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

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.