Form 8-K - Current report

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

March 4, 2024

Date of Report (date of earliest event reported)

Momentus Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-39128	84-1905538
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

3901 N. First Street San Jose, California		95134
(Address of Principal Executive Offices)		(Zip Code)

 

[phone]

Registrant's telephone number, including area code

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to section 12(g) of the Act:

 

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A common stock	MNTS	The Nasdaq Stock Market LLC
Warrants	MNTSW	The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 8.01.

Other Events.

On March 4, 2024, NASA announced that it had selected 15 companies, including Momentus Inc. (the “Company”), to provide flight and payload integration services in support of NASA’s Flight Opportunities and Small Spacecraft Technology programs. Work under the programs would be contracted under an indefinite delivery / indefinite-quantity (“IDIQ”) base contract. IDIQ base contracts allow for contracting and work may be performed if the Company and NASA agree on a task order or delivery order governing the provision of a specific project.

A press release issued by the Company on March 5, 2024 regarding the NASA engagement is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01          Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Exhibit Description
99.1		Press Release, dated March 5, 2024, issued by Momentus Inc.
104		Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		By:		/s/ Paul Ney
		Name:		Paul Ney
Dated:	March 5, 2024	Title:		Chief Legal Officer

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Exhibit 99.1

Momentus Awarded NASA Contract to Provide Flight and Payload Integration Services

 

SAN JOSE, CA – March 5, 2024

 

Momentus Inc. (NASDAQ: MNTS)(“Momentus” or the “Company”), a leading provider of in-space transportation services, is pleased to announce that it has been awarded a NASA indefinite-delivery/indefinite-quantity (ID/IQ) base contract award with a performance period of five years to provide flight and payload integration services to advance technologies and procedures for operating in space.

 

Under the ID/IQ contract awarded by NASA, Momentus is among 15 companies selected that are eligible to receive task or delivery orders to provide in-space transportation services, including propulsion systems and orbital transfer capabilities, to facilitate the deployment of satellites, payloads, and scientific instruments.

 

“We are honored to be selected by NASA for this important opportunity to support the United States’ efforts in space,” said John Rood, CEO of Momentus.

 

The contracts will be managed by NASA’s Flight Opportunities program, in collaboration with the Small Spacecraft Technology program, both part of the agency’s Space Technology Mission Directorate. 

 

Momentus’ Vigoride vehicle offers flexible and reliable transportation solutions for a wide range of mission profiles at various orbits. The company’s technology includes water plasma thrusters, which are safer and more environmentally friendly than traditional chemical propulsion systems and flexible solar arrays to allow deployment and retraction of critical power generation capabilities.

 

“We look forward to collaborating closely with NASA and contributing to the success of their ambitious space programs,” added Rob Schwarz, Momentus’ Chief Technology Officer.

 

About Momentus

Momentus is a U.S. commercial space company that offers satellite buses and in-space infrastructure services including transportation, hosted payloads, and other in-orbit services.

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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 Momentus or 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 March 8, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’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.

Contacts

Media: [e-mail]

 

Investors: [e-mail]

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Document and Entity Information	Mar. 04, 2024
Entity Listings [Line Items]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Mar. 04, 2024
Entity File Number	001-39128
Entity Registrant Name	Momentus Inc.
Entity Central Index Key	0001781162
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1905538
Entity Address, Address Line One	3901 N. First Street
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95134
City Area Code	650
Local Phone Number	564-7820
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Common Class A [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Class A common stock
Trading Symbol	MNTS
Security Exchange Name	NASDAQ
Warrants [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Warrants
Trading Symbol	MNTSW
Security Exchange Name	NASDAQ

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