Momentus (MNTS) Registration Filing summary

Company overview and business model

• Operates as a U.S. commercial space company providing satellites, satellite buses, components, and in-space transportation and infrastructure services for government and commercial customers.

• Offers last-mile satellite transportation, hosted payloads, on-orbit refueling, inspection, maintenance, de-orbiting, and debris removal services, with a focus on low-Earth orbit (LEO) via its Vigoride Orbital Service Vehicle (OSV).

• Developing innovative technologies such as the Tape Spring Solar Array (TASSA) and water plasma propulsion, aiming for cost-effective, flexible, and environmentally friendly solutions.

• Entered a five-year master services agreement with Velo3D for additive manufacturing, issuing equity as part of the arrangement.

Financial performance and metrics

• Reported a net loss of $34.9 million for the year ended December 31, 2024, and $23.7 million for the nine months ended September 30, 2025.

• Accumulated deficit reached $431.7 million as of September 30, 2025.

• Stockholders' deficit was approximately $9.97 million as of June 30, 2025, and $694,000 as of September 30, 2025.

• Cash and cash equivalents totaled $1.6 million as of December 31, 2024.

Use of proceeds and capital allocation

• Will not receive proceeds from the sale of shares by selling stockholders; proceeds from recent offerings used to repay debt and for general corporate purposes.

• Continues to seek additional capital through equity and debt financings to fund operations and technology development.