Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Momentus Inc, a US commercial space company that intends to offer transportation and other in-space infrastructure services, announced last week that President Fred Kennedy had resigned from the company, effective January 21st.

Momentus Chief Executive Officer John Rood will assume the role of President, while Chief Technology Officer Rob Schwarz will serve as interim Head of Engineering and Operations in order to support a seamless transition.

“We thank Fred for his commitment and contributions to Momentus, and we wish him success in his future endeavors,” CEO John Rood said in a statement.

“Our team continues to be focused on launching our first Vigoride vehicles and demonstrating our capabilities in space this year. We continue to make progress in preparing for launch of our first Vigoride as early as June 2022,” the CEO added.

“I’ve been consistently impressed with the professionalism and capabilities of the Momentus team, especially its engineering and operations personnel,” Momentus President Fred Kennedy said.

“Their commitment to the Company’s vision has been nothing short of extraordinary. While I am departing the Company and leaving the Bay Area with my family, I will be following the team’s progress and look forward to seeing them get to orbit and do some outstanding work,” he added.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • US dollar remained close to two week low versus Japanese yenUS dollar remained close to two week low versus Japanese yen On Monday trade was thin due to closed markets in UK and US for public holidays. US dollar decreased in value against the yen, as USD/JPY dropped to 100.91 during European afternoon session.Today Japanese Nikkei 225 broadened its decline […]
  • Commodities trading outlook: gold, silver and copper futuresCommodities trading outlook: gold, silver and copper futures Copper futures retreated from a three-week high as mines in the worlds biggest producer, Chile, were returning to normal activities after an earthquake and tsunami forced the nations authorities to order a massive evacuation. Meanwhile, gold […]
  • Amazon shares close lower on Monday, e-commerce giant continues expansion in Brazil with three more logistics centersAmazon shares close lower on Monday, e-commerce giant continues expansion in Brazil with three more logistics centers Three more logistics centers have been opened by Amazon in Brazil, the company said on Monday, as it seeks to take advantage of e-commerce boost in the country, resulting from the coronavirus pandemic.Amazon shares closed lower for a […]
  • Forex Market: USD/CAD daily trading outlookForex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.3483-1.3587. The pair closed at 1.3538, shedding 0.10% on a daily basis. It has been the 19th drop in the past 40 trading days and also a fourth consecutive one. In addition, the daily low […]
  • Forex Market: EUR/CHF daily forecastForex Market: EUR/CHF daily forecast During Friday’s trading session EUR/CHF traded within the range of 1.2216-1.2250 and closed at 1.2225.At 6:32 GMT today EUR/CHF was losing 0.03% for the day to trade at 1.2221. The pair touched a daily low at 1.2214 at 3:30 […]
  • Forex Market: USD/CAD daily trading outlookForex Market: USD/CAD daily trading outlook Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3157-1.3254. The pair closed at 1.3189, inching up 0.01% compared to Tuesdays close. It has been the 165th gain in the past 303 trading days. The daily high has been the […]