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Momentus appoints Lon Ensler as interim CFO

EditorNatashya Angelica
Published 03/25/2024, 05:12 PM
Updated 03/25/2024, 05:12 PM
© Reuters.

SAN JOSE - Momentus Inc. (NASDAQ: NASDAQ:MNTS), a commercial space company based in the United States, announced today the appointment of Lon Ensler as its interim Chief Financial Officer (CFO). Ensler is set to take on the role on April 2, succeeding Eric Williams, who will step down from his position at the close of business on April 1.

With over three decades of experience in financial leadership, Ensler's career encompasses a range of roles across both well-established firms and burgeoning startups. His expertise is expected to contribute significantly to Momentus' growth strategies.

Momentus CEO John Rood expressed confidence in Ensler's capabilities, highlighting his strategic approach and his track record in raising capital, as well as his experience with mergers and acquisitions.

Outgoing CFO Eric Williams, who has been with Momentus since May 11, 2023, played a pivotal role in leading the company’s accounting and financial planning. His tenure saw the completion of several capital-raising transactions and engagement with public market investors, setting the stage for the company's future endeavors.

Momentus is recognized for providing a variety of in-space infrastructure services, including satellite buses, in-space transportation, hosted payloads, and other in-orbit offerings. The company's focus on advancing the commercial space industry is underscored by its commitment to innovation and infrastructure development.

The press release also contains forward-looking statements regarding the company's future prospects and performance. Still, these statements are not guarantees of future results and are subject to risks, uncertainties, and changes that are difficult to predict.

The company, which is subject to the regulatory oversight of the Securities and Exchange Commission, has previously outlined potential risk factors in its filings, which are publicly available.

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The information in this article is based on a press release statement from Momentus Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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