What is Momentus?
Momentus is a commercial space company dedicated to providing essential in-space transportation and infrastructure services. The company specializes in the development of orbital transfer vehicles and space tug systems, designed to facilitate the movement of satellites and payloads between various orbits. By offering robust orbital logistics and last-mile delivery solutions in space, Momentus serves a diverse clientele including satellite operators, government agencies, and other key players in the burgeoning space economy. As a publicly traded entity, Momentus is focused on constructing the critical infrastructure necessary to support the rapid growth of the space industry.
How much funding has Momentus raised?
Momentus has raised a total of $39.5M across 5 funding rounds:
Series A
$25.5M
Debt
$350K
Share Placement
$10M
Debt
$2M
Private Equity
$1.6M
Series A (2019): $25.5M with participation from Prime Movers Lab, the Lerner Family, Quiet Capital, Mountain Nazca, Ace & Company, Y Combinator, Drake Management, Liquid 2 Ventures, and University of Wyoming Foundation
Debt (2020): $350K led by PPP
Share Placement (2023): $10M, investors not publicly disclosed
Debt (2024): $2M, investors not publicly disclosed
Private Equity (2025): $1.6M, investors not publicly disclosed
Key Investors in Momentus
Mountain Nazca
Mountain Nazca is a multi-stage venture capital firm with operations in Latin America and the US, focusing on companies with global ambitions and applying innovative investment strategies.
Ace & Company
ACE Company is a multi-stage private equity and venture capital group specializing in Secondaries, Buyouts, and Ventures, with a global presence and a focus on supporting disruptive innovators.
What's next for Momentus?
The substantial enterprise-level funding secured by Momentus positions the company for accelerated growth and innovation in the competitive space transportation market. This capital infusion is expected to fuel the advancement of their orbital transfer vehicles and space tug systems, enhancing their capacity to serve a growing demand for in-space logistics. Strategic investments will likely be directed towards scaling operations, expanding research and development, and solidifying partnerships within the space ecosystem. Momentus's trajectory suggests a continued focus on building out the foundational infrastructure required for a more accessible and dynamic space economy, potentially leading to further market penetration and service diversification.
See full Momentus company page
