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John Rood, CEO of Momentus, will assume an additional role as president of the commercial space company following Fred Kennedy’s announcement of stepping down from the post, effective Jan. 21. In a statement published Saturday, the Momentus chief executive underscored Kennedy’s company commitment and contributions, and said the team remains focused on the maiden launch […] More
Momentus has added former Department of Defense executive Victorino Mercado to the company’s board as security director and appointed communications technology professional Karen Plonty as chief security officer. Both executives will drive Momentus’ implementation of operational security programs and oversee its compliance with a national security agreement with DOD and the Department of the Treasury, […] More
Momentus and two federal executive departments have signed an agreement that moved the company closer to being cleared by the Committee on Foreign Investment in the U.S. to provide space services for government use. The company said Wednesday it will bolster security measures and build a team for additional oversight as conditions for the national security […] More
Data from Space Capital shows that private investment deals within the space industry have amounted to $10.3 billion for the first three quarters of 2021, surpassing the $9.8 billion for all of last year, CNBC reported Thursday. The New York-based venture capital firm estimates that investors injected $3.9 billion into businesses that develop satellites, launch […] More

Lockheed Martin has partnered with the University of Southern California to launch student-made CubeSat small satellites, SpaceNews reported Tuesday. Students from the university will produce the CubeSats that will undergo integration with a payload built on Lockheed's SmartSat software-defined architecture. SmartSat allows satellite operators to conduct in-orbit mission shifts.

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