Today, the space sector is showing signs of recovery with several publicly traded companies in the sector, including Momentus Inc. (MNTS) and AST SpaceMobile, Inc. (ASTS), seeing positive gains. Momentus shares are up by 9.04% to $10.15 following the announcement of a new contract with the University of Colorado Boulder for the Occultation Wave Limb Sounder mission aboard its Vigoride-9 Orbital Service Vehicle. This deal adds an academic client to Momentus' portfolio, which already includes NASA and the U.S. Department of Defense. Despite a 27% dip on June 12 due to a $25 million direct offering, MNTS stock has surged over 100% year-to-date. ASTS stock is also on the rise today. The sector is readjusting after SpaceX recently went public, triggering a sell-off across the industry.