Mynaric is a manufacturer specializing in laser communication technology for aerospace applications. They produce optical communications terminals designed for high-speed, secure, and long-distance wireless data transmission between satellites, aircraft, drones, and other mobile platforms. Mynaric's products are used in various government and commercial space programs, including contracts with the U.S. Space Development Agency (SDA), the European Space Agency (ESA) and DARPA. Rocket Lab announced plans to acquire Mynaric in March 2025, aiming to scale production of these terminals for its own constellations and other customers.
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Mynaric was one of 11 companies and organizations selected by DARPA on 2022-08-10 for the Space-BACN project to develop interoperable inter-satellite links.
Mynaric’s CONDOR Mk3 optical communications terminal offers configurable data rates between 100 Mbps and 100 Gbps.
Mynaric aims to develop and manufacture scalable, cost-effective, and industrialized optical communications terminals.
Mynaric has been selected as a key development partner to create a benchtop model of a next-generation optical communications terminal as part of Phase 1 of DARPA’s Space-BACN program.
Mynaric is a selected performer in Space-BACN Technical Area 1 to develop a flexible, low size, weight, power, and cost optical aperture that couples into single-mode fiber.
Mynaric’s stated goal is to develop and manufacture scalable, cost-effective, and industrialized optical communications terminals that can operate with other terminals irrespective of implemented laser communications standards.
Mynaric’s CONDOR Mk3 optical communications terminal offers configurable data rates between 100 Mbps and 100 Gbps.
Mynaric has been selected as a key development partner to create a benchtop model of a next-generation optical communications terminal as part of Phase 1 of DARPA’s Space-based adaptive communications node (Space-BACN) program.
CACI, MBryonics, and Mynaric were selected to develop a small optical terminal for Space-BACN.
L3Harris will invest approximately EUR 11.2 million in Mynaric by means of a capital increase from authorized capital under exclusion of subscription rights.
L3Harris will acquire 409,294 new bearer shares of Mynaric at a price of approximately EUR 27.37 per share.
Northrop Grumman selected Mynaric as a strategic supplier of laser communications systems in November 2021.
Northrop Grumman conducted a ground test of optical communications using a Mynaric terminal on 2022-06-14.
L3Harris agreed on 2022-07-05 to invest 11,200,000 EUR into Mynaric, taking a 7.2% stake in the Munich-based company.
Mynaric has an agreement with Airbus U.S. Space and Defense to install a CONDOR 2022-03-02 laser terminal on the Bartolomeo external payload rack that Airbus operates on the International Space Station.
Northrop Grumman plans to use Mynaric’s laser communications technology for intersatellite links on spacecraft it is building for the Space Development Agency’s Transport Layer Tranche 1 communications network.
Mynaric closed on 2022-07-05 near its low at $6.63 per share on the Nasdaq.
Northrop Grumman will build Tranche 1 satellites integrating the Airbus platform with government and industry payloads, including optical communications terminals made by Mynaric.
Mynaric plans to introduce the more advanced CONDOR Mk3 terminal for the Transport Layer Tranche 1 constellation.
Companies including CACI, Mynaric, and Tesat are preparing to ramp up production to support the Space Development Agency's planned procurements of optical terminals.