Reported Earnings • Aug 13
Second quarter 2026 earnings released: US$0.70 loss per share (vs US$22.03 loss in 2Q 2025) Second quarter 2026 results: US$0.70 loss per share. Net loss: US$8.27m (loss widened 28% from 2Q 2025). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Aerospace & Defense industry in the US. Announcement • Jul 31
Momentus Inc. Demonstrates Milestone Execution With Vigoride 7 Orbital Service Vehicle And Provides Updates On Payload Mission Execution Momentus Inc. announced its Vigoride 7 Orbital Service Vehicle (OSV) has successfully completed another key milestone during its mission, which is scheduled to last for several months. The Vigoride 7 mission began on March 30, 2026 when the OSV was launched to low-Earth orbit on the SpaceX Transporter 16 mission. The Vigoride 7 OSV is carrying 10 payloads for a range of customers including NASA and U.S. Defense Department/Department of War organizations and commercial customers. The Vigoride 7 OSV has completed a series of orbit-lowering maneuvers, reducing its altitude nearly 20 km through more than 50 controlled and precisely timed operations of both of its on-board Microwave Electrothermal Thrusters (METs) that utilize water as its propellant. The innovative Momentus MET has now cumulatively been used over 400 times to maneuver the Vigoride spacecraft on the Company’s missions since 2023 demonstrating the maturity of this proprietary system. In addition to completing orbit-lowering maneuvers, Momentus and its mission partners continue to operate hosted payloads on the Vigoride 7 mission. Two hosted payloads developed by Momentus are showing good results. Vigoride’s momentum wheels, flown on the vehicle for the first time, are working smoothly and responding to commands as expected. Flight testing of a titanium, additively manufactured fuel tank designed by Momentus is going well and holding pressure as expected. The flight test of this fuel tank is a key step in demonstrating the potential of additive manufacturing, otherwise known as 3D printing, to accelerate innovation in spacecraft design, reduce production timelines, and enable complex geometries that improve performance of mission-critical spacecraft components. The Momentus designed fuel tank is of the type that is in high demand as small satellites are produced in much greater numbers. Momentus and our mission partners continue to operate and execute mission plans for other hosted payloads on Vigoride 7 that provide communications, on-board computing, and conduct in-space assembly of structures. The Company plans to provide further updates on these payloads and the ongoing Vigoride 7 mission in the future. The Company’s upcoming fully-booked Vigoride 8 mission is scheduled to fly in 2027 carrying two NASA payloads. Momentus has also begun work on its Vigoride 9 spacecraft. Momentus still has capacity available on the Vigoride-9 mission. Announcement • Jul 29
Momentus Completes Spacecraft Critical Design Review for Vigoride 8 Mission Launch Momentus has announced the successful completion of the Spacecraft Critical Design Review (CDR) for its Vigoride 8 mission, transporting two hosted payloads under contracts with NASA. Successful completion of this key program milestone formally concludes the design and analysis phase of the preparation of the spacecraft. Momentus has been successfully executing two contracts from NASA to carry two cutting-edge hosted payloads in orbit: the Spaceworks COSMIC payload and the Juno Rotating Detonation Rocket Engine (RDRE) payload. NASA and mission customers from Spaceworks, COSMIC, and Juno attended the Vigoride 8 review onsite at Momentus’ San Jose headquarters where all subsystems and systems were examined in a detailed nine-hour review. At the conclusion of the review, the Vigoride 8 design received a “green” overall status to proceed, which signifies design maturity and program discipline underscoring Momentus’ space heritage, and reliance on this unique insight and expertise to enable precise design and comprehensive mission plans at a competitive pace. The Company’s upcoming fully booked Vigoride 8 mission is scheduled to fly in 2027 with these NASA-hosted payloads. Momentus has also begun work on its subsequent Vigoride 9 spacecraft and mission planning. Momentus still has capacity available on the Vigoride 9 mission, and organizations interested in securing a payload slot can contact the Momentus Commercial team.