Momentus awarded NASA contract for in-orbit power system testing

SAN JOSE, Calif. - Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company specializing in satellite solutions with a market capitalization of $7.81 million, has secured a contract from NASA to demonstrate power processing technology for Hall Thrusters in space. According to InvestingPro data, analysts anticipate strong revenue growth for the company in the current fiscal year.

The project will test a Power Processing Unit (PPU) based on CisLunar Industries’ Modular Configurable Electric Power Converter technologies. The technology is designed to advance high Delta V Dynamic Maneuver capabilities and in-space assembly operations. While the company’s stock has experienced significant volatility, trading at $1.41, InvestingPro analysis suggests the stock may be undervalued at current levels.

According to the press release statement, Momentus will host a payload from CisLunar Industries aboard its Vigoride 7 Orbital Service Vehicle, scheduled for launch no earlier than February 2026 on a SpaceX Transporter mission to Low Earth Orbit.

The mission will validate the technology’s performance in orbit, with real-time data transmissions to Momentus mission operations. The system aims to address the need for efficient power generation exceeding 1 kW, which is considered essential for various space applications.

The contract will be managed by NASA’s Flight Opportunities program based at the agency’s Armstrong Flight Research Center in Edwards, California.

Momentus provides satellites, satellite components, and in-space transportation and infrastructure services to both government and commercial customers. The company supports missions ranging from communications to missile tracking and scientific research.

The demonstration aims to contribute to NASA’s objectives for in-space assembly and manufacturing while advancing power management capabilities for future orbital operations. With projected revenue growth of 30% for fiscal year 2025, the company’s technological developments could support its financial outlook. Discover more insights and 12 additional ProTips for Momentus with an InvestingPro subscription.

In other recent news, Momentus Inc. reported a series of significant developments. The company has announced a partnership with Portal Space Systems to host an in-orbit demonstration of Portal’s advanced flight computer technology on Momentus’ Vigoride 7 Orbital Service Vehicle, scheduled for a SpaceX mission in February 2026. Additionally, during its 2025 Annual Meeting of Stockholders, Momentus successfully elected three director nominees and approved various proposals, including the appointment of auditors and the issuance of Class A common stock in connection with financial instruments.

The board of Momentus also authorized a new conversion price for its convertible promissory notes with Space Infrastructures Ventures, LLC, adjusting the rate to $1.77 per share for certain shares. In another strategic move, Momentus entered into a master services agreement with Velo3D, Inc., issuing shares to meet Nasdaq’s minimum stockholders’ equity requirement of $2.5 million. This transaction is part of the company’s efforts to maintain its listing on The Nasdaq Capital Market, though formal confirmation from Nasdaq is pending.

These recent developments reflect Momentus’ ongoing financial management activities and strategic partnerships in the space industry.

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