Momentus to Deliver Lunasonde Technology Demonstration Payload to Orbit

Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, has signed a contract with Lunasonde to deliver the Picacho CubeSat to orbit.

Lunasonde is a sub-surface imaging company with the goal of making underground resources – like water and minerals – easier to find. The Picacho CubeSat is a technology demonstration of Lunasonde’s sensors. It will measure the power spectral density of low-frequency radio signals in the ionosphere, which will help inform designs for the company’s future satellites. Picacho will fly on the Vigoride-7 spacecraft targeted to launch on the SpaceX Transporter-9 mission in October 2023.

"With more affordable and reliable access to space comes more impactful and dynamic uses of the space environment,” said Momentus Chief Commercial Officer Chris Kinman. "We thank Lunasonde for their trust and the Momentus team is dedicated to making the orbital delivery of their payload a seamless part of their mission.”

"We are excited to partner with Momentus on this mission,” said Founder and Chief Executive Officer of Lunasonde Jeremiah Pate. “The responsive and versatile nature of the Vigoride platform has been a fantastic opportunity for our Picacho technology demonstrator, which will pave the way for Lunasonde’s groundbreaking insights into the Earth’s subsurface environment.”

Momentus currently has three Vigoride Orbital Service Vehicles in orbit. The Company has flights scheduled through the end of 2024.