Mynaric AG

M0YN

DE000A31C305

Communications & Networking

Market Closed - Xetra Other stock markets 11:36:20 2024-04-26 am EDT			5-day change	1st Jan Change
19.5 ^EUR	+1.04%		-2.99%	-7.58%

Apr. 03	Mynaric Begins Volume Production for its Space Laser Terminal - CONDOR Mk3	CI
Mar. 14	Mynaric Boosts Borrowing Capacity in Newly Amended Loan Deal	MT

Mynaric Secures Another Contract with a U.S. Customer for its Condor Mk3 Terminals

November 29, 2023 at 02:20 am EST

Mynaric has entered into a definitive agreement for an additional order from an existing undisclosed US-based customer for the delivery of CONDOR Mk3 optical communication terminals. The contract, with a value of around USD 30 million, foresees payment milestones starting in 2023 and continuing throughout 2024 and 2025 with product deliveries beginning in mid-2024 and continuing into 2025.

Latest news about Mynaric AG

Mynaric Begins Volume Production for its Space Laser Terminal - CONDOR Mk3	Apr. 03	CI
Mynaric Boosts Borrowing Capacity in Newly Amended Loan Deal	Mar. 14	MT
Mynaric AG Decides Amendment to its Existing USD 75 Million Loan Agreement with its Us-Based Lenders	Mar. 14	CI
Mynaric Selects for Phase 2 of Darpa Space-Bacn Program	Jan. 16	CI
Sector Update: Tech Stocks Rise Slightly Premarket Wednesday	Dec. 13	MT
Investor Sentiment Muted Ahead of Rate Decision, Driving Quiet Premarket Action for US Equity Futures	Dec. 13	MT
Fed Meeting Awaited as Exchange-Traded Funds, Equity Futures Edge Higher Pre-Bell Wednesday	Dec. 13	MT
Mynaric Secures $33 million Optical Communication Terminals Order from Northrop Grumman	Dec. 13	MT
Mynaric Receives $33 Million Order from Northrop Grumman	Dec. 13	CI
Mynaric Secures Another Contract with a U.S. Customer for its Condor Mk3 Terminals	Nov. 29	CI
Mynaric Provides Earnings Guidance for the Full Year 2023	Nov. 09	CI
ADRs Advance; Trivago N.V. Climbs 86.6%	Nov. 02	DJ
Mynaric Receives USD 25 Million Order from Northrop Grumman	Nov. 02	CI
Mynaric Secures Additional Contract with U.S. Customer for Its Condor Mk3 Terminals	Nov. 01	CI
Mynaric AG Passes Major Product Milestone of CONDOR Mk3	23-09-28	CI
Mynaric AG(XTRA:M0YN) dropped from S&P Global BMI Index	23-09-18	CI
Transcript : Mynaric AG, H1 2023 Earnings Call, Sep 14, 2023	23-09-14
Mynaric AG Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-14	CI
ADRs End Higher; Akso Health Group Climbs 33.6%	23-08-25	DJ
Germany's Mynaric Selected for US Optical Ground Station Demo	23-08-22	MT
Mynaric Selected by Space Development Agency for Optical Ground Terminal Demonstration	23-08-22	MT
Space Development Agency Taps Mynaric for Optical Ground Station Project	23-08-22	CI
Mynaric Announces Executive Changes	23-08-08	CI
Mynaric AG to Supply Communication Terminals for Space Development Agency Satellite Tracking Program	23-06-21	MT
Mynaric AG Selected by Raytheon Technologies to Supply Optical Communications Terminals for SDA Tranche 1 Tracking Layer Program	23-06-21	CI

Chart Mynaric AG

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Company Profile

Mynaric AG is a Germany-based holding company, specializing in developing laser communication technologies for high-bandwidth and long-distance point-to-point communication between moving objects for terrestrial, airborne and space applications. Its wireless data transmission products include Optical Ground Stations, Air-to-Ground, Air-to-Air and Space Terminals, as well as subcomponents and custom solutions. Applications for the Company's products include high altitude networks, secure remote surveillance, downlinks for Earth observation satellites, satellite constellations and Smart City infrastructure, among others. The Company cooperates with the German Aerospace Center (DLR) in research on free-space optical communication. The Company provides centralized services for the Mynaric Group, which consists of Mynaric Lasercom GmbH, Mynaric Systems GmbH and Mynaric USA, Inc a branch in the United States, supporting North American customers on special projects.

Sector

Communications & Networking

Calendar

2024-10-27 - Q2 2024 Earnings Release (Projected)

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Ratings for Mynaric AG

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

19.5 EUR

Average target price

41 EUR

Spread / Average Target

+110.26%

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Satellite Communications Network

Mynaric AG

Equities

M0YN

DE000A31C305

Communications & Networking

Mynaric Secures Another Contract with a U.S. Customer for its Condor Mk3 Terminals

EPS Revisions