Mynaric

DB: M0Y

Market Cap€307.8m

Last Close €75.2

Mynaric is commercialising free space laser communication equipment that uses light to transmit data in high-capacity communication networks in the air and in space.

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Investment summary

The US Space Development Agency (SDA) is investing in a new network of reconnaissance satellites. This will potentially have hundreds of relatively inexpensive LEO satellites, each deploying optical communications links. Mynaric has already won a contract to supply optical communications links for the first phase of this project. Its focus on design for manufacture in volume and investment in capacity, as demonstrated by the recent opening of a new production hall near Munich, places it in a good position to win follow-on business as the project ramps up.

Content on Mynaric
Mynaric – The new space race
TMT | Update | 15 July 2021
Mynaric – executive interview
TMT | Edison TV | 14 July 2021
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Share price graph
Price performance
%
1m
3m
12m
Actual (3.7) 13.4 48.0
Relative* (3.0) 12.0 25.0
52-week high/low €86.0/€48.8
*% relative to local index
Key management
Bulent Altan CEO
Sven Meyer-Brunswick COO