Overview

Momentus Space offers infrastructure services for the space economy, focusing on in-space transportation. The company moves satellites and payloads to their desired orbits after launch, which is essential for operational efficiency. Momentus provides three main services: transporting satellites, leasing satellite capabilities, and maintaining satellites in orbit. Its goal is to support the growing space industry by delivering reliable and efficient services to satellite operators and space agencies.

Simplify's Take

What believers are saying

• Partnership with Solstar enhances in-space connectivity for Vigoride customers.
• Collaboration with Velo3D reduces satellite component costs through 3D printing.
• Strong investor interest shown by recent $5 million stock offering.

What critics are saying

• Technical challenges in providing in-space WiFi with Solstar partnership.
• Reliance on Velo3D poses supply chain risks for satellite components.
• Intensifying competition in the space transportation sector threatens market share.

What makes Momentus Space unique

• Momentus uses a water plasma-based propulsion system for in-space transportation.
• The company offers Satellite as a Service, allowing clients to lease satellite capabilities.
• Momentus provides in-orbit servicing, including refueling and upgrading satellites.

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Funding

Total Funding

$213.5M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:

Y Combinator

Notable Investors:

Y Combinator

$5,000,000

Post IPO Equity

Dec 2024

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!

Post IPO Equity Funding Comparison

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