Momentus announces shareholder letter available on investor relations website

PUBT·05/05/2026 12:00:46

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Momentus announced availability of a CEO letter to shareholders outlining progress on contract wins, revenue growth, debt retirement, stronger liquidity, mission execution.
Revenue forecast set at USD 10 million in 2026 versus USD 1.1 million in 2025, driven by milestone-based NASA and U.S. Department of Defense contracts.
Cash on hand reported at USD 26.2 million as of April 23, 2026 versus USD 12.8 million at end-2025, cited as at least 12 months of runway.
Convertible debt of USD 1.35 million outstanding at end-2025 retired as of April 17, 2026, leaving no outstanding debt; USD 5 million common-stock private placement closed April 16, 2026.
Letter cited Vigoride 7 launch on March 30, 2026; said Vigoride 8 mission planned for 2027 is fully subscribed with NASA-awarded contracts; letter posted at https://investors.momentus.space/static-files/8b54d310-cdd1-4d63-9131-df18df6d8564.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Momentus Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605050800BIZWIRE_USPR_____20260505_BW776152) on May 05, 2026, and is solely responsible for the information contained therein.

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