Momentus Inc. (NASDAQ: MNTS) has signed a contract with RIDE! Space for transportation and orbital delivery services in the first quarter of 2024.
RIDE! Space will be flying its Gaindesat and Djibouti payloads on a single mission.
“We are thrilled to mark this historic moment for the space sector of Africa with Momentus. Being an actor for sending the 1st Senegalese satellite and the 2nd one for Djibouti proves the objective RIDE! has given itself: make space more convenient, affordable and reliable. In this mission, Momentus plays a key role. They have also always been a trusted partner to RIDE!, responsive and ready to accommodate small sat players from our ecosystem.” — Valentin Benoit, CEO, RIDE! Space
“The African Space Industry Annual Report released in August reports that the African space economy is projected to grow to more than $22 billion by 2026.We anticipate rideshare services to be an important enabler for this growth. We’re looking forward to working with RIDE! Space as they support access to Low-Earth Orbit for new and established African customers.” — Chris Kinman, CEO, Momentus
In addition to rideshare missions, Momentus offers Delta-V delivery for missions requiring precise custom orbits. The Company also provides hosted payload services and its M-1000 satellite bus for customized and dedicated missions.