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Investing.com -- Momentus Inc. (NASDAQ:MNTS) stock surged 32.2% in after-hours trading Monday following the announcement of a three-year reciprocal services agreement with Solstar Space.
The commercial space firm, which specializes in satellite solutions and in-space infrastructure, will combine its logistics and deployment services with Solstar’s space-based communication systems. The partnership aims to deliver comprehensive low Earth orbit capabilities for commercial, government, and space agency requirements.
Under the agreement, the companies will integrate Solstar’s communication solutions aboard one or more Momentus Orbital Service Vehicles. Solstar provides inter-satellite data relay communications, space-to-ground systems, and local area Wi-Fi to enhance on-orbit operations.
"We are pleased to deepen our partnership with Solstar Space as we continue to scale our in-space servicing capabilities," said John Rood, CEO of Momentus Space. "This collaboration gives Momentus key advantages to provide resilient spacecraft-to-spacecraft operations including refueling and repair, on-orbit inspection and reliable data relay capabilities."
The first spaceflight under this partnership is scheduled for February 2026, when the companies plan to demonstrate use cases for Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR), In-Space Assembly and Manufacturing (ISAM), and Rendezvous, Proximity Operations and Docking (RPOD).
Brian Barnett, Founder and CEO of Solstar Space, noted that outdated space communications approaches "oftentimes leave space assets disconnected," adding that "Solstar is filling those space communications gaps just as Momentus is filling gaps for spacecraft and payload deployment and in-space servicing."
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