“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.
Share This With A Friend:

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 our Membership risk-free for 90 days with a full money-back guarantee. If it's not for you, we'll give you a refund -- no questions asked.

american dream investing portfolio

Leave a Comment

You must be logged in to post a comment.

We Are Individual Investors Beating The Market And We Invite You To Trade Alongside Us

American Dream Investing is a family-owned financial membership service and news publication. We're dedicated to sharing independent and unconventional thoughts on building generational wealth through the stock market.

Dangers of Diversification American Dream Investing

Find Out Why Diversification Could Limit Your Returns

Included with your report is a subscription to The American Dream Journal, our free newsletter with market insights and fresh ideas.

Your email address will never be shared and you can unsubscribe anytime.

Something went wrong. Please check your entries and try again.

90 Day
Money Back Guarantee

Trade alongside an individual investor who's DOUBLED the market over the last ten years 

(569% return vs. the S&P’s 267%, as of 12/31/20).

Our average annual return over those ten years is

20.93% compared to 13.88% for the S&P 500.

Try our Membership risk-free for 90 days. If it's not for you, we'll give you a full refund -- no questions asked!