Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, aircraft, and the ground. The company was incorporated in 2009 and is headquartered in Gilching, Germany.

Mynaric AG

Mynaric develops and manufactures laser communication equipment for airborne and spaceborne applications. The company focuses on creating scalable laser communication technology for the industrial age of laser communication.

Mynaric

Nasdaq- and Frankfurt-listed Mynaric is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.

L3 Harris Technologies

Thiel Capital

Apeiron Investment Group

ARK Investment Management

Justin Mateen

TA Capital

Mohammad Hans Dastmaltchi

Auden

This week, we had the honor of hosting Tobias Gotthardt, State Secretary of the Department of Aerospace and Mobility at Bayerisches Staatsministerium für Wirtschaft, Landesentwicklung und Energie. Our CTO, Joachim Horwath, led visit with an overview of our free-space optical communications technology. Mr. Gotthardt and his team then toured our optics engineering and production departments - the heart of our flagship space product, the CONDOR Mk3.
 
#LaserCommunications #SatelliteCommunication

Are you attending the Small Satellite Conference (SmallSat)? Our team would love to connect! 

Meet our experts, Tim Deaver and Marc T. Steiner, who will be there to answer all your questions about #LaserCommunications. 

Let's chat at #SmallSat2024! 🛰 

#SmallSatellites #Networking #IndustryConference

👏 Congratulations to our VP of Global Sales & Solutions Tim Deaver on his appointment to the Space and Satellite Professionals International (SSPI) Board of Directors. SSPI is on a mission to make the space and satellite industry one of the world’s best at attracting and engaging the talent that powers innovation.

#BoardAppointment #SpaceIndustry #SatelliteIndustry #Leadership #Innovation

https://lnkd.in/gR4Dq5vZ

We are excited to announce a historic milestone in the product maturity of our flagship free space optical communications terminal for space-to-space and space-to-ground applications - the CONDOR Mk3. Volume production for the optical communications terminal began early in the first quarter of 2024 with an initial shipment made last week.

“Today marks the culmination of the promise we made to our customers, our shareholders, the industry and our workforce to develop and manufacture free space optical communications systems for mass deployment. These systems will be part of government and commercial constellations, representing the start of a major new chapter for the company. I am incredibly proud of the entire team here at Mynaric, who, through collaboration with our key customers, are the reason we've reached this tremendous milestone.”
  -Mustafa Veziroglu

Read our full release here: https://lnkd.in/gAgEWFjE 

#LaserCommunications #SpaceInnovation #CorporateMilestone

📣 Today we launched our quarterly news update to keep you informed on our recent developments, achievements and strategic updates. Our first issue includes a recap of where we are making headlines, pics from our volume production facility and our recent industry show and conference participation.

You can read the full update here: https://lnkd.in/gRc3Kaf3 

#MynaricNews #InvestorNews #Updates

📰 What we are reading this week: an update on the race to create space data relay capabilities. Learn more about the future of optical communication from space to ground, and the possibility of a laser-enabled future in this #ConstellationsArticle featuring our VP of Global Sales and Solutions Tim Deaver.  🛰 

Read the full article here: https://lnkd.in/eUi2rQnP

#LaserCommunications #SatelliteCommunications #SpaceDataRelay

	Jan '16	Mar '16	Jun '16	Jan '17	Mar '17	Jun '17	Jan '18	Mar '18	Jun '18	Jan '19	Mar '19	Jun '19	Jun '21	Dec '21	Jun '22	Dec '22	Jun '23	Dec '23
revenue													1.35M -	1.01M 25.43%	25K 97.51%	4.40M 17,488%	4.43M 0.71%	962K 78.27%
cost of revenue													13.70M -	19.62M 43.24%	25.25M 28.69%	33.25M 31.67%	25.02M 24.74%	35.45M 41.67%
gross profit													-12.35M -	-18.62M 50.74%	-25.23M 35.51%	-28.86M 14.37%	-20.60M 28.62%	-34.49M 67.45%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses													4.16M -	7.67M 84.38%	10.60M 38.23%	11.48M 8.28%	8.71M 24.09%	13.88M 59.26%
research and development expenses														19.00M -		19.49M -
other expenses													271K -	164K 39.48%	884K 439.02%	1.49M 68.78%
cost and expenses													17.59M -	27.13M 54.24%	34.97M 28.91%	43.24M 23.64%	33.74M 21.98%	49.33M 46.21%
operating expenses				1.15M -	1.15M 0%	1.15M 0%	957.89K 16.65%	957.89K 0%	957.89K 0%	777.29K 18.85%	777.29K 0%	777.29K 0%	3.89M 400.33%	7.51M 93.01%	9.72M 29.47%	9.99M 2.78%	8.71M 12.76%	13.88M 59.26%
interest expense													7K -	2.14M 30,485.71%	425K 80.15%	2.12M 398.82%	3.69M 74.25%	12.25M 231.51%
ebitda													-14.32M -	-23.52M 64.21%	-31.89M 35.58%	-33.91M 6.32%	-26.02M 23.28%	-44.52M 71.13%
operating income													-16.24M -	-26.12M 60.86%	-34.95M 33.77%	-38.84M 11.15%	-29.31M 24.54%	-48.37M 65.02%
depreciation and amortization													1.92M -	2.60M 35.80%	3.06M 17.41%	4.93M 61.51%	3.29M 33.22%	3.85M 16.75%
total other income expenses net													163.00K -	-1.49M 1,011.05%	2.04M 237.04%	-2.01M 198.57%	-3.13M 56.23%	-12.91M 312.06%
income before tax													-16.08M -	-27.61M 71.73%	-32.91M 19.21%	-40.85M 24.12%	-32.44M 20.58%	-61.28M 88.88%
income tax expense													-1 -	1.79M 179,100,100%		-24K -		-552K -
net income				-1.73M -	-1.73M 0%	-1.73M 0%	-1.66M 3.98%	-1.66M 0%	-1.66M 0%	-1.96M 17.63%	-1.96M 0%	-1.96M 0%	-16.08M 721.48%	-29.40M 82.87%	-32.91M 11.95%	-40.87M 24.18%	-32.44M 20.62%	-61.08M 88.28%
weighted average shs out	2.90M -	2.90M 0%	2.90M 0%	2.77M 4.49%	2.77M 0%	2.77M 0%	2.77M 0%	2.77M 0%	2.77M 0%	2.90M 4.70%	2.90M 0%	2.90M 0%	4.09M 40.98%	4.35M 6.36%	5.24M 20.65%	5.60M 6.84%	5.85M 4.40%	6.23M 6.59%
weighted average shs out dil	2.90M -	2.90M 0%	2.90M 0%	2.77M 4.49%	2.77M 0%	2.77M 0%	2.77M 0%	2.77M 0%	2.77M 0%	2.90M 4.70%	2.90M 0%	2.90M 0%	4.09M 40.98%	4.35M 6.36%	5.24M 20.65%	5.60M 6.84%	5.85M 4.40%	6.23M 6.59%
eps	0 -	0	0	-0.63 Infinity%	-0.63 0%	-0.63 0%	-0.60 4.76%	-0.60 0%	-0.60 0%	-0.68 13.33%	-0.68 0%	-0.68 0%	-3.93 477.94%	-6.77 72.26%	-6.28 7.24%	-7.30 16.24%	-5.55 23.97%	-9.80 76.58%
epsdiluted	0 -	0	0	-0.63 Infinity%	-0.63 0%	-0.63 0%	-0.60 4.76%	-0.60 0%	-0.60 0%	-0.68 13.33%	-0.68 0%	-0.68 0%	-3.93 477.94%	-6.77 72.26%	-6.28 7.24%	-7.30 16.24%	-5.55 23.97%	-9.80 76.58%

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Mynaric

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