Momentus is trading at $2.86, up 5.15%, with its ARCSPACE contract announcement a likely catalyst.

  • On October 15, Momentus announced an ARCSPACE contract to host an autonomous in-space welding payload on its planned 2027 Vigoride-9 mission.
  • The payload is intended to test welding in microgravity and generate performance data for future in-space manufacturing.
  • Seeking Alpha reported shares rose 1.8% premarket after the announcement; the report does not establish that it explains the full session gain.