEC"), accessible on the
SEC’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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version on businesswire.com: https://www.businesswire.com/news/home/20231004306147/en/
Investors: investors@momentus.space
Media: press@momentus.space
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