Momentus Space

[gongora]

Stable Road Acquisition Corp. Stockholders Approve Proposed Business Combination with Momentus

August 11, 2021 11:56 AM Eastern Daylight Time
VENICE, Calif.--(BUSINESS WIRE)--Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (“Stable Road”) announced today that stockholders of Stable Road approved the proposed business combination with Momentus Inc. (“Momentus”), a U.S. commercial space company that plans to offer in-space infrastructure services, at the special meeting of stockholders (the “Special Meeting”) held on August 11, 2021.

“The overwhelming support that our stockholders showed us by approving the business combination with a relatively small amount of redemptions speaks to the value proposition that we saw in Momentus. We appreciate our stockholders’ strong engagement and look forward to concluding the business combination with Momentus tomorrow.”

The combined company will retain the Momentus name and its securities are expected to begin trading on the NASDAQ Global Select Market under the new symbol “MNTS” for Momentus stock and "MNTSW" for Momentus warrants on August 13, 2021, following the close of the business combination, which is expected to take place on August 12, 2021.

Over 97% of the votes cast at the meeting voted to approve the business combination. Holders of approximately 55% percent of Stable Road’s issued and outstanding shares cast votes at the Special Meeting.

Stable Road also announced that an aggregate of approximately 3.5 million shares of Stable Road’s Class A common stock were submitted for redemption by public stockholders in connection with the vote, representing approximately 20% of all issued and outstanding shares of Class A common stock. After giving effect to the redemptions, approximately $137 million will be disbursed from Stable Road’s trust account to Momentus upon the closing of the business combination which, when combined with the $110 million equity PIPE expected to be consummated concurrently with the closing, will provide Momentus with approximately $247 million in total available cash, before transaction fees, expenses and payments related to the previously announced repurchase of its co-founders’ shares.

Brian Kabot, Chairman and Chief Executive Officer of Stable Road, commented on the results of the meeting: “The overwhelming support that our stockholders showed us by approving the business combination with a relatively small amount of redemptions speaks to the value proposition that we saw in Momentus. We appreciate our stockholders’ strong engagement and look forward to concluding the business combination with Momentus tomorrow.”

[FutureSpaceTourist]

Lost one launch customer due to a slip:

https://twitter.com/jeff_foust/status/1427247637451919363

Rocket Lab notes that the customer was to launch “on a different rocket and orbital transfer vehicle.” AuroraSat-1 was originally manifested on a Momentus Vigoride tug whose launch slipped to mid-2022. It’ll launch in Q4 2021 with Rocket Lab instead.

[su27k]

Momentus Announces Changes to Leadership Team

Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced that President Fred Kennedy has resigned from the Company effective January 21.

[Asteroza]

Momentus is back baby. Vigoride first ride on SpaceX Tranporter 5, and they will also launch on Transporter 6-9

https://investors.momentus.space/news-releases/news-release-details/momentus-signs-launch-services-agreements-spacex


For reference, is Momentus directly handling rideshares on Vigoride right now, or is it being done through an aggregator like SpaceFlight?

[russianhalo117]

Momentus is back baby. Vigoride first ride on SpaceX Tranporter 5, and they will also launch on Transporter 6-9

https://investors.momentus.space/news-releases/news-release-details/momentus-signs-launch-services-agreements-spacex


For reference, is Momentus directly handling rideshares on Vigoride right now, or is it being done through an aggregator like SpaceFlight?

Now that the company has been cleared by western governments of unauthorised executives, staff and partnerships the company was unfrozen and allowed to resume operations flights can begin.

[TrevorMonty]

Thats good news, would've been pity to see their technology never fly.

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[Tywin]

Any news about the Vigoride?

[TrevorMonty]

Didn't realized they had launched first Vigoride.

Any news about the Vigoride?

SAN JOSE, Calif.--(BUSINESS WIRE)--May 27, 2022-- Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced a status update on its first demonstration mission.
We have established two-way contact with the Vigoride Orbital Transfer Vehicle, and as is often the case with a new spacecraft, have had some initial anomalies. We are using an unplanned frequency as we work through this and are applying for a Special Temporary Authority (STA) with the FCC to address that in order to help command the vehicle back to nominal configuration. Our engineering and operations team is working to address the anomalies.


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[gongora]

SAT-STA-20220527-00056

Momentus has determined that the communications equipment on VR-3 is erroneously operating on different center frequencies (i.e., 8250 MHz (downlink) and 2067.5 MHz (uplink))(the “New Frequencies”). To avoid the potential loss of the VR-3 spacecraft and its payloads during this critical period after deployment, Momentus has commenced operations on the New Frequencies to communicate with VR-3 and address the anomalies expeditiously. Also, Momentus will attempt to set the operating frequencies to the originally authorized center frequencies.

[Asteroza]

SAT-STA-20220527-00056

Momentus has determined that the communications equipment on VR-3 is erroneously operating on different center frequencies (i.e., 8250 MHz (downlink) and 2067.5 MHz (uplink))(the “New Frequencies”). To avoid the potential loss of the VR-3 spacecraft and its payloads during this critical period after deployment, Momentus has commenced operations on the New Frequencies to communicate with VR-3 and address the anomalies expeditiously. Also, Momentus will attempt to set the operating frequencies to the originally authorized center frequencies.

So, what's a typical cause for a center frequency shift after launch, for those of us who are not familiar with the nitty gritty analog end of RF? Vibration damage to the transceiver? Since it's probably a SDR, what's a typical timing source?

[gongora]

So, what's a typical cause for a center frequency shift after launch, for those of us who are not familiar with the nitty gritty analog end of RF? Vibration damage to the transceiver? Since it's probably a SDR, what's a typical timing source?

Did they actually say it happened after launch?

[Asteroza]

So, what's a typical cause for a center frequency shift after launch, for those of us who are not familiar with the nitty gritty analog end of RF? Vibration damage to the transceiver? Since it's probably a SDR, what's a typical timing source?

Did they actually say it happened after launch?

If the frequencies were off-center before launch, that's a bad look....

[Steven Pietrobon]

The centre frequencies could be selected by the computer. It could be that the default frequencies were selected or that the incorrect frequency selection was programmed. There could also be a problem in the data path from the computer to the register that is used to select the centre frequency.

[soltasto]

IMO the most likely cause is that they used a "cheap" oscillator (cheap in space terms) that has drifted from its nominal frequency due to the harsher conditions of space. Wouldn't be the first time something like this has happened.

[TrevorMonty]

The important thing is propulsion test hopefully that happens.

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[gongora]

Momentus First Demonstration Mission Update #2

May 31, 2022 06:03 AM Eastern Daylight Time
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced a status update on its first demonstration mission.

Over the weekend, we successfully deployed two customer satellites. We plan to continue work to address the anomalies on the Vigoride spacecraft announced on May 27 and deploy additional customer satellites.

[gongora]

Momentus First Demonstration Mission Update #3

June 13, 2022 04:33 PM Eastern Daylight Time
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today provided its third Mission Update since the launch of its Vigoride-3 spacecraft on May 25.

“During this first launch of the Vigoride vehicle to space, we have learned a great deal and plan to incorporate improvements in other Vigoride vehicles currently being assembled and ground-tested. This was the primary purpose of this initial Vigoride mission”

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As we previously stated in earlier updates on the inaugural flight of the Vigoride orbital transfer vehicle, the spacecraft experienced anomalies after its launch on May 25. Since that time, we have continued work to address the anomalies and identify root causes. Of note, the deployable solar arrays that are produced by a third party and are folded and stowed during launch did not operate as intended once in orbit. This resulted in power and communications issues with the vehicle, even though the body mounted solar panels did operate as intended. We have been working closely with the third-party producer of the solar arrays, and in collaboration with that company have identified what we believe is the root cause of the arrays not operating as intended. We also believe we have identified the likely root cause of the other anomalies, although further analysis continues.

After initially experiencing these anomalies, we were able to deploy two customer satellites from Vigoride on May 28. Since that time, we have continued efforts to deploy other customer satellites, but have not confirmed any subsequent deployments. While we previously established two-way communications with the Vigoride vehicle, we have not been able to continue such two-way communication, which we believe is due to the low power situation on the vehicle due to the deployable solar arrays not operating as intended.

In an earlier update on May 27, we indicated that we were using an unplanned frequency as we worked through the anomalies and were applying for a Special Temporary Authority (STA) from the FCC to address that situation. On June 9, we received approval of a 30-day STA from the FCC as requested.

We are continuing efforts to address the anomalies, but our level of confidence that we will be able to deploy additional customer satellites from Vigoride and perform some planned operations of the vehicle on this test and demonstration mission has substantially declined.

On a second port on the launch vehicle on May 25, we also used third party hardware from a partner company to deploy another customer satellite in orbit. Using this hardware, our partner deployed four other satellites for their customers during this launch.

“During this first launch of the Vigoride vehicle to space, we have learned a great deal and plan to incorporate improvements in other Vigoride vehicles currently being assembled and ground-tested. This was the primary purpose of this initial Vigoride mission,” said John Rood, CEO of Momentus. “As we stated prior to the launch, we fully expected to experience challenges during this test and demonstration mission and to learn from them, which is what we are doing.”

Momentus’ plans for additional launches of the Vigoride vehicle later this year and in 2023 remain as stated in the Q1 earnings call on May 10, 2022, with agreements signed with SpaceX for launches on upcoming Transporter missions in 2022 and 2023, including Transporter 6 currently targeted for November 2022. We are working to incorporate improvements identified during the current mission on the other Vigoride vehicles that we plan to fly in space during these missions.

“I appreciate the dedication of the team at Momentus that has enabled us to conduct our first launch of customer satellites and the Vigoride vehicle,” said Rood. “This included months of detailed work to implement our National Security Agreement overseen by the Department of Defense and Department of the Treasury, and working with the Federal Aviation Administration (FAA), Federal Communications Commission (FCC), and National Oceanographic and Atmospheric Administration (NOAA) to obtain the necessary government licenses, determinations, and approvals to conduct this flight.”

Rood went on to say, “Space is a notoriously unforgiving environment. Like other companies that have worked through initial challenges to create successful capabilities, our engineering team at Momentus is focused on learning as much as possible from the remainder of the current Vigoride mission, and utilizing industry best practices to implement corrective actions and lessons-learned for our upcoming missions.”

[Asteroza]

Ouch!

So flaky radio, bad solar array deployment, and no MET thruster test.

[TrevorMonty]

Ouch!

So flaky radio, bad solar array deployment, and no MET thruster test.

They think comms issues are due to low power  ie solar arrays.

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[Steven Pietrobon]

Do we know the names of the two satellites that were deployed?