Momentus raises $7 million through warrant exercise agreement

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Go back to Momentus raises $7 million through warrant exercise agreement

Momentus Announces a Warrant Inducement Transaction for $7.0 Million in Gross Proceeds

October 14, 2025 11:47 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) (Momentus or the Company), a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, today announced its entry into a warrant inducement agreement with an existing institutional investor of the Company for the immediate exercise of (i) the March 2025 warrants to purchase up to 2,142,858 shares of common stock, and (ii) the July 2025 warrants to purchase up to 2,836,880 shares of common stock, for a total of 4,979,738 warrants (together, the Existing Warrants). The March 2025 Existing Warrants will be... More