IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with the CEO of Momentus, Inc. (Nasdaq: MNTS) to discuss the demonstration flight of the Vigoride orbital transfer vehicle, the vehicle’s MET technology, test operations for the remainder of the mission, deployment of customer satellites, and plans for customer expansion. The live event featured Momentus CEO John Rood joined by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a moderated video session lasting approximately 60 minutes and including a Q&A with the audience.
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About Momentus:
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. Momentus believes it can make new ways of operating in space possible with its planned in-space transfer and service vehicles that will be powered by an innovative water plasma-based propulsion system that is under development.
Mr. Rood discussed:
Demonstration flight of Vigoride orbital transfer vehicle
Vigoride’s MET technology
Vigoride test operations on FCC-licensed mission
Deployment of customer satellites
Customer profiles and future plans for expansion
About the Speaker:
John Rood is Momentus’ Chief Executive Officer (CEO) and Chairman of its Board of Directors. Since May 2020, Mr. Rood has served as Chief Executive Officer at John C. Rood and Associates LLC, where he assists clients in creating strategies for growth, market analysis, capturing new business, and managing customer relationships. Since April 2020, Mr. Rood has also served as an associate at SMA, Inc., a consulting firm which advises clients on initiatives and strategies for growth, assists with business growth, and execution of programs. Since July 2020, Mr. Rood has served as Security Director on the Board of Directors of Radisson Hospitality Inc. and became Chairman of the Board in September 2020. From January 2018 to February 2020, Mr. Rood served as the Undersecretary of Defense for Policy in the U.S. Department of Defense. In this role, he served as the principal advisor to the Secretary of Defense for defense policy and led the formulation and coordination of national security policy within the Department of Defense. From June 2014 to January 2018, Mr. Rood worked at Lockheed Martin, first as Vice President for Corporate Domestic Business Development and from March 2016 to January 2018 as Senior Vice President for Lockheed Martin International. Prior to joining Lockheed Martin, Mr. Rood was Vice President for U.S. Business Development at the Raytheon Company from March 2009 to June 2014. From September 2007 to January 2009, he served as Acting Undersecretary for Arms Control and International Security, and from October 2006 to September 2007, he served as the Assistant Secretary for International Security and Nonproliferation in the U.S. Department of State. Mr. Rood holds a B.S. degree in Economics from Arizona State University.
Contact:
Alan Hatfield, Director of Research
ah@capmarketsmedia.com
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