Momentus Inc. (NASDAQ: MNTS) Surges 19.58% on Strategic NASA Contracts and $15M Solstar Partnership

Momentus Inc. (NASDAQ: MNTS) surged 19.58% on October 14, 2025, marking a two-day rally of 24.82% and hitting its highest level since October 2025, with an intraday gain of 34.97%. The stock’s sharp ascent reflects renewed investor confidence in the space logistics firm’s strategic positioning and recent high-profile partnerships.

The stock’s momentum stems from a $2.5 million NASA contract to demonstrate its RDRE thruster technology, a key step in advancing fuel-efficient propulsion systems, and a $5.1 million grant for the COSMIC mission to develop materials in microgravity. These agreements validate Momentus’ role in enabling scientific and industrial applications in space. Additionally, a three-year, $15 million partnership with Solstar Space to integrate communication systems into Momentus’ orbital vehicles has positioned the company to expand low Earth orbit (LEO) services for commercial and government clients. The collaboration includes a planned February 2026 mission to showcase applications in surveillance, in-space manufacturing, and satellite docking.

CEO John Rood highlighted the partnership’s potential to enhance defense-grade capabilities, including spacecraft refueling and on-orbit inspection services, addressing growing demand for infrastructure amid increasing orbital congestion. A separate collaboration with Pulsar Fusion aims to demonstrate a Hall Effect Thruster in late 2026, further solidifying Momentus’ leadership in next-generation propulsion technology.

Despite these strategic gains, the company faces financial challenges. Recent quarterly reports show a $6.45 million net loss and a $3 million cash decline, with liabilities nearing $19 million. While a 91.6% gross profit margin suggests scalability, low revenue of $191,000 underscores the nascent stage of commercial operations. Investors must weigh the execution risks of complex projects against the long-term potential of expanding space infrastructure demand.

The stock’s volatility—marked by a 32.2% after-hours surge following the Solstar announcement—reflects speculative optimism. However, the company’s high liabilities and reliance on unproven revenue streams pose risks. As Momentus advances its 2026 missions and propulsion demonstrations, sustained profitability will depend on securing additional contracts and diversifying its revenue base. For now, the stock remains a high-risk, high-reward play tied to the success of its partnerships and the broader growth of the space economy.