Momentus Inc. has entered into a significant financial agreement with J.J. Astor & Co. on May 30, 2025, securing a loan of up to $1.5 million. This loan will be disbursed in two equal tranches of $750,000, with each tranche repayable in 40 weekly installments of $25,312.50. Momentus has the option to fulfill these payments using cash or shares of Class A common stock, though at least 10% must be paid in cash. Additionally, the lender has the choice to receive installments in stock. The loan, intended for general working capital purposes, is secured by a lien on most of Momentus's assets. The agreement also includes provisions for the issuance of warrants to purchase up to 476,470 shares of common stock, with a conversion price of $1.70 per share. The agreement outlines conditions under which the loan could accelerate, such as default events or significant corporate changes.