01:51 PM EDT, 10/09/2024 (MT Newswires) -- Momentus ( MNTS ) said Wednesday it was selected by NASA to provide launch services for future agency missions.

The company said it will deliver payloads to a variety of orbits under NASA's venture-class acquisition of dedicated and rideshare contract. Financial terms were not disclosed.

Momentus ( MNTS ) shares jumped more than 129% in recent trading.

Price: 0.95, Change: +0.54, Percent Change: +129.40