Mynaric announced that it entered into an additional definitive agreement with a previously undisclosed U.S.-based customer for the delivery of CONDOR Mk3 optical communication terminals. The order has a value of around USD 6 million, foresees payment milestones in Fourth Quarter 2023 and 2024 and product deliveries in the second half of 2024. Mynaric's commitment to leading-edge laser communication technology is further cemented with this new agreement.

As the industry leans towards scalable optical communication solutions, Mynaric's partnerships and milestones serve as an affirmation of its position as a trusted leader in the sector.