Report
Marcel Goldmann
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Mynaric AG - Interview english - 20.11.17

Mynaric was founded in 2009 by former employees of the German Aerospace Center (DLR) with the goal to commercialise some decades worth of experience with wireless laser communication for aerospace applications. Starting from 2012 did Mynaric Lasercom GmbH (former Vialight Communications GmbH) work with customers on demonstrations for air-to-ground and air-to-air scenarios to advance the technology and achieve product-level maturity. From there, Mynaric quickly established an international reputation for wireless laser communications for airborne applications and expanded its market reach to include a wide variety of world-class customers and suppliers. The growth of Mynaric’s market success is reflected in the growth of the company – tripling the number of staff since 2014. In 2016, Mynaric expanded its business and established a North American office to serve customers in the USA and Canada. The Huntsville, USA, based Mynaric USA, Inc. (former Vialight Space Inc.) supports American customers on special projects and necessary product modifications. The USA branch has significant involvement in the development of Mynaric’s space terminals specifically developed for low Earth orbit satellite constellations. In 2017, Mynaric continued on its growth path with the establishment of a holding company, Mynaric AG, that functions as a management holding providing centralised services for the group. The brand Mynaric was established in September 2017 and superseded the former brand Vialight.

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
GBC AG
GBC AG

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Analysts
Marcel Goldmann

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