Momentus (MNTS) announced it has been awarded a contract expansion by the U.S. Department of Defense organization, the Defense Advanced Research Projects Agency to conduct an in-orbit demonstration of the assembly of large scale structures. The mission will launch on an upcoming SpaceX Transporter rideshare as soon as early 2026. Momentus was awarded the initial NOM4D contract in April 2024 and completed the first two phases of the contract. This latest contract award from DARPA’s Defense Sciences Office is for Phase 3 of the program valued at about $3.5M.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNTS: