Report
Anne Margaret Crow

Mynaric - Connectivity of the future

During FY17, the successful demonstration of its innovative laser communications technology put Mynaric in a strong position to become preferred supplier to the airborne internet systems planned by Facebook and Google and the mega-constellations of thousands of small satellites proposed by SpaceX and OneWeb. The €27.3m (gross) from the October 2017 placing are being used to accelerate development of the spaceborne terminal, implement the in-house assembly and test capability needed for volume roll-out in FY19, and expand Mynaric’s presence in the US.
Underlying
Mynaric AG

Mynaric AG is a Germany-based holding company specializing in laser communication technologies for high-bandwidth and long distance point-to-point communication between moving objects for terrestrial, airborne and space applications. Its wireless data transmission products include Optical Ground Stations, Air-to-Ground, Air-to-Air and Space Terminals, as well as subcomponents and custom solutions. Applications for the Company's products include high altitude networks, secure remote surveillance, downlinks for Earth observation satellites, satellite constellations and Smart City infrastructure, among others. The Company cooperates with the German Aerospace Center (DLR) in research on free-space optical communication. The Company provides centralized services for the Mynaric Group, which consists of Mynaric Lasercom GmbH and Mynaric USA, Inc., a branch in the United States, supporting North American customers on special projects.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Anne Margaret Crow

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