Momentus Unveils Suit Settlement, Founder Payoffs, Schedule Change

Credit: Momentus
Momentus on Feb. 23 announced a preliminary settlement of a class-action lawsuit against the turbulent space tug startup, including a $4.5 million payout, as well as a private placement of shares in a move that will help it pay off $50 million owed to two founders who were pushed out. In several...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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