SANTA CLARA, Calif.--(BUSINESS WIRE)--Momentus Inc. ("Momentus" or the "Company"), a U.S. commercial company that plans to offer transportation and in-space infrastructure services, today announced a launch services agreement with the Danish Students CubeSat Program (DISCO).
The launch services agreement was formally signed earlier this year and is focused on a mid-2022 launch and delivery of a 1U CubeSat to its low-Earth orbit destination aboard a Momentus Vigoride service vehicle.
"Allowing students to conduct science in orbit challenges, energizes and encourages a new generation of STEM advocates," said Momentus Chief Revenue Officer Dawn Harms. "We're looking forward to helping the DISCO team achieve its mission objectives."
The DISCO satellite will host a series of student experiments from across a consortium of four Danish universities and serve as a communication station for radio amateurs around the world. One of the DISCO team's goals is to learn to use S-band frequencies for communications with the 1U satellite. This could allow subsequent DISCO satellites to send much more significant amounts of data down to Earth.
"DISCO-1 will be the first in a series of hopefully many CubeSats that we will launch in the DISCO program," said Associate Professor at Aarhus University and leader of the DISCO project Christoffer Karoff. "We are extremely happy for the collaboration with Momentus. They have been very helpful in guiding us through the complicated process of launching a satellite."
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. The Company anticipates flying its first two Vigoride vehicles to Low Earth Orbit on a third-party launch provider as early as June 2022, subject to receipt of appropriate government licenses and availability of slots on its launch provider's manifest.
DISCO is Denmark's national CubeSat program and is a collaboration between by Aalborg University, Aarhus University, University of Southern Denmark, IT University, the House of Natural Science and the Danish Industry Foundation as well as a number of space companies to give students the opportunity to work with science and space technology in a practical way with the goal of increasing the number of candidates from Danish universities with competencies within space.
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In connection with the proposed transaction contemplated by the merger agreement between Stable Road Acquisition Corp. (“Stable Road”) and Momentus (the “Proposed Transaction”), Stable Road has filed with the SEC a registration statement on Form S-4, as amended (the “Registration Statement”) that includes a proxy statement of Stable Road, a consent solicitation statement of Momentus and prospectus of Stable Road, and each party will file other documents with the SEC regarding the Proposed Transaction. The Registration Statement has been declared effective by the SEC. A definitive proxy statement/consent solicitation statement/prospectus and other relevant documents have been sent to the stockholders of Stable Road and Momentus, seeking any required stockholder approval, and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. STABLE ROAD’S STOCKHOLDERS AND OTHER INTERESTED PERSONS ARE ADVISED TO READ THE EFFECTIVE REGISTRATION STATEMENT AND DEFINITIVE PROXY STATEMENT/CONSENT SOLICITATION/PROSPECTUS IN CONNECTION WITH STABLE ROAD’S SOLICITATION OF PROXIES FOR STABLE ROAD’S SPECIAL MEETING OF STOCKHOLDERS TO APPROVE THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The definitive proxy statement/consent solicitation statement/prospectus was mailed to Stable Road’s stockholders as of the record date (July 7, 2021) established for voting on the Proposed Transaction and the other matters to be voted upon at the special meeting of stockholders. Stable Road’s stockholders are also able to obtain copies of the proxy statement/consent solicitation statement/prospectus, and all other relevant documents filed or that will be filed with the SEC in connection with the Proposed Transaction, without charge at the SEC’s website at http://www.sec.gov or by directing a request to: Stable Road Capital LLC, James Norris, CPA, Chief Financial Officer, 1345 Abbot Kinney Blvd., Venice, CA 90291; Tel: 310-956-4919; email@example.com.
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