Mynaric AG announced the appointment of Bulent Altan as a member of the management board with immediate effect. Bulent Altan brings extensive experience in developing space products having served as Vice President at SpaceX, as well as a Vice President at Airbus Defence and Space, and will be responsible for Mynaric's space business and the representation of the company in his new role. The supervisory board has also decided to appoint Hubertus von Janecek as a member of the management board with immediate effect. Hubertus von Janecek has extensive experience in high-tech sales and among others served as vice president of Bosch Sensortec before joining Mynaric in June 2018. He will assume responsibility for the production and sales of aerospace products in his new role. Dr. Wolfram Peschko will remain on the management board to lead finance, administration and the Group's strategic development. Acting management board members Dr. Markus Knapek and Joachim Horwath both resigned from their posts as of March 13, 2019, with the approval of the supervisory board. Both will adopt new roles within the company building up new corporate fields in order to drive Mynaric's growth strategy forward.