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

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue				444.17K -	679K 52.87%	2.35M 246.83%	4.42M 87.77%	5.39M 21.89%
cost of revenue					-1.94M -	5.44M 380.46%	56.98M 947.14%	60.48M 6.14%
gross profit					2.62M -	-3.09M 217.83%	-52.55M 1,602.95%	-55.09M 4.82%
selling and marketing expenses					451K -	1.64M 263.19%	2.28M 39.13%	1.11M 51.08%
general and administrative expenses					2.54M -	3.28M 29.39%	50.03M 1,425.43%	49.70M 0.67%
selling general and administrative expenses					2.99M -	4.92M 64.70%	4.06M 17.39%	1.02M 74.90%
research and development expenses							18.02M -	21.57M 19.72%
other expenses		8.68M -	11.23M 29.42%	12.08M 7.54%	20.69M 71.30%	34.36M 66.10%
cost and expenses					21.73M -	44.72M 105.77%	79.06M 76.79%	83.07M 5.07%
operating expenses		8.68M -	11.23M 29.42%	12.08M 7.54%	23.67M 96.03%	39.28M 65.93%	22.08M 43.78%	22.59M 2.31%
interest expense					1.05M -	2.15M 103.60%	2.63M 22.53%	15.86M 502.66%
ebitda					-19.67M -	-37.02M 88.19%	-68.18M 84.16%	-70.53M 3.46%
operating income					-21.69M -	-41.54M 91.51%	-74.64M 79.68%	-77.68M 4.08%
depreciation and amortization					2.02M -	4.52M 123.89%	228.49K 94.94%	167.90K 26.52%
total other income expenses net					-1.05M -	-2.15M 103.60%	874K 140.69%	-16.05M 1,936.16%
income before tax					-22.75M -	-43.69M 92.07%	-73.76M 68.84%	-93.72M 27.07%
income tax expense					-1K -	1.79M 179,200%	-24K 101.34%	-552K 2,200%
net income		-6.93M -	-6.65M 3.98%	-7.83M 17.63%	-22.74M 190.54%	-45.48M 99.95%	-73.78M 62.24%	-93.53M 26.76%
weighted average shs out	2.90M -	2.77M 4.49%	2.77M 0%	2.90M 4.70%	3.35M 15.72%	3.35M 0%	5.44M 62.08%	6.04M 11.17%
weighted average shs out dil	2.90M -	2.77M 4.49%	2.77M 0%	2.90M 4.70%	3.39M 17.04%	3.39M 0%	5.44M 60.25%	6.04M 11.17%
eps	0 -	-2.50 Infinity%	-2.40 4.00%	-2.70 12.50%	-6.78 151.11%	-13.56 100%	-13.57 0.07%	-15.48 14.08%
epsdiluted	0 -	-2.50 Infinity%	-2.40 4.00%	-2.70 12.50%	-6.71 148.52%	-13.41 99.85%	-13.57 1.19%	-15.48 14.08%

COM:MYNARIC

Mynaric

Last Close

28.45

01/01 00:00

Volume Today

1.44K

Avg: -

Preview