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Momentus, LuxSpace Ink Service Agreement For Hosted Payload

Momentus Inc (NASDAQ:MNTS) has inked a service agreement with LuxSpace, a Luxembourg-based subsidiary of German-headquartered satellite manufacturer OHB. LuxSpace will fly…
byAkanksha Bakshi
August 19, 2022
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  • Momentus Inc (NASDAQ:MNTS) has inked a service agreement with LuxSpace, a Luxembourg-based subsidiary of German-headquartered satellite manufacturer OHB.
  • LuxSpace will fly its Triton-X small satellite platform aboard a Vigoride Orbital Transfer Vehicle in 2023.
  • Triton-X is LuxSpace’s ultimate platform for small LEO satellites and constellations. Designed as a multi-mission, scalable, and high processing power product line, Triton-X can be flexibly adapted to various LEO missions and payloads.
  • “We’re honored to support LuxSpace on their journey to orbit,” said Momentus CEO John Rood.
  • Price Action: MNTS shares are trading lower by 5.26% at $1.98 on the last check Friday.
 
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