Momentus Inc. (NASDAQ: MNTS) has announced that President Fred Kennedy has resigned from the Company, effective January 21.
The Company’s Chief Technology Officer, Rob Schwarz, will serve as interim Head of additional executive leadership. Chief Executive Officer John Rood will also assume the role of company President.
“I’ve been consistently impressed with the professionalism and capabilities of them Momentus team, especially its engineering and operations personnel,” said Momentus President Dr. Fred Kennedy. “Their commitment to the Company’s vision has been nothing short of extraordinary. While I am departing the Company and leaving the Bay
Area with my family, I will be following the team’s progress and look forward to seeing them get to orbit and do some outstanding work.”
“We thank Fred for his commitment and contributions to Momentus, and we wish him success in his future endeavors,” said Momentus Chief Executive Officer, John Rood. “Our team continues to be focused on launching our first Vigoride vehicles and demonstrating our capabilities in space this year. We continue to make progress in
preparing for launch of our first Vigoride as early as June 2022. The first Vigoride vehicle we plan to launch is undergoing additional work on some components, is scheduled to enter thermal vacuum testing later this month, and we have begun applying for the appropriate government licenses to support a June mission. We look
forward to putting our technology through its paces in space.”