PARIS — Satellite last-mile-delivery service provider Momentus said it may not be ready to make the planned June inaugural flight of its novel propulsion technology because of ongoing U.S. regulatory reviews and final testing of its first Vigoride orbital transfer vehicle.
Momentus concluded a SPAC-enabled stock-market introduction in August 2021 that provided it with enough cash to invest in the business without an immediate need for cash.
Momentus Chief Financial Officer Jikun Kim said in a March 9 investor call that the company . . .
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