That, of course, implies big things ahead for SRAC stock. Momentus’ breakthrough technology is essentially breaking the cost barrier of space exploration - and in so doing, is creating an economically-viable pathway for humans to colonize space. They can help send small satellites into their final orbit at just $15,000 per kilogram, versus over $50,000 per kilogram for other propulsion systems. Momentus’ transfer vehicles are substantially cheaper than anything on the market. This innovative propulsion platform is highly scalable (engine efficiency increases with size), throttleable (you can vary thrust to optimize trip time), safe (it’s based on water, which is as low-risk as it gets), and cost-effective (it’s built on a simple design that uses low-cost, off-the-shelf components). Specifically, Momentus’ transfer vehicles are built on the back of a patented and proprietary water plasma propulsion technology platform that is the cheapest and most efficient mechanism for maneuvering in space. No, they are partnering with Momentus because this is the leading space infrastructure company in the world. Perhaps more importantly, SpaceX – the leading space rocket company in the world – didn’t choose Momentus for no good reason. Momentus technology helps complete the satellite space journey. In other words, the rockets that SpaceX is building help satellites get from Earth to Space, while the transfer vehicles that Momentus is building help satellites get from Space to their specific orbital, or their final destination.
This will give birth to a brand-new Space Economy, spanning everything from space travel and tourism, to space mining, to space colonization, to space-sourced renewable energy generation… so on and so forth.Īccording to Adam Jonas – the Managing Director of Equity Research at JP Morgan, and the man who presciently called the electric vehicle revolution back in 2011 – the booming Space Economy will grow by almost 400% to $1.7 TRILLION by 2040. Over the next 10 to 20 years, continued rapid technological advancements will make flying to and from space as common and easy as flying between cities. In 2020, multiple technological breakthroughs have converged to breathe life back into the space sector, headlined by companies like SpaceX and Virgin Galactic conducting multiple successful test flights and inching ever closer towards making space tourism and travel a reality.
#Space pioneer swamp free
Sign Up for Luke’s Innovative Hypergrowth Newsletter and Get Your Free Special ReportĪrguably one of the biggest moments in human history was when – on J– Neil Armstrong became the first man to step foot on the moon.īut, since then, public and financial interest in space has died down, as human progress in conquering and commercializing the final frontier has been ultimately limited by technological shortcomings.Ladies and gentlemen… we are finally ready to conquer the final frontier.