Momentus (MNTS) investor relations material

Company overview and business model

• Operates as a U.S. commercial space company providing satellites, satellite buses, and in-orbit infrastructure services for government and commercial customers.

• Offers transportation services, hosted payloads, and in-orbit servicing, leveraging proprietary technologies like the Tape Spring Solar Array and Microwave Electrothermal Thruster.

• Focuses on “last mile” satellite transportation using Orbital Service Vehicles (OSVs), with plans to expand to reusable vehicles and larger payloads for deep space missions.

• Principal customers include satellite operators, defense, and government agencies, with offerings tailored for communications, sensing, and space domain awareness.

• Has demonstrated flight heritage with four missions and 17 customer satellite deployments, rapidly iterating on technology based on mission feedback.

Financial performance and metrics

• As of May 29, 2026, the market value of outstanding common stock held by non-affiliates is approximately $315 million, based on 16,153,355 shares at $19.50 per share.

• Recent private placements in January, April, and May 2026 raised gross proceeds of $5 million, $5 million, and $25 million, respectively, with net proceeds after fees totaling approximately $32.41 million.

• Management believes recent financings have alleviated substantial doubt about the company's ability to continue as a going concern.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for working capital and general corporate purposes, including debt repayment, capital expenditures, and funding working capital needs.

• Will not receive proceeds from the resale of shares by selling stockholders; company bears registration costs, while selling stockholders bear commissions and discounts.