Mynaric AG

Mynaric AG engages in the provision of laser communication solutions. It engages in the business of development, manufacture, sale, and operation of laser communication network equipment, software, systems, and solutions, particularly for aerospace applications and related products. It operates through the Space segment and Air segment. The Space segment is composed of the CONDOR terminal. The Air segment represents the HAWK terminal. The company was founded by Markus Knapek, Joachim Horwath, and Dirk Giggenbach on June 15, 2009 and is headquartered in Gilching, Germany.

Mynaric AG engages in the provision of laser communication solutions. It engages in the business of development, manufacture, sale, and operation of laser communication network equipment, software, systems, and solutions, particularly for aerospace applications and related products. It operates through the Space and Air segment. The Space segment is composed of the CONDOR terminal. The Air segment represents the HAWK terminal. The company was founded by Markus Knapek, Joachim Horwath, and Dirk Giggenbach in 2009 and is headquartered in Gilching, Germany.

Emerging companies to build 30% of infrastructure; EU plans to spend 2.4 billion euros on network with additional investments expected from European Space Agency and private sources. MUNICH, GERMANY / ACCESSWIRE / November 21, 2022 / Mynaric (NASDAQ:MYNA) (FRA:M0YN), a leading provider of industrialized, cost-effective, and scalable laser communications products, applauds the agreement by the Commission, Council and Parliament of the European Union to establish a sovereign European satellite constellation focused on government services.

Mynaric Applauds European Union's Agreement to Build Sovereign Satellite Constellation

MUNICH, GERMANY / ACCESSWIRE / November 3, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that management will participate in the following investor conferences during the fourth quarter of 2022: Deutsche Bank 2022 Global Space Summit Virtual Panel Presentation (Webcast) November 10, 2022 11:45 a.m. EST / 5:45 p.m.

Mynaric Announces Management Participation in Q4 2022 Investor Conferences

Mynaric AG (NASDAQ:MYNA ) Q2 2022 Earnings Conference Call October 31, 2022 1:00 PM ET Company Participants Tom Dinges - Vice President, Investor Relations Bulent Altan - Chief Executive Officer Stefan Berndt-Von Bulow - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Austin Moeller - Canaccord Genuity Operator Good day and thank you for standing by. Welcome to the Mynaric First Half 2022 Results Webcast Call.

Mynaric AG (MYNA) Q2 2022 Earnings Call Transcript

MUNICH, GERMANY / ACCESSWIRE / October 31, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today reported financial results for the first half of 2022 for the period ending June 30, 2022. The first half 2022 report can be downloaded from the Investor Relations section of mynaric.com at https://mynaric.com/investor-relations/overview/.

Mynaric Releases First Half 2022 Financial Results

MUNICH, GERMANY / ACCESSWIRE / October 25, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced a full-year 2022 guidance update for its key financial metrics. In addition, Mynaric has scheduled a conference call and webcast to discuss its preliminary first half 2022 financial results for the period ending June 30, 2022.

Mynaric Announces Date of First Half 2022 Financial Results and Provides Full-Year 2022 Guidance Update

MUNICH, GERMANY / ACCESSWIRE / October 25, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced a full-year 2022 guidance update for its key financial metrics: Optical Communications Terminal Backlog: the company now expects more than 250 units in backlog by the end of 2022 compared to the previously communicated guidance of more than 220 units. The guidance is increased due to strong traction and program wins particularly in the government market.

Mynaric Announces Full-Year 2022 Guidance Update

LOS ANGELES, CA / ACCESSWIRE / October 18, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced it will provide Northrop Grumman with optical communications terminals for 14 satellites as part of the Space Development Agency's (SDA) Tranche 1 Tracking Layer program. Each satellite will feature a wide field-of-view infrared sensor, three optical communications terminals, and a Ka-band payload for communications.

Mynaric to Provide Optical Communications Terminals to Northrop Grumman as Part of the Space Development Agency's Tranche 1 Tracking Layer Program

Phase 1 Goal to Develop Benchtop Model of Next-Generation Optical Communications Terminal for Proliferated Space Domain LOS ANGELES, CA / ACCESSIRE / August 10, 2022 / Mynaric has been selected as a key development [TD1] [KH2] partner to create a benchtop model of a next-generation optical communications terminal as part of Phase 1 of the Space-based adaptive communications node (Space-BACN) program of the Defense Advanced Research Projects Agency (DARPA). DARPA's Space-BACN program envisions a low-cost, scalable optical communications terminal that could be reconfigured to work with various optical intersatellite link standards allowing seamless communication among government and private-sector proprietary satellites.

Mynaric Selected for Next Phase of DARPA Program

MUNICH, GERMANY / ACCESSWIRE / August 3, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) today announced that management will participate in the following investor conferences during the month of August. The presentations will be in a fireside chat format and webcast for the public.

Mynaric Announces Participation in Upcoming Jefferies Industrials Conference and Canaccord Genuity 42nd Annual Growth Conference

L3Harris

MUNICH, GERMANY and MELBOURNE, FL / ACCESSWIRE / July 5, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) and L3Harris (LHX) today signed agreements related to an investment in Mynaric by L3Harris and to future collaboration. With the strategic investment, the companies seek to build on their existing collaboration in the airborne domain and widen the scope to cover all domains including space, air, maritime and ground.

Mynaric Signs L3Harris as Strategic Investor and Intensifies Collaboration

GILCHING, GERMANY / ACCESSWIRE / July 5, 2022 / The management board of Mynaric AG (the "Company") today resolved, with the approval of the supervisory board, to increase the Company's share capital from EUR 5,242,948.00 to EUR 5,652,242.00 by issuing 409,294 new ordinary bearer shares by partially utilizing the Authorized Capital 2021/I and with the exclusion of the shareholders' subscription rights. The new shares issued in the capital increase, which correspond to approximately 7.2% of the Company's share capital, were fully subscribed by L3Harris.

Mynaric Resolves on Capital Increase From Authorized Capital With the New Shares Being Subscribed by L3Harris

Northrop Grumman

In March 2022, Mynaric Received Largest Order of Optical Communications Terminals to Date in the Framework of the Space Development Agency's Tranche 1 Transport Layer Program LOS ANGELES, CA / ACCESSWIRE / June 14, 2022 / As previously announced, Mynaric (NASDAQ:MYNA)(FRA:M0Y) has been selected by Northrop Grumman (NYSE:NOC) for delivery of CONDOR Mk3 optical communication terminals in the framework of a milestone U.S. government program. Northrop Grumman was selected by the Space Development Agency (SDA) to provide 42 satellites for the Tranche 1 Transport Layer program that will serve critical needs of the U.S. National Defense Space Architecture (NDSA).

Mynaric Acts as Sole Laser Communication Supplier for Northrop Grumman as Part of Milestone U.S. Government Program

Airbus's payload hosting platform to demonstrate Mynaric's laser communication product on the International Space Station HOUSTON, TX / ACCESSWIRE / May 12, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) and Airbus U.S. Space & Defense, Inc. have signed a contract to host Mynaric's CONDOR Mk2 terminal for space-based laser communication on the International Space Station's (ISS) functional testbed, Bartolomeo. Mynaric plans to operate its industrialized optical communications terminal on the ISS, with the goal of demonstrating the product's capabilities in low Earth orbit and providing its customers with an extended range of experimental mission scenarios.

Mynaric and Airbus U.S. Space & Defense, Inc. Sign Contract for Laser Communication Demonstration on ISS Bartolomeo Platform

Mynaric AG (NASDAQ:MYNA ) 2022 Analyst and Investor Day Conference Call April 28, 2022 12:00 PM ET Company Participants Tom Dinges - Vice President, Investor Relations Bulent Altan - Chief Executive Officer Joachim Horwath - Chief Technology Officer and Founder Tina Ghataore - Chief Commercial Officer Stefan Berndt-Von Bulow - Chief Financial Officer Conference Call Participants Scott Deuschle - Credit Suisse Austin Moeller - Canaccord Genuity Jürgen Wagner - Stifel Operator Good afternoon. This is the conference operator.

Mynaric AG (MYNA) CEO Bulent Altan Hosts 2022 Analyst and Investor Day Conference (Transcript)

MUNICH, GERMANY / ACCESSWIRE / March 26, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) today announced that its upcoming FY21 business update will be postponed by one week because the management team is unavailable due to illness. Mynaric now plans to publish its FY21 business update, including selected figures of the preliminary financial results FY21 and other key information by means of a shareholder letter on Monday, April 4, 2022, at 11:00 a.m.

Mynaric Announces New Date of FY21 Business Update

LOS ANGELES, CA / ACCESSWIRE / March 21, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) has today entered into a definitive agreement with Northrop Grumman for delivery of optical communication terminals in the framework of a U.S. government space program led by the Space Development Agency. The contract with an initial value of $36 million foresees payment milestones throughout 2022, 2023 and 2024 and product deliveries mostly in 2023 and 2024.

Mynaric Receives $36 Million Order from Northrop Grumman

LOS ANGELES, CA / ACCESSWIRE / March 21, 2022 / Mynaric will exhibit at SATELLITE 2022 from March 21-24, showcasing a public product demonstration of our HAWK Optical Communication Terminal for the first time. Located in Exhibit Hall A & B-Booth 849, Mynaric leadership and sales teams will be available to discuss laser communication solutions for space, aerospace and ground applications.

Mynaric Exhibiting, Presenting and Holding Live Demo at SATELLITE 2022

MUNICH, GERMANY / ACCESSWIRE / March 11, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) today announced it plans to publish its FY21 business update, including selected key figures of the preliminary financial results FY21 and other key information by means of a shareholder letter on Monday, March 28, 2022, at 11:00 a.m. Eastern Daylight Time (5:00 p.m.

Mynaric Announces Date of FY21 Business Update and Crowdsources Questions

Industry's Most Prestigious Award Recognizes Excellence in the Global Satellite and Space Communities, Voting Open Now Tina Ghataore Selected to Participate in SATELLITE 2022's Opening Session LOS ANGELES, CA / ACCESSWIRE / February 22, 2022 / Mynaric 's Chief Commercial Officer Tina Ghataore is nominated for Satellite Executive of the Year from Via Satellite. Annually awarded since 1988, Satellite Executive of the Year is the most prestigious award in the industry, selecting winners who have made significant contributions to the global satellite markets, technologies, business practices, services and innovations.

Mynaric CCO Tina Ghataore Nominated for Via Satellite's Satellite Executive of the Year Honor

PARIS, FRANCE / ACCESSWIRE / December 15, 2021 / Mynaric, a leader in laser communication for space applications, received the 2021 Pioneer Space Business Award of the Year at this year's World Satellite Business Week Summit sponsored by Euroconsult. Euroconsult, a leading global space and satellite consulting and market intelligence firm, honors the most forward-thinking businesses and innovators shaping the future of the global space sector through its annual "Outstanding Achievement Awards".

Mynaric Receives 2021 Pioneer Space Business Award of the Year from Euroconsult

GILCHING, GERMANY / ACCESSWIRE / November 21, 2021 / Mynaric AG (NASDAQ:MYNA)(Frankfurt Stock Exchange:M0Y) announced today the closing of its public offering on November 16, 2021 in the United States of 4,000,000 American Depositary Shares ("ADSs"). Every four (4) ADSs represent one (1) ordinary share of Mynaric.

Mynaric Announces Closing of Public Offering in the United States

German laser communications company Mynaric listed on the Nasdaq and CEO Bulent Altan, a former SpaceX executive, spoke to CNBC about the company's U.S. IPO.

German space lasers company Mynaric CEO talks Nasdaq IPO, plans for growth

NEW YORK, NY / ACCESSWIRE / November 12, 2021 / Mynaric AG, a leading developer and manufacturer of high-speed and high-security laser communication products for air and spaceborne applications in government and commercial markets, today announced the pricing of its initial public offering of 4,000,000 American Depositary Shares (the "ADSs"), representing 1,000,000 ordinary bearer shares at a public offering price of $16.50 per ADS. In addition, Mynaric has granted the underwriters a 30-day option to purchase up to an additional 600,000 ADSs at the initial public offering price, less the underwriting discounts and commissions.

News for Mynaric AG Stock (MYNA)