- 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.
‘Wow:’ Elon Musk Applauds Nvidia’s $3-Trillion Milestone — Here’s How Tesla Stock Stacks Up Against AI Giant
Nvidia has generated mind-boggling returns since 2023, while Tesla has not been much of a profitable trade.