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Momentus ($MNTS) Signs New Partnership for Hosted Payload with LuxSpace

Momentus (NASDAQ: MNTS) has announced a new service agreement with LuxSpace, a Luxembourg-based subsidiary of German headquartered satellite manufacturer OHB. The new agreement will allow LuxSpace to fly its Triton-X small satellite platform aboard a Vigoride Orbital Transfer Vehicle as early as 2023. The mission will include an in-orbit demonstration of key Triton-X subsystems and other technologies.

Triton-X is LuxSpace’s platform for small LEO satellites and constellations. The platform benefits from more than 15 years of experience from previous platforms, including the Triton-1 and 2 satellites. Designed as a multi-mission, scalable and high processing power product line, Triton-X can be flexibly adapted to a variety of LEO missions and payloads.

LuxSpace Chief Executive Officer Edgar Milic stated: “With the launch of Triton-X on Vigoride, LuxSpace is proudly validating in-orbit the ground-breaking capabilities of the main technologies of our Triton-X product line. As such, this mission will include a complete Triton-X Integrated Avionics Unit (IAU) together with an advanced communication transceiver and other technologies.”

Momentus is a U.S. commercial space company that plans to offer in-space infrastructure services, including in-space transportation, hosted payloads and in-orbit services.

Shares of Momentus trade on the NASDAQ under the ticker symbol MNTS.

 

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