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Mynaric

DE
commercialFounded 2009
Germany
mynaric.com
Admin Edit

Verified facts grounded in source documentation.

Mynaric was selected by Loft Federal to supply CONDOR Mk3 terminals to NExT, the SDA’s Experimental Testbed.

NARRATIVE PLAN4/4/2024Mynaric Starts Volume Production for its Flagship Space Laser Terminal

Mustafa Veziroglu will become the sole CEO of Mynaric effective from the next Annual General Assembly in early 2023-07-01 to lead Mynaric’s operational day-to-day business and upcoming serial production.

NARRATIVE GROWTH5/18/2023Mynaric restructures management with one CEO and a new appointment to the Supervisory Board

Mynaric established U.S. operations and signed a strategic supplier agreement with Northrop Grumman.

ORG RELATIONSHIP2/9/2023Military agency praised for leading the way on laser communications

Mynaric, SA Photonics, Skyloom, and Tesat are providing optical communications terminals for Space Development Agency Tranche 0 Transport and Tracking layer satellites scheduled for launch late 2022.

TECHNICAL PRODUCT10/18/2022SDA slide reveals Tranche 0 optical terminal manufacturers

Mynaric aims to develop and manufacture scalable, cost-effective, and industrialized optical communications terminals.

NARRATIVE PLAN8/17/2022Mynaric Selected to Develop Next-Generation Optical Communications Terminal for DARPA Program

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.

ORG RELATIONSHIP7/6/2022L3Harris makes strategic investment in Mynaric

Mynaric will develop the architectural design of a next-generation optical communications terminal as part of phase 0 of the Space-BACN program.

NARRATIVE PLAN12/20/2021Mynaric selected by DARPA to design next-generation optical terminals

Mynaric was selected on 2021-12-20 to participate in the Defense Advanced Research Projects Agency Space-BACN program to develop next-generation laser communications terminals to connect government and commercial satellites.

NARRATIVE PLAN12/20/2021Mynaric selected by DARPA to design next-generation optical terminals

Mynaric performed an initial public offering on the Nasdaq exchange on 2021-11-12, raising up to $75,900,000 to fund its growth.

NARRATIVE FINANCIAL11/12/2021Mynaric starts trading on Nasdaq

Mynaric intends to use IPO proceeds for sales and marketing and to expand manufacturing capabilities in the United States.

NARRATIVE FINANCIAL11/12/2021Mynaric starts trading on Nasdaq

Mynaric opened a factory in Germany for mass production of laser terminals that will initially produce several hundred units per year and scale up to several thousand units per year.

NARRATIVE GROWTH10/7/2021Longtime SpaceX executive joins Mynaric board

Mynaric opened a factory in Germany for mass production of laser terminals that will initially produce several hundred units per year and scale up to several thousand units per year.

NARRATIVE GROWTH10/7/2021Longtime SpaceX executive joins Mynaric board

Mynaric operates a facility in Hawthorne, California that combines office space and a laboratory focused on interoperability.

NARRATIVE GROWTH8/26/2021Mynaric debuts space laser terminal with sights on U.S. expansion

Mynaric achieved the industry’s first over-the-air transmission using an OISL terminal communicating with an independently built testbed that are both compliant with the SDA OISL Standard.

NARRATIVE PLAN6/10/2021Mynaric Demos Laser Comms Using The Space Development Agency’s OISL Standard

Mynaric and Cloud Constellation have signed a Memorandum of Understanding to use Mynaric’s laser communication products to connect Cloud Constellation’s LEO satellites via Optical Inter-Satellite Links.

ORG RELATIONSHIP5/25/2021Mynaric + Cloud Constellation Sign MoU To Connect Smallsats To OISLs

Mynaric will not be able to launch its first laser communications terminal 2020 because of a German ban on exporting that technology to China.

NARRATIVE CAPABILITY9/14/2020German export ban blocks Mynaric’s first laser terminal from launching in China

Mynaric raised 11,000,000 EUR in post-IPO funding from a mystery satellite constellation venture that plans to buy up to 1,000 laser communications terminals.

NARRATIVE FINANCIAL3/19/2019Mynaric raises $12.5 million from mystery constellation customer