Momentus Receives HALO Prototype Order Contract from SDA
12 Novembro 2024 - 10:00AM
Business Wire
Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a
U.S. commercial space company that offers satellite buses and
technologies, transportation, and other in‑space infrastructure
services, today announced that it has been awarded a contract from
the U.S. Defense Department’s Space Development Agency (SDA) for
the Hybrid Acquisition for Proliferated LEO (HALO) program.
SDA has been tasked with deploying a constellation of several
hundred satellites in low-Earth orbit (LEO). The SDA HALO program
is designed to solicit and award rapid, cost-effective prototyping
and spaceflight demonstrations to demonstrate new technology to be
added to the constellation in future tranches. “SDA is proud to
welcome 19 vendors into the first-ever HALO pool,” said SDA
Director Derek Tournear. “This creative award solution enables SDA
to quickly compete, build, and fly demonstration missions to burn
down risk for the future of the Proliferated Warfighter Space
Architecture. We also hope, through the HALO pool, to build a
broader base of vendors that can compete for work on operational
layers of future tranches.”
Only vendors selected for the HALO program can bid on specific
demonstration prototype orders, with multiple prototype orders
expected to be initiated and awarded annually. HALO offers a
flexible and fast contracting mechanism to compete for and award
follow-on contracts.
Momentus is honored to be selected for HALO and looks forward to
collaborating with the SDA on future demonstration missions and
tranches. As a prime system integrator, Momentus has extensive
experience working with various payload providers. The Momentus
Vigoride bus is well-suited for these missions, designed to
accommodate diverse payloads and conduct complex operations from
our mission control center in San Jose, CA.
Prototype orders under HALO will focus on rapid, end-to-end
mission demonstrations, aiming to launch 12-18 months after the
award. These demonstrations must be conducted by a Non-traditional
Defense Contractor like Momentus, acting as the prime contractor.
As part of the program, Momentus and key personnel will support
both classified and unclassified programs.
“We’re delighted by the opportunity to work with SDA to
demonstrate key technologies that will help ensure our Nation’s
safety and space superiority,” said Momentus Chief Executive
Officer John Rood. “Vigoride’s flexibility, payload capacity, and
power make it well-positioned to support a range of national
security missions. With three launches in one year, Vigoride has
proven it is ready to take on the most challenging missions.”
About Momentus Inc.
Momentus is a U.S. commercial space company that offers
commercial satellite buses and in-space infrastructure services
including in-space transportation, hosted payloads, and other
in-orbit services.
Forward-Looking Statements
This press release contains certain statements which may
constitute “forward-looking statements” for purposes of the federal
securities laws. Forward-looking statements include, but are not
limited to, statements regarding the expected filing of the
Company’s Form 10-K and Form 10-Q and its management team’s
expectations, hopes, beliefs, intentions or strategies regarding
the future, projections, forecasts or other characterizations of
future events or circumstances, including any underlying
assumptions, and are not guarantees of future performance. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of Momentus’
control. Many factors could cause actual future events to differ
materially from the forward-looking statements in this press
release, including but not limited to risks and uncertainties
included under the heading “Risk Factors” in the Annual Report on
Form 10-K filed by the Company on June 6, 2024, as amended by that
certain Annual Report on Form 10-K/A filed by the Company on
September 16, 2024, as such factors may be updated from time to
time in our other filings with the Commission, accessible on the
Commission’s website at www.sec.gov and the Investor Relations
section of our website at investors.momentus.space. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and, except as required by law, the Company assumes no obligation
and does not intend to update or revise these forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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Investors: investors@momentus.space
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