Momentus (MNTS) Registration filing summary

Company overview and business model

• Operates as a U.S. commercial space company providing satellites, satellite buses, and in-orbit infrastructure services for government and commercial customers.

• Offers innovative technologies such as the Tape Spring Solar Array (TASSA) and Microwave Electrothermal Thruster (MET) for efficient, flexible, and environmentally friendly space missions.

• Focuses on “last mile” satellite transportation, hosted payloads, on-orbit servicing, and plans to expand to reusable orbital service vehicles (OSVs).

• Partners with launch providers like SpaceX for rideshare missions and aims to serve both defense and commercial markets with scalable satellite solutions.

• Has demonstrated technology in space with four missions, deploying 17 customer satellites and accumulating significant flight heritage.

Financial performance and metrics

• As of May 22, 2026, the last reported sale price of common stock on Nasdaq was $7.38 per share.

• Aggregate market value of outstanding common stock held by non-affiliates is approximately $79.8 million, based on 10,457,184 shares at $7.63 per share.

• Recent private placements in January and April 2026 raised approximately $10 million in gross proceeds, with net proceeds of about $9.16 million after fees.

• Management believes recent financings have alleviated substantial doubt about the company’s ability to continue as a going concern.

Use of proceeds and capital allocation

• Net proceeds from securities sales are intended primarily for working capital and general corporate purposes, including debt repayment, capital expenditures, and funding working capital needs.

• Proceeds from recent private placements were similarly allocated to general corporate purposes.