Nov 7, 2025 5:00 PM Eastern Standard Time Momentus Grants Inducement Awards to Two New Employees Share Industry: SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) ("Momentus†or the "Company†), a U.S. commercial space company that offers satellite buses, transportation and other in- space infrastructure services, today announced the granting of inducement awards to two new employees under Momentus' 2022 Inducement Equity Plan. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were ...

Group 1: AI and Software Development - Replit, an AI software developer, raised $250 million at a $3 billion valuation, with annualized revenue increasing from $2.8 million to $150 million in less than a year [2][4] - Cognition AI raised $400 million at a $10.2 billion valuation, with annual recurring revenue climbing to $73 million from $1 million in September 2024 [27][28] - Cursor, another code-generation startup, raised $900 million at a $10 billion valuation, focusing on suggesting and completing lines of code [6] Group 2: Electric and Hybrid Technologies - Arc Boats secured a $160 million order for eight hybrid-electric tugboats, expected to reduce pollution and comply with environmental regulations [7][8][10] - The hybrid system allows for space-saving designs by eliminating large diesel engines, improving air quality around ports [10][12] Group 3: Healthcare Innovations - SafeHeal raised an additional €10 million to develop Colovac, a device aimed at transforming colorectal surgery for cancer patients [35][36] - TERN Group, a clinical AI workforce platform, raised €20 million to address healthcare workforce shortages, aiming for 60% faster hiring and 3x cost savings compared to traditional models [41][45][46] Group 4: Space and Defense - Apex, a spacecraft startup, achieved a valuation over $1 billion, with funding aimed at speeding up spacecraft production by 50% [18][19] - The demand for low-Earth orbiting satellite constellations is driven by military and geopolitical competition, particularly from the U.S., Russia, and China [22][23] Group 5: Material Discovery and AI - CuspAI secured over €85 million to revolutionize materials discovery using AI, promising to generate new candidates up to 10x faster than traditional methods [29][32] - The company combines generative AI with advanced simulations to accelerate the design of materials [32][34]