Momentus Inc. (MNTS) saw its shares surge by 57.67% to $9.05 after successfully developing an additive-manufactured fuel tank for spacecraft propulsion systems. The new technology is expected to improve production efficiency and performance for future space missions. The company also announced a strategic collaboration with an advanced manufacturing partner to scale up the technology. Trading volume soared on the NYSE, with the stock hitting an intraday high of $9.20. Momentus’ 52-week range is $3.10 – $9.30, reflecting the impact of its space services and technology advancements.

Read more at Nasdaq: Momentus Stock Surges 58% After Additive-Manufactured Fuel Tank Development Announcement