Mynaric

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.