Mynaric

DB: M0Y

€232.6m market cap

€72.8 last close

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.

Investment summary

Recent newsflow demonstrates that not only are government and commercial entities planning satellite constellations deploying optical communications links but also that Mynaric is being selected as a supplier of laser communications terminals for these constellations. Given Mynaric’s focus on the creation of terminals that can be manufactured and deployed in relatively high volumes, this puts it in a good position to take market share as demand for terminals starts to grow.

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Sector
TMT
Share price graph
Price performance
%
1m
3m
12m
Actual 1.7 50.1 87.1
Relative* 3.1 46.2 85.3
52-week high/low €87.0/€28.1
*% relative to local index
Key management
Bulant Altan Member of Management Board
Sven Meyer-Brunswick COO