Space Development Agency Awards Momentus Contract Modification to Develop Defense Applications for Vigoride Orbital Service Vehicle
Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, has been awarded a contract modification valued at $1,196,404 by the Space Development Agency to continue development of the Vigoride Orbital Service Vehicle for Department of Defense (DoD) Mission Requirements.
Through this Small Business Innovation Research Award, “Orbital Service Vehicle Enhancements to Meet DoD Mission Requirements” with a total value of $1,942,477, Momentus will tailor the capabilities of its Vigoride Orbital Service Vehicle to support a wide range of DoD payloads and mission requirements, setting the stage for a rapid transition to an in-space flight demonstration.
“Vigoride’s flexibility, payload capacity, and power make it well-positioned to support a range of national security missions like space situational awareness, surveillance, reconnaissance, and other priorities,” said Momentus Chief Executive Officer John Rood. “We’re pleased that the Space Development Agency has expanded this contract to make improvements to Vigoride, so it is tailored to support SDA and DoD’s growing needs and to meet the requirements of their national security missions.”
In addition to the Vigoride Orbital Service Vehicle, Momentus is now also offering its M-1000 satellite bus, which is based on the space-proven Vigoride. This latest contract expansion will also provide benefits to enable the Defense Department to use the M-1000 satellite bus for a range of missions like communications and missile tracking. The M-1000 bus offers significant advantages to commercial and government customers, such as its high power - up to 3 kW of peak power - large payload capacity, flexible configuration, speed from requirements to delivery on-orbit, and low cost. Momentus has offered the M-1000 satellite bus to both commercial constellation providers and to the U.S. Government.