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Russian co-founders out of Momentus

10 Jun 2021, 11:08 UTC
Russian co-founders out of Momentus
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WASHINGTON — In-space transportation company Momentus says its Russian co-founders are now “completely divested” from the company as it reaches a national security agreement with federal agencies.
In a June 9 statement, Momentus said it had signed a national security agreement (NSA) with the Defense and Treasury Departments, which outlines the steps the company will take to address security concerns that held up the first launches of its space tugs.
That includes having the company’s Russian co-founders, Mikhail Kokorich and Lev Khasis, sell their stakes in the company. “Our co-founders are completely divested from the company as of today, helping to resolve a primary point of the government’s concern,” said Dawn Harms, chief executive of Momentus, in the statement.
Momentus had been working since early this year to resolve issues raised by the Defense Department about its Russian ownership. Harms took over as chief executive in January when Kokorich stepped down as part of what the company called “an effort to expedite the resolution of U.S. government national security and foreign ownership concerns.”
In March, Momentus announced that Kokorich and Brainyspace LLC, the company owned by Khasis and his wife, had put their shares into a voting trust and would ...

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