Momentus Inc.
Sector: Guided Missiles & Space Vehicles & PartsIndustry: Aerospace & DefenseCountry: USExchange: Nasdaq
DilutionScan read 25 of Momentus Inc.'s SEC filings and found 29 warrant series, 5 convertibles, 1 ATM program, 1 equity line, 4 shelf registrations, 3 S-1 registrations and 7 completed offerings on file for MNTS. The latest dilution event on file is ATM sales on Aug 11, 2026. Analysis updated Oct 6, 2026.
Signal8 Summary
MNTS
Cash crisis resolved by heavy dilution
Snapshot
Momentus is a small-cap space infrastructure company that was recently on the brink of insolvency. In FY 2025, revenue collapsed 47.5% to just $1.1 million, while the company lost $30.5 million. The business burns cash aggressively, with R&D and administrative costs totaling $25.2 million against that tiny revenue base. As of year-end 2025, cash was only $12.8 million against $11.3 million in debt, leaving a runway of roughly seven months.
What's Happening Right Now
- : Momentus established an at-the-market offering program allowing it to sell up to $75 million of stock over time to fund working capital and general corporate purposes.
- : The company secured a commercial contract with the University of Colorado Boulder to provide in-orbit services for the OWLS mission on its Vigoride-9 vehicle.
- : Momentus raised $25 million in a registered direct offering at $13.50 per share, stating the proceeds eliminate substantial doubt about its ability to continue as a going concern.
- : The Vigoride 7 Orbital Service Vehicle successfully launched to low-Earth orbit aboard a SpaceX Transporter-16 mission, marking a key operational milestone.
