Momentus, LuxSpace Ink Service Agreement For Hosted Payload

Momentus Inc MNTS has inked a service agreement with LuxSpace, a Luxembourg-based subsidiary of German-headquartered satellite manufacturer OHB.
LuxSpace will fly its Triton-X small satellite platform aboard a Vigoride Orbital Transfer Vehicle in 2023.
Triton-X is LuxSpace's ultimate platform for small LEO satellites and constellations. Designed as a multi-mission, scalable, and high processing power product line, Triton-X can be flexibly adapted to various LEO missions and payloads.
"We're honored to support LuxSpace on their journey to orbit," said Momentus CEO John Rood.
Price Action: MNTS shares are trading lower by 5.26% at $1.98 on the last check Friday.