DOD-Backed Firm Secures $200M For Critical Minerals Production

Momentus Develops, To Test 3D-Printed Spacecraft Propellant Tank   GARRETT REIM, garrett.reim@aviationweek.com   Momentus has 3D printed a metal spacecraft propellant tank that it plans to test on an upcoming mission of its Vigoride-7 orbital service vehicle as part of an initiative to launch a new product for sale.   The fuel tank was designed by Momentus and was manufactured using a 3D printer from Velo3D, Momentus said on Jan. 5. Momentus says Velo3D is its “strategic partner.”   “Momentus plans to utili

Pentagon-backed ReElement Technologies has secured a $200 million investment from the PE firm Transition Equity Partners for critical minerals production in Indiana.

Credit: VDWI Aviation/Alamy
Pentagon-backed ReElement Technologies has secured a $200 million investment from the mid-market private equity firm Transition Equity Partners (TEP) to ramp up critical minerals production at its facility in Marion, Indiana, with a focus on raw materials essential for the defense sector and in...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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