Group 1 - Momentus has signed a new deal with the Defense Advanced Research Projects Agency (DARPA) to build large-scale structures in space, including transporting raw materials from Earth for orbital construction [1][2] - The program Momentus is joining is called DARPA Novel Orbital and Moon Manufacturing, Materials, and Mass-efficient Design (NOM4D), focusing on building solar arrays, antennas, and optics in space [2] - Momentus CEO John Rood expressed enthusiasm about the partnership, highlighting the capabilities of Vigoride to support the demonstration of NOM4D technologies that address current limitations in in-space structures [3] Group 2 - Following the announcement of the DARPA deal, Momentus stock (MNTS) experienced significant trading activity, with over 39 million shares traded, far exceeding its average daily volume of approximately 1.1 million shares [3] - As of Thursday morning, MNTS stock has risen by 12.3% [4]
Momentus (MNTS) Stock Blasts Off on New DARPA Deal