Momentus, AST SpaceMobile Lead The Thaw In Space Stocks

The space sector is catching its breath Wednesday — and for the first time since SpaceX (NASDAQ: SPCX ) went public last week and triggered a sector-wide selloff, many publicly traded space names are green. Momentus Inc. (NASDAQ: MNTS ) and AST SpaceMobile, Inc. (NASDAQ: ASTS ) are leading the charge with specific catalysts behind their moves.  ASTS stock is climbing. See the chart and price action here. Momentus’ New Contract Monmentus shares are up 9.04% to $10.15 intraday. Wednesday's strength follows a new contract announcement with the University of Colorado Boulder’s Laboratory for Atmospheric and Space Physics, where Momentus will host and operate the Occultation Wave Limb Sounder mission aboard its Vigoride-9 Orbital Service Vehicle.  The deal adds an academic customer to a roster that already includes NASA and the U.S. Department of Defense. MNTS stock remains up more than 100% year-to-date despite a 27% drop on June 12 after pricing a $25 million registered direct offering. data-variant="card" ... Full story available on Benzinga.com