New Chief Financial Officer Hire Strengthens Momentus’ Executive Leadership Team

Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, welcomes new Chief Financial Officer (CFO) Eric Williams to the Company.

Williams will assume the role of CFO after the completion of activities to close the first quarter and completion of the Company’s next earnings call on May 11. At that time, all CFO responsibilities will be transitioned to Williams from Dennis Mahoney, Momentus interim CFO.

“Eric brings dynamic experience, a track record of proven results from his time at public companies and venture-backed organizations, and a growth mindset,” said Momentus Chief Executive Officer John Rood. “We’re glad to have Eric’s leadership and insight as we aim to be a trusted provider of in-space infrastructure, and we’re grateful to Dennis for his contributions to improving our operations during his time as interim CFO.”

Williams brings more than 25 years of experience in a wide array of finance and business functions. He has more than 15 years of dedicated experience leading the financial functions of technology-focused public companies where he successfully completed several strategic transactions while scaling operations, driving strategic planning, engaging with the public markets through investor relations, and preparing a division for an Initial Public Offering (IPO) on the NYSE. Williams has nearly a decade of experience serving in Chief Financial Officer and Chief Operating Officer roles at venture-backed growth companies and successfully raising capital and building teams and processes to grow and scale these organizations.

“I’m honored to be joining Momentus and look forward to being a key member of the team,” said Williams. “I’m excited about applying my experience and skills to help Momentus grow and become a leader in the space infrastructure market.”