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Stock impact report

Mynaric Selected for Phase 2 of DARPA Space-BACN Program [Yahoo! Finance]

Mynaric AG (MYNA) 
Company Research Source: Yahoo! Finance
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. Today's announcement follows Mynaric's previous participation in Phase 0 in December 2021 and Phase 1 in August 2022 of the program. "We are honored to contribute to DARPA's revolutionary approach to space-based communications which will enhance our national security," said Tim Deaver, Vice President of US Government Sales and Strategic Solutions of Mynaric. "We are at the tipping point of unleashing the full utility of these networks using free space optical communications technology to create seamless in Show less Read more
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