Momentus Inc. Class A Common Stock
MNTSMomentus Inc. Class A (MNTS) is a space infrastructure company specializing in in-space transportation and satellite deployment services. It focuses on providing innovative propulsion and transportation solutions to support satellite deployment, servicing, and on-orbit logistics, enabling more flexible and cost-effective access to space for commercial and government clients.
Company News
Velo3D reported Q2 2025 revenue of $13.6 million, with strong momentum in Rapid Production Services, particularly in Space and Defense sectors. The company reaffirmed expectations for annual revenue growth and projected EBITDA positivity in the first half of 2026.
Velo3D reported Q1 2025 financial results with revenue of $9.3 million and gross margin of 7.5%. The company reaffirmed its expectations for 2025 annual revenue growth of over 30% and to be EBITDA positive in the first half of 2026.
Velo3D, a leader in additive manufacturing, has announced a five-year, $15 million master services agreement with Momentus, a commercial space company. The partnership will leverage Velo3D's new Rapid Production Solutions offering to enhance operational efficiency and drive future success.
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U.S. stocks traded slightly lower this morning, ahead of interest-rate decision from the Federal Reserve. Following the market opening Wednesday, the Dow traded down 0.01% to 39,106.88 while the NASDAQ fell 0.06% to 16,157.27. The S&P 500 also fell, dropping, 0.02% to 5,177.26. Check This Out: Exxon Mobil, Palantir Technologies And 2 Other Stock...
