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Announced

Completed

Momentus went public via a SPAC merger with Stable Road Acquisition in a $1.2bn deal.

Financials

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Transaction Value£926m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Aerospace

Majority

Single Bidder

space travel

space transportation

Domestic

aerospace company

Private

United States

Acquisition

Friendly

Reverse Takeover

De-SPAC

Merger

Completed

Synopsis

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Momentus, a provider of in-space transportation and infrastructure service, went public via a SPACr merge with Stable Road Acquisition in a $1.2bn deal. “We set out to identify a disruptive company and Momentus was the most unique and compelling opportunity to create value through our investment, as we believe the Company is primed to be a leader in the rapidly growing new space economy. As the only public, pure-play commercial space company capable of revolutionizing space infrastructure, Momentus is poised to capitalize on its market-defining position. We are excited to partner with Momentus as the Company develops its technology portfolio, continues to leverage deep customer relationships across diverse private and public sector applications, and expands its experienced leadership team," Brian Kabot, Stable Road Chairman and CEO.

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