Source: streetinsider

Press Release: Momentus Space : Momentus is Major Partner on Team Selected for NASA Contract

Momentus (http://www.momentus.space), a leading in-space transportation company, today announced that it is a major team member on a pioneering proposal that has been selected for award by NASA to build a prototype of the TransAstra Mini Bee" asteroid mining vehicle. Momentus' Vigoride" satellite shuttle will join with the Mini Bee" system to provide full space flight capability. NASA has announced that it plans to award $2M for a Phase III NASA Innovative Advanced Concepts (NIAC) contract in the fall of 2019, pending successful contract negotiation. The $2M contract is part of a larger effort with industrial matching funds to complete the development and ground tests of this future smallsat asteroid mining technology demonstration.

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Mikhail Kokorich's photo - Founder & CEO of Momentus

Founder & CEO

Mikhail Kokorich

CEO Approval Rating

65/100

Momentus builds and operates a propulsion system that helps satellite operators to ride from one orbit to another. Read more