Market Overview - U.S. stocks experienced a decline, with the Nasdaq Composite falling approximately 0.4% on Monday. The Dow decreased by 0.27% to 48,328.47, while the S&P 500 dropped 0.11% to 6,819.62 [1] - In the commodities market, oil prices fell by 1.5% to $56.58, while gold decreased by 0.1% to $4,366.60. Conversely, silver rose by 2.2% to $63.395, and copper increased by 1.1% to $5.4175 [5] Sector Performance - Health care shares saw an increase of 0.9% on Monday, indicating a positive trend in that sector [1] - Energy stocks, however, experienced a decline of 1.5% [1] International Markets - European shares showed positive performance, with the eurozone's STOXX 600 gaining 0.74%. Spain's IBEX 35 Index rose by 1.11%, and London's FTSE 100 jumped by 1.06% [6] - In contrast, Asian markets closed lower, with Japan's Nikkei falling by 1.31% and Hong Kong's Hang Seng dipping by 1.34% [7] Economic Indicators - The NAHB/Wells Fargo Housing Market Index increased to 39 in December, marking the highest reading in eight months, up from 38 in November and exceeding market estimates of 38 [2][10] - The NY Empire State Manufacturing Index fell to -3.9 in December, a significant drop from the previous month's one-year high of 18.7, and below market expectations of 10 [8] Company News - 3 E Network Technology Group Ltd (NASDAQ:MASK) shares surged by 47% to $0.44 following a master services agreement for an AI data center in Finland [9] - Kyverna Therapeutics Inc (NASDAQ:KYTX) shares rose by 28% to $11.22 after announcing topline data from KYSA-8 [9] - Artiva Biotherapeutics Inc (NASDAQ:ARTV) shares increased by 50% to $4.94 after reporting positive initial safety data [9] - iRobot Corp (NASDAQ:IRBT) shares plummeted by 72% to $1.20 after filing for Chapter 11 bankruptcy [9] - Argo Blockchain PLC – ADR (NASDAQ:ARBK) shares fell by 22% to $5.35 amid volatility in the cryptocurrency market [9] - Momentus Inc (NASDAQ:MNTS) shares dropped by 43% to $0.48 following a 1-for-17.85 reverse split announcement [9]

Core Viewpoint - A few space-related stocks have seen significant increases, with Momentus (MNTS.US) rising over 15%, Destiny Tech100 (DXYZ.US) increasing over 10%, and EchoStar (SATS.US) up over 4%. This surge is linked to SpaceX's plans for an IPO that could raise over $30 billion, potentially making it the largest IPO in history with a valuation of approximately $1.5 trillion, targeted for mid to late 2026 [1]. Group 1 - SpaceX is advancing its IPO plans, aiming to raise significantly more than $30 billion [1] - The IPO could achieve a valuation of around $1.5 trillion [1] - If successful, this IPO would become the largest in history [1] Group 2 - Momentus (MNTS.US) stock increased by over 15% [1] - Destiny Tech100 (DXYZ.US) stock rose by over 10% [1] - EchoStar (SATS.US) stock went up by over 4% [1]

Core Viewpoint - A few space-related stocks have seen significant increases, driven by news of SpaceX's plans for an IPO aiming to raise over $30 billion, potentially becoming the largest IPO in history with a valuation of approximately $1.5 trillion [1] Group 1: Stock Performance - Momentus (MNTS.US) rose over 15% [1] - Destiny Tech100 (DXYZ.US), a fund associated with SpaceX, increased by more than 10% [1] - EchoStar (SATS.US) saw a rise of over 4% [1] Group 2: SpaceX IPO Plans - SpaceX is advancing its IPO plans to raise significantly more than $30 billion [1] - The company is targeting a valuation of around $1.5 trillion for the IPO [1] - The anticipated timeline for the IPO is between mid-2026 to the end of 2026 [1]

Group 1 - The core viewpoint of the article highlights the significant rise in space-related stocks, particularly Momentus, Destiny Tech100, and EchoStar, following news of SpaceX's IPO plans [1] - SpaceX is reportedly advancing its initial public offering (IPO) plan, aiming to raise over $30 billion, which would make it the largest IPO in history if successful [1] - The company is seeking an overall valuation of approximately $1.5 trillion in the IPO and plans to go public as early as mid to late 2026 [1]

Financial Performance - Service revenue for the three months ended September 30, 2025, was $234,000, a 118.7% increase from $107,000 in the same period of 2024[15]. - Gross profit for the nine months ended September 30, 2025, was $745,000, compared to $1,763,000 for the same period in 2024, indicating a decline of 57.8%[15]. - Net loss for the three months ended September 30, 2025, was $11,074,000, compared to a net loss of $7,758,000 for the same period in 2024, reflecting a 42.5% increase in losses[15]. - Momentus reported a net loss of $23.7 million for the nine months ended September 30, 2025, with an accumulated deficit of $431.7 million as of the same date[27]. - The company incurred a net loss of $23.1 million for the nine months ended September 30, 2024, indicating ongoing financial challenges[21]. Assets and Liabilities - Total assets increased to $19,601,000 as of September 30, 2025, compared to $9,952,000 as of December 31, 2024, representing a 96.5% growth[13]. - Cash and cash equivalents decreased to $670,000 as of September 30, 2025, from $1,572,000 as of December 31, 2024, a decline of 57.6%[13]. - Total current liabilities increased to $17,324,000 as of September 30, 2025, compared to $15,010,000 as of December 31, 2024, an increase of 15.4%[13]. - The accumulated deficit as of September 30, 2025, was $(431,689,000), up from $(407,993,000) as of December 31, 2024, indicating a worsening of the deficit by 5.8%[13]. - The total stockholders' deficit improved to $(694,000) as of September 30, 2025, from $(7,810,000) as of December 31, 2024, showing a reduction of 91.1%[13]. Cash Flow and Financing - The company used net cash of $12.7 million to fund its operating activities during the nine months ended September 30, 2025, and had cash and cash equivalents of $0.7 million at the end of the period[28]. - The company expects to finance its operations through equity or debt financings, which may not be available on favorable terms[30]. - If the company cannot raise additional capital, its operations may need to be scaled back or halted altogether[31]. - The company continues to seek opportunities to access additional capital through various means to alleviate its financial conditions[30]. Research and Development - Research and development expenses for the nine months ended September 30, 2025, were $6,436,000, a decrease of 16.8% from $7,731,000 in the same period of 2024[15]. - Research and development costs are expensed as incurred, focusing on developing existing and future technologies for the Company's vehicles[83]. Debt and Loans - The Company entered into a loan agreement with J.J. Astor & Co. for up to $1.5 million, structured in two tranches of $0.75 million each, with a maturity date of March 6, 2026[110]. - The May 2025 Loan requires repayment in 40 weekly installments of $25,000, with at least 10% in cash and the remainder in shares at a conversion price of $1.70 per share[110]. - The Company prepaid $1.0 million to extinguish the May 2025 Loan, which included a $0.1 million termination fee, and recognized a $0.5 million loss on extinguishment[116]. - The Company recognized a $0.8 million loss on extinguishment related to the December 2024 Loan, which was prepaid for $2.4 million[124]. - The total loan payable as of September 30, 2025, consisted of convertible promissory note principal of $3.0 million and accrued interest of $0.4 million[152]. Stock and Equity - The Company issued warrants to purchase up to 952,940 shares of Class A common stock at an exercise price of $1.70 per share in connection with the May 2025 Loan[112]. - The Company issued new warrants to purchase up to 4,862,058 shares of Class A common stock at an exercise price of $1.11 in connection with the warrant inducement agreement[195]. - The Company has the right to direct an investor to purchase up to $50.0 million in shares of Class A common stock at a price of $1.24 per share under the September 2025 Equity Line of Credit (ELOC)[186]. Operational Highlights - Momentus has launched four missions to date, deploying 17 customer satellites and providing hosted payload services, demonstrating significant flight heritage with its Vigoride Orbital Service Vehicle[23]. - The company is advancing its M-1000 satellite bus, which integrates innovations for improved sensor capability, maneuverability, and lower costs, positioning it to meet growing demand in the satellite bus market[24]. - The company has produced its next OSV, Vigoride 7, intended for a mission in 2026, reflecting its commitment to future growth[23]. Fair Value Measurements - As of September 30, 2025, the Company has no assets measured at fair value on a recurring basis, but has liabilities including warrants and convertible notes classified within Level 3 of the fair value hierarchy[56]. - The Company uses the Black-Scholes option pricing model to measure the fair value of warrants and convertible instruments, requiring management to make assumptions about stock price volatility and expected life[79].

Core Points - Momentus Inc. has granted inducement awards to two new employees as part of its 2022 Inducement Equity Plan, approved by the Compensation Committee [1][2] - The inducement awards consist of 2,000 restricted stock units (RSUs) with a four-year annual vesting schedule, contingent on the employees' continued service [2] - Momentus is a U.S. commercial space company that provides satellite buses, transportation, and in-space infrastructure services [3] Additional Developments - Momentus has entered into a partnership with DPhi Space to launch the Clustergate-2 payload aboard its Vigoride 7 orbital service vehicle [6] - The company has announced a warrant inducement transaction with an existing institutional investor, aiming for $7.0 million in gross proceeds [7] - Momentus signed a $15 million global agreement with Solstar Space to enhance low Earth orbit capabilities for various commercial and governmental needs [8]

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 MOMENTUS INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) As filed with the Securities and Exchange Commission on October 24, 2025. Registration No. 333- If this Form is filed to register additional securities for an offering ...

As filed with the Securities and Exchange Commission on October 17, 2025. Registration No. 333-290243 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 MOMENTUS INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 3714 84-1905538 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 390 ...

Core Insights - Momentus (MNTS) shares experienced a 20% increase on October 14 following a new agreement with NASA, coinciding with NASA's organizational restructuring that includes job reductions, potentially benefiting private contractors like Momentus [1][3]. Company Overview - Momentus operates in the space infrastructure services sector, offering a diverse portfolio that includes satellite solutions, in-space transportation, and orbital infrastructure, positioning the company favorably in the growing commercial space market [3][4]. - The company serves both government and commercial clients across various space missions, which creates multiple revenue streams and growth opportunities [4]. Recent Performance - Momentus stock has been lucrative for high-risk investors, trading over 50% above its year-to-date low from mid-August [2]. - The recent NASA deal has validated Momentus' business model, making the stock attractive for speculative investors interested in in-space logistics and satellite servicing [3][4]. Challenges and Concerns - Despite the excitement surrounding the NASA agreement, there are concerns regarding the stock's surge, as Momentus shares were trading near the $1 level prior to the rally, indicating potential delisting risks [5]. - The absence of Wall Street coverage raises questions about institutional confidence in Momentus' business model and financial transparency [6]. - The company has faced execution challenges, regulatory setbacks, and issues with its orbital service vehicle, Vigoride, which has led to doubts about scalability and revenue generation [6][7]. - Momentus currently lacks consistent cash flow and proven commercial traction, making it more reliant on speculative interest rather than solid fundamentals [7].

Core Viewpoint - Momentus Inc. has entered into a warrant inducement agreement with an existing institutional investor for the immediate exercise of warrants to purchase shares of common stock [1] Group 1: Company Actions - The company announced the immediate exercise of March 2025 warrants to purchase up to 2,142,858 shares of common stock [1] - Additionally, the company is facilitating the exercise of July 2025 warrants, although specific details on the number of shares were not provided in the announcement [1]