Momentus and RIDE! Space Collaborate to Connect SmallSat Operators to In-Space Services
November 08 2023 - 6:30PM
Business Wire
Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a
U.S. commercial space company that offers satellite buses and
in-space infrastructure services including transportation, hosted
payloads, and other in-orbit services, has signed an agreement with
RIDE! Space to make its services available through the RIDE! Space
platform.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231108404360/en/
Momentus and RIDE! Space executives meet
at World Satellite Business Week in September 2023. (Photo:
Business Wire)
Momentus and RIDE! Space recently signed a services agreement to
fly Gaindesat and Djibouti payloads on a single mission in
2024.
RIDE! is a New Space company based in Paris, France, and founded
in 2020.
“Our vision is to provide the ultimate experience of launch
services, on a large scale,” said RIDE! Chief Executive Officer
Valentin Benoit. “To do so, RIDE! has designed a digital platform
to handle the end-to-end launch process for both launch vehicles
and satellite operators ecosystems. From scouting launch
opportunities, assessing performance, price, and level of service,
to contract launch service agreements, RIDE!’s platform allows its
users a seamless experience.”
Besides its platform, RIDE! provides a range of launch services
– operated by mission managers in charge of multi-deployment
analysis – including launch RFP procurement strategy, launch
integration, radiofrequency registration, or space insurance
benchmarking. RIDE!’s strong ecosystem is composed of 40+ launch
vehicles and OTVs, as well as 250+ satellite operators in more than
50 countries.
“Momentus is a key partner for RIDE! in the United States,” said
Benoit. “The Momentus team’s responsiveness and commitment to ease
access to space and mobility for any payload – including single
CubeSat, hosted payload and simple insertion – definitely rang a
bell for RIDE!. We aim to have future missions planned with
Momentus and their upgrade as a Premium Provider on RIDE!
launch-on-demand digital platform definitely shows a bright future
for a long-term partnership.”
“We value RIDE! Space as an extension of our team and know that
the services we’re offering through their platform are economical,
efficient, and reliable,” said Momentus Chief Executive Officer
John Rood. “We encourage users of RIDE! Space’s platform to review
Momentus’ offerings. For those SmallSat operators not using RIDE!’s
platform, their online catalog of services can help make the
logistics of your mission easier – the same goal Momentus aims to
achieve with our turnkey in-space infrastructure services.”
Momentus’ next mission will be orbital delivery for four
customers on the SpaceX Transporter-9 mission. Momentus’ first
mission of 2024 will launch on the SpaceX Transporter-10 mission
targeted no earlier than March. On this mission, Momentus will
support seven customers that require orbital delivery services and
two customers requiring hosted payload services.
Momentus has space available for rideshare and hosted payload
customers on SpaceX Transporter missions launching in 2024. Visit
the RIDE! Platform or email sales@momentus.space to start the
reservation process.
About Momentus
Momentus is a U.S. commercial space company that offers
satellite buses and in-space infrastructure services including
transportation, hosted payloads, and other in-orbit services.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231108404360/en/
Media: press@momentus.space
Investors: investors@momentus.space
Momentus (NASDAQ:MNTS)
Historical Stock Chart
From Apr 2024 to May 2024
Momentus (NASDAQ:MNTS)
Historical Stock Chart
From May 2023 to May 2024