Volume Production Begins for Mynaric's Flagship Space Laser Terminal - CONDOR Mk3 [Yahoo! Finance]
Mynaric AG (MYNA)
Company Research
Source: Yahoo! Finance
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. "Today marks the culmination of the promise we made to our customers, our shareholders, the industry and our workforce to develop and manufacture free space optical communications systems for mass deployment," said Mustafa Veziroglu, CEO of Mynaric. "These systems will be part of government and commercial constellations, representing the start of a major new chapter for the company. I am incredibly proud of the entire team here at Mynaric, who, through collaboration with our key customers, are the reason we've reached this tremendous milestone."
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MYNA
News
- Volume Production Begins for Mynaric's Flagship Space Laser Terminal - CONDOR Mk3PR Newswire
- Volume Production Begins for Mynaric’s Flagship Space Laser Terminal - CONDOR Mk3Accesswire
- Mynaric Starts Volume Production and Makes Initial ShipmentAccesswire
- Investing in Space: What to make of SpaceX selling satellite lasers [CNBC]CNBC
- Mynaric Increases USD 75 million Borrowing Capacity on Loan Agreement by USD 20 million [Yahoo! Finance]Yahoo! Finance
MYNA
Sec Filings
- 4/30/24 - Form NT
- 4/3/24 - Form 6-K
- 4/1/24 - Form 6-K
- MYNA's page on the SEC website