Today, the space sector is showing signs of recovery after a sector-wide selloff triggered by SpaceX going public last week. Many publicly traded space companies are seeing green numbers, with Momentus Inc. (MNTS) and AST SpaceMobile, Inc. (ASTS) leading the way. ASTS stock is on the rise, while Momentus shares have surged by 9.04% to $10.15. Momentus recently announced a new contract with the University of Colorado Boulder, securing the Occultation Wave Limb Sounder mission aboard its Vigoride-9 Orbital Service Vehicle. This deal adds an academic customer to their portfolio, which already includes NASA and the U.S. Department of Defense. Despite a 27% drop on June 12 due to a $25 million registered direct offering, MNTS stock has still risen by over 100% year-to-date. This positivity in the sector comes after a period of decline, signaling a potential rebound for space-related companies.