About Us

About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

Recent Quotes
My Watchlist
Indicators
Cabling Market Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Momentus Announces Settlement of Class Action Lawsuit

By: via Business Wire

Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that offers transportation and other in-space infrastructure services, has reached an agreement in principle to settle the consolidated securities class action lawsuits against the Company and certain of its current and former directors and former officers pending in the United States District Court for the Central District of California captioned "In Re Stable Road Acquisition Corp. Securities Litigation, Master File No. 2:21-cv-05744" (the “Securities Class Actions”).

On February 10, 2023, the lead plaintiff in the Securities Class Actions and the Company reached an agreement in principle to settle the Securities Class Actions for payment of $8.5 million, at least $4 million of which is expected to be funded by insurance proceeds. The agreement in principle remains subject to the satisfaction of various conditions, including negotiation and execution of a memorandum of understanding, final stipulation of settlement, notice to the proposed class, and approval by the United States District Court for the Central District of California.

Earlier today, Momentus also announced a $10 million investment. The infusion of capital combined with the retirement of legacy challenges from the period before Momentus became a public company in August 2021, enables the Company to focus on future growth. The Company has also taken other recent steps to extend its cash runway.

Momentus has a Share Repurchase Agreement for a final payment to the two founders of the Company of $10 million. The founders were divested from the Company in January 2021 due to U.S. Government foreign ownership concerns and the Company previously paid $40 million for this purpose. The $10 million investment, which is equivalent to the total specified in the Share Repurchase Agreement (SRA), will provide capital to the Company to meet the obligations in the SRA.

“Retirement of these issues clears the way for Momentus to continue progress on its vision to provide backbone infrastructure services for the growing space economy. We’re eager to support customers in the commercial sector and civil and military government users like NASA and the U.S. Defense Department to use space in more dynamic and impactful ways,” said Momentus Chief Executive Officer John Rood. “A key part of our service offerings is our innovative Microwave Electrothermal Thruster (MET) that uses water as a propellant to power our spacecraft, which we plan to demonstrate on our Vigoride-5 mission that is currently in orbit. We continue to make progress completing the commissioning of the Vigoride-5 spacecraft, which is in good health with nominal power and thermal conditions and maintaining regular communications with our ground controllers.”

“We’re glad to be closing this chapter, and excited as we continue to make important progress in the demonstration of our technology in space,” said Rood. “The space economy continues to develop, and Momentus plans to play a leading role in enabling the growth and evolution of this vibrant part of the global economy.”

About Momentus

Momentus is a U.S. commercial space company that offers in-space infrastructure services, including in-space transportation, hosted payloads and in-orbit services. Momentus believes it can make new ways of operating in space possible with its in-space transfer and service vehicles that will be powered by an innovative water plasma-based propulsion system that is under development.

Forward-Looking Statements

This press release contains certain statements which may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding Momentus or its management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Momentus’ control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to risks and uncertainties included under the heading “Risk Factors” in the Annual Report on Form 10-K filed by the Company on March 9, 2022, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at investors.momentus.space. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts

More News

View More
Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet
Via MarketBeat
Topics Economy World Trade
Tickers LVMUY
3 High-Yield Banks for Investors to Buy on the Dip
Via MarketBeat
Tickers FITB USB XLF ZION
5 Surprising Stocks Set to Benefit From a Future Robotics Boom
Via MarketBeat
Topics Artificial Intelligence World Trade
Tickers ALB NUE NVDA QS UUUU
3 Oversold Large-Caps That Look Ripe for a Rebound
Via MarketBeat
Tickers CTAS FAST GEN
Meta vs OpenAI: Is Sora a True Threat to Meta's Dominance?
Via MarketBeat
Tickers GOOGL META

Recent Quotes

View More
Symbol Price Change (%)
AMZN  216.48
+0.00 (0.00%)
AAPL  262.24
+0.00 (0.00%)
AMD  240.56
+0.00 (0.00%)
BAC  52.04
+0.00 (0.00%)
GOOG  257.02
+0.00 (0.00%)
META  732.17
+0.00 (0.00%)
MSFT  516.79
+0.00 (0.00%)
NVDA  182.64
+0.00 (0.00%)
ORCL  277.18
+0.00 (0.00%)
TSLA  447.43
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.