Wednesday, April 16, 2025

Momentus Signs Five-Year Strategic Agreement with Velo3D to Accelerate Additive Manufacturing for Space Systems

Momentus, a U.S.-based commercial space company offering satellite infrastructure and in-space transportation services, announced the signing of a five-year Master Services Agreement with Velo3D, a pioneering provider of advanced metal 3D printing (additive manufacturing) technology.

This strategic partnership marks a significant step forward in Momentus’ efforts to optimize production efficiencies and advance next-generation satellite and space system components. Under the terms of the agreement, as outlined in a current 8-K filing, Momentus will utilize Velo3D’s state-of-the-art additive manufacturing capabilities to accelerate the development and reduce the production costs of its in-space infrastructure.

Through this collaboration, Momentus will integrate high-performance 3D-printed components into its satellites, Orbital Service Vehicles, and other spacecraft. The partnership also enables Momentus to introduce a new revenue stream by offering these components to customers across the space industry.

Key Benefits of the Partnership:

  • Optimized Spacecraft Design: Leverage complex, lightweight, and durable geometries made possible through additive manufacturing to enhance spacecraft performance.

  • Cost-Efficient Production: Replace traditional machining with 3D printing to reduce material waste, labor, and fabrication time.

  • Improved Reliability: High-precision manufacturing contributes to greater durability and success across space missions.

  • Faster Innovation Cycles: Rapid prototyping and iterative design capabilities enable accelerated testing and development timelines.

  • New Revenue Opportunities: Expand Momentus’ product portfolio with proprietary components manufactured by Velo3D, tailored for commercial distribution to the broader space market.

“We’re pleased to be partnering with Velo3D to leverage the power of advanced manufacturing, to continue to improve the capabilities of our satellites and space systems and aiming to make our low-cost products and services even more cost-competitive,” said John Rood, CEO of Momentus. “We are also excited about the ability to expand our product offerings to create new revenue streams through sales of space system components that are 3D printed.”

Revenue Sharing and Operational Flexibility

The Master Services Agreement includes provisions for mutual benefit. If Velo3D has unused manufacturing capacity, it may allocate those resources to other customers, with Momentus receiving compensation based on a defined revenue-sharing model. Specifically, Momentus will earn 20% of $3 million less service fees applied to its own usage in the first year, and 50% of $3 million less such service fees in each subsequent year.

The agreement is effective for a five-year term unless terminated earlier per the terms specified.

This long-term collaboration reinforces Momentus’ commitment to innovation, agility, and cost-effectiveness in advancing the commercial space economy, while providing Velo3D a valuable opportunity to scale its impact in one of the most demanding engineering environments: outer space.

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