Mynaric AG Price, Forecast, Insider, Ratings, Fundamentals & Signals

Initial shipment leaves munich production facility munich , april 3, 2024 /prnewswire/ -- mynaric (nasdaq: myna) (fra: m0yn), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced a milestone in the product maturity of the company's flagship free space optical communications terminal for space-to-space and space-to-ground applications - the condor mk3. volume production for the optical communications terminal began early in the first quarter of 2024 with an initial shipment made last week following customer approval.

Initial shipment leaves munich production facility munich, germany / accesswire / april 3, 2024 / mynaric (nasdaq:myna)(fra:m0yn), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced a milestone in the product maturity of the company's flagship free space optical communications terminal for space-to-space and space-to-ground applications - the condor mk3. volume production for the optical communications terminal began early in the first quarter of 2024 with an initial shipment made last week following customer approval.

Munich, germany / accesswire / march 30, 2024 / mynaric ag (nasdaq:myna)(isin: us62857x1019)(fra:m0yn)(isin: de000a31c305) (the "company") today, following customer approval, shipped the first flight model condor mk3 optical head and updates the company's volume production and shipment expectations as most recently provided on january 10, 2024. serial production of condor mk3 terminals started in the first quarter of 2024, and the company currently expects further increases in production and shipments to continue in the second quarter of 2024.

Munich, germany / accesswire / march 14, 2024 / mynaric ag (nasdaq:myna; isin: us62857x1019)(fra:m0yn; isin: de000a31c305) (the "company") today decided on an amendment to its existing us$75 million loan agreement with its us-based lenders, which are funds affiliated with a u.s.-based global investment management firm (the "lenders"), to increase the borrowing capacity on the loan agreement by us$20 million utilizing a delayed draw facility provided on substantially the same terms and conditions as the existing term loan facility. as is the case for the existing term loan facility, the borrower under the delayed draw facility will be the company's wholly-owned subsidiary, mynaric usa inc. the us$20 million delayed draw facility is available until september 2025 and, as is the case for the existing term loan facility, loans drawn thereunder will be guaranteed by the company and each of its subsidiaries, and will be secured by a security interest in substantially all of the assets of the borrower and each of the guarantors.

Los angeles, ca / accesswire / january 16, 2024 / mynaric (nasdaq:myna)(fra:m0yn), a leading provider of industrialized, cost-effective and scalable laser communications products, has been selected as a key development partner of phase 2 of the space-based adaptive communications node (space-bacn) program of the defense advanced research projects agency (darpa). darpa's space-bacn program envisions a low-cost, scalable optical communications terminal that could be reconfigured to work with various optical intersatellite link standards allowing seamless communication among government and commercial leo satellite constellations.

Earlier this week SpaceX President and COO Gwynne Shotwell announced the company will begin selling "space lasers."

Mynaric develops laser communication technology for the aerospace and defense industries, with potential for commercial applications. The company's customer base includes government agencies and high-profile companies such as Northrop Grumman and L3Harris Technologies. MYNA faces competition from established aerospace giants and risks of shareholder dilution but has the potential for profitability in the future.

MUNICH, GERMANY / ACCESSWIRE / October 12, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that CEO, Mustafa Veziroglu, and CFO, Stefan Berndt-von Bülow, will participate in the following investor conferences during the fourth quarter of 2023: Deutsche Bank 2023 Global Space Summit New York, New York, USA November 15, 2023 UBS Aerospace and Defense Conference 2023 Palm Beach, Florida, USA November 16-17, 2023 Morgan Stanley 6th Annual Space Summit New York, New York, USA December 5, 2023 Further information including details regarding the public webcast of these events will be found on the Mynaric Investor Relations website at www.mynaric.com/investor-relations/calendar/. About Mynaric Mynaric (NASDAQ:MYNA)(FRA:M0YN) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications.

MUNICH, GERMANY / ACCESSWIRE / September 7, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced it has scheduled a webcast to discuss its preliminary unaudited half-year 2023 financial results for Thursday, September 14, 2023, at 12:00 p.m. Eastern Daylight Time (6:00 p.m.

MUNICH, GERMANY / ACCESSWIRE / August 17, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that management will participate in the following investor conferences during the third quarter of 2023: Jefferies Industrials Conference New York, New York September 6, 2023 8:30 a.m. EDT / 2:30 p.m.

MUNICH, GERMANY / ACCESSWIRE / May 31, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that management will participate in the following upcoming investor conferences during the second quarter of 2023: Emerging Growth Space Conference Virtual Company and Panel Presentation June 7, 2023 09:55 a.m. EST / 3:55 p.m.

Mynaric AG (NASDAQ:MYNA ) Q4 2022 Earnings Conference Call April 27, 2023 12:00 PM ET Company Participants Thomas Dinges - Vice President, Investor Relations Bulent Altan - Co-Chief Executive Officer Mustafa Veziroglu - Co-CEO Stefan Berndt-Von Bulow - Chief Financial Officer Conference Call Participants Gregory Konrad - Jefferies Scott Deuschle - Credit Suisse Zafer Rüzgar - Pareto Securities Operator Good day, and thank you for standing by. Welcome to the Mynaric Preliminary Full Year 2022 Results Conference Call.

MUNICH, GERMANY / ACCESSWIRE / April 25, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today reported selected preliminary unaudited full-year 2022 results. For the full year 2022, Mynaric expects revenue of approximately EUR 4.4 million and a net operating loss of approximately EUR 73.8 million.

MUNICH, GERMANY / ACCESSWIRE / November 3, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that management will participate in the following investor conferences during the fourth quarter of 2022: Deutsche Bank 2022 Global Space Summit Virtual Panel Presentation (Webcast) November 10, 2022 11:45 a.m. EST / 5:45 p.m.

Mynaric AG (NASDAQ:MYNA ) Q2 2022 Earnings Conference Call October 31, 2022 1:00 PM ET Company Participants Tom Dinges - Vice President, Investor Relations Bulent Altan - Chief Executive Officer Stefan Berndt-Von Bulow - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Austin Moeller - Canaccord Genuity Operator Good day and thank you for standing by. Welcome to the Mynaric First Half 2022 Results Webcast Call.