Momentus Inc. (NASDAQ:MNTS) has completed delivery of its Vigoride Orbital Service Vehicle to Vandenberg Space Force Base, positioning the spacecraft for deployment on SpaceX's Transporter-16 mission scheduled for late March 2026. The vehicle represents a milestone in the company's efforts to establish in-orbit servicing capabilities for government and commercial clients.
The mission is supported by approximately $6.1 million in contractual commitments from the Defense Advanced Research Projects Agency (DARPA) and the U.S. Space Force, underscoring military interest in orbital maintenance and logistics infrastructure. The program also benefits from partnership arrangements with NASA, reflecting broader government investment in space sustainability technologies.
Despite the operational progress, market sentiment remained subdued, with shares declining 1.21% to $4.91 on the announcement. The stock currently trades near its 52-week low, with technical indicators presenting a mixed picture—while the relative strength index signals neutral momentum, moving average convergence divergence analysis suggests downward pressure on the price trajectory.