Momentus to go public
Capitalism in space: Momentus, an company focused on providing tugboat services in orbit, will become a publicly traded stock in conjunction with its merger with another investment company.
In recent months, Momentus has expanded its staff and business line to include hosting payloads and capturing satellites already in orbit with a robotic arm the firm is developing with Made In Space Europe, a Redwire subsidiary.
Through the merger and public offering, Momentus hopes to obtain capital to speed up development of its family of space tugs. In addition to Vigoride, Momentus is developing Ardoride, a vehicle to move small and medium-size satellites to custom orbits, and Fevoride, a vehicle to move “dozens of tons of cargo anywhere in outer space,” according to the Momentus website.
With this deal I think there will be two new space companies traded publicly, Momentus and Virgin Galactic. Unlike Virgin Galactic, whose stock is based on smoke and mirrors, Momentus is actually providing a commercial product that fills a need in space, and sounds like a good investment.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Capitalism in space: Momentus, an company focused on providing tugboat services in orbit, will become a publicly traded stock in conjunction with its merger with another investment company.
In recent months, Momentus has expanded its staff and business line to include hosting payloads and capturing satellites already in orbit with a robotic arm the firm is developing with Made In Space Europe, a Redwire subsidiary.
Through the merger and public offering, Momentus hopes to obtain capital to speed up development of its family of space tugs. In addition to Vigoride, Momentus is developing Ardoride, a vehicle to move small and medium-size satellites to custom orbits, and Fevoride, a vehicle to move “dozens of tons of cargo anywhere in outer space,” according to the Momentus website.
With this deal I think there will be two new space companies traded publicly, Momentus and Virgin Galactic. Unlike Virgin Galactic, whose stock is based on smoke and mirrors, Momentus is actually providing a commercial product that fills a need in space, and sounds like a good investment.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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