Momentus (MNTS) stock on watch after $5 million placement and Velo3D 3D-printed tank plan
Momentus shares were flat premarket after closing up 11.45% Tuesday, following a $5 million private placement priced at $5.40 per share and warrant, pending shareholder approval. The company also plans to flight-test a 3D-printed fuel tank with Velo3D on its Vigoride-7 vehicle.