investors learned was barred by U.S. law from using the company's technology
The next month, the deal and Kokorich was under review from the U.S. inter-agency Committee on Foreign Investment in the United States . Stable Road said in February that Kokorich and his wife "will fully divest" ownership of Momentus by March 2024, "or as required by CFIUS.
"During an interagency consultation, the FAA was informed that the launch of Momentus' payload poses national security concerns associated with Momentus' current corporate structure," Stable Road wrote in a securities filing on May 10.