Momentus Is Soaring on a New NASA Deal. Can MNTS Stock Keep Up the Strength?

Momentus (MNTS) shares closed roughly 20% higher on Oct. 14 after the space infrastructure services company said it has signed a new agreement with NASA.  

The announcement coincides with NASA’s organizational restructuring, including the reduction of 550 positions at the Jet Propulsion Laboratory, potentially creating opportunities for private contractors like MNTS. 

Momentus stock has been rather lucrative for high-risk investors over the past two months. At the time of writing, it’s trading more than 50% above its year-to-date low set in mid-August. 

Should You Buy Momentus Stock on the NASA Deal?

MNTS stock soared on the NASA deal primarily because it validates the company’s business model. 

Momentus’ diverse service portfolio, encompassing satellite solutions, in-space transportation, and orbital infrastructure, positions it advantageously in the expanding commercial space sector.

The firm’s ability to serve both government and commercial customers for various space missions, including communications, missile tracking, and scientific endeavors, creates multiple revenue streams and growth opportunities.

Put together with the new NASA contract, Momentus stock looks rather attractive for speculative investors to bet on the future of in-space logistics and satellite servicing. 

Investing in MNTS Shares Come With Several Risks

While the NASA agreement triggers near-term excitement, there’s reason for serious investors to take the MNTS stock price surge on Tuesday with a pinch of salt. 

For starters, ahead of the rally, Momentus shares weren’t trading meaningfully above the $1 level, which signals potential delisting risk. 

In fact, even after the rally, it remains a penny stock, a category of equities broadly known for limited liquidity and speculative volatility. 

Another red flag on Momentus stock is the absence of Wall Street coverage, which signals lack of institutional confidence in its business model and skepticism around its financial transparency and long-term viability. 

Despite its futuristic pitch around in-space logistics, MNTS has struggled with execution, regulatory setbacks, and revenue generation. Its orbital service vehicle, Vigoride, has faced delays and technical issues, raising doubts about scalability. 

Without consistent cash flow or proven commercial traction, Momentus trades more on hope than fundamentals. In short, MNTS, for now, is a retail-driven story with minimal institutional validation and a long road to operational credibility.