Momentus, Stable Road Acquisition Corp. say merger & IPO to proceed despite 6-month proof-of-concept mission delay

by Peter B. de Selding

PARIS — Space sector investors’ risk tolerance will be tested in the coming weeks as startup Momentus Space and its investor partner, Stable Road Acquisition Corp., proceed with a merger and public stock offering before Momentus has demonstrated its water-powered, last-mile satellite delivery technology.

California-based Momentus had already survived a regulatory scare in November when the Committee for the Assessment of Foreign Participation in the United States Telecommunications Service Sector asked the U.S. Federal Communications Commission (FCC)  on Nov. to defer a . . .

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