“Momentus And The Business Of Space”: New Forbes Post

Momentus is a space infrastructure company that is scheduled to go public this year. They’ve partnered with SpaceX and count NASA and Lockheed Martin as early customers. Momentus says it has $90 million in signed contracts and $1.1 billion under negotiation.
One aspect of space travel that has not exactly captured the public’s imagination is the grunt work required to transport payloads between orbits. Vessels handling this essential task are known as space tugs, the “tow trucks” of outer space

Though rocket launches might get all the glory, space tugs are critical elements needed to launch the burgeoning space economy into hyperdrive.

Previously, the tremendous expense required to launch a rocket carrying only one or two satellites has stymied smaller satellite companies. Now, these companies can hitch a ride on a SpaceX Falcon 9 rocket carrying dozens of satellites. Momentus’ Vigoride space tug, also on board, will then deliver these small satellites the “last mile” between orbits while also collecting used cargo that can later be repurposed or reused.

Momentus CEO Mikhail Kokorich and Karl Kaufman discussed the economics of space, why going public via SPAC is more beneficial than a traditional IPO and the environmental concerns about the space economy.

Read below, via Forbes:

Momentus Mikhail Kokorich Karl Kaufman Forbes American Dream Investing
American Dream Investing Members received a special update yesterday with analysis of the company and information on how to gain access to this investment opportunity. We invite you to see what it’s like to be a Member: get our instant text alerts, Model Portfolios and exclusive market analysis for less than $2/day.

Ready to find out more?

We're watching the stock market so you won't have to. Get our instant text and email trade alerts whenever we make a trade and gain exclusive access to a multi-million dollar portfolio.

Try out Membership today with a 60-day free trial.

american dream investing portfolio

Leave a Comment

You must be logged in to post a comment.

Transform Your Portfolio

Trade alongside an individual investor who's more than QUADRUPLED the market over the last ten years 

(938.38% return vs. the S&P’s 229.36%, as of 7/31/2023).

The average annual return over those ten years is

26.37% compared to 12.66% for the S&P 500.

Try out Membership today with a 90 day money-back guarantee.