Mynaric AG (MYNA)

NASDAQ: MYNA · IEX Real-Time Price · USD
3.950
-0.190 (-4.59%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-4.59%
Market Cap 98.49M
Revenue (ttm) 5.99M
Net Income (ttm) -103.92M
Shares Out 24.93M
EPS (ttm) -4.16
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 838
Open 4.002
Previous Close 4.140
Day's Range 3.950 - 4.002
52-Week Range 3.010 - 7.580
Beta 1.17
Analysts n/a
Price Target n/a
Earnings Date Jul 16, 2024

About MYNA

Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications. It offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight t... [Read more]

Sector Technology
IPO Date Nov 12, 2021
Employees 314
Stock Exchange NASDAQ
Ticker Symbol MYNA
Full Company Profile

Financial Performance

In 2023, Mynaric AG's revenue was 5.39 million, an increase of 21.89% compared to the previous year's 4.42 million. Losses were -93.53 million, 26.8% more than in 2022.

Financial numbers in EUR Financial Statements

News

ReOrbit selects Mynaric's CONDOR Mk3 for Space-to-Space and Space-to-Ground Laser Communications Demonstration

MUNICH, GERMANY / ACCESSWIRE / June 25, 2024 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it...

7 days ago - Accesswire

Mynaric Announces Management Participation in Upcoming Investor Conference

MUNICH, GERMANY / ACCESSWIRE / June 21, 2024 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that management will participate in the following upcoming investor conference during the second quarter ...

11 days ago - Accesswire

Mynaric Announces Preliminary Full-Year 2023 Results and Provides Outlook for Full-Year 2024

MUNICH, GERMANY / ACCESSWIRE / June 20, 2024 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announces prelimi...

12 days ago - Accesswire

Mynaric Publishes Outlook Including Revenue Guidance for Full-Year 2024

MUNICH, GERMANY / ACCESSWIRE / June 20, 2024 / Mynaric AG (NASDAQ:MYNA) (ISIN: US62857X1019) (FRA:M0YN) (ISIN: DE000A31C305) (the "Company") provides today its outlook for the fiscal year 2024, which ...

12 days ago - Accesswire

Mynaric Selected by Rocket Lab for Space Development Agency's Tranche 2 Transport Layer - Beta Program

Laser Communications Manufacturer Expands Customer Roster LOS ANGELES, CA / ACCESSWIRE / May 7, 2024 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalabl...

Other symbols: RKLB
2 months ago - Accesswire

Volume Production Begins for Mynaric's Flagship Space Laser Terminal - CONDOR Mk3

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 co...

3 months ago - PRNewsWire

Mynaric Starts Volume Production and Makes Initial Shipment

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 ...

3 months ago - Accesswire

Mynaric Increases USD 75 million Borrowing Capacity on Loan Agreement by USD 20 million

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 l...

3 months ago - Accesswire

Mynaric Selected for Phase 2 of DARPA Space-BACN Program

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...

6 months ago - Accesswire

Mynaric Reports on Key Performance Indicators for 2023

MUNICH, GERMANY / ACCESSWIRE / January 10, 2024 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today reported on ke...

6 months ago - Accesswire

Mynaric Receives US $33 million Order from Northrop Grumman

MUNICH, GERMANY / ACCESSWIRE / December 13, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) has today entered into a definitive agreement with Northrop Grumman for the delivery of optical communication termina...

7 months ago - Accesswire

Mynaric Secures Another Contract with a U.S. Customer for its CONDOR Mk3 Terminals

MUNICH, GERMANY / ACCESSWIRE / November 29, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) has today entered into a definitive agreement for an additional order from an existing undisclosed US-based customer ...

7 months ago - Accesswire

Mynaric Updates Guidance for 2023

MUNICH, GERMANY / ACCESSWIRE / November 9, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) has today announced an update to full-year 2023 guidance for its key financial performance metrics: Optical Communicat...

8 months ago - Accesswire

Mynaric Receives US-$25 million Order from Northrop Grumman

MUNICH, GERMANY / ACCESSWIRE / November 2, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) has today entered into a definitive agreement with Northrop Grumman for the delivery of optical communication terminal...

8 months ago - Accesswire

Mynaric Secures Additional Contract with U.S. Customer for its CONDOR Mk3 Terminals

MUNICH, GERMANY / ACCESSWIRE / November 1, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that...

8 months ago - Accesswire

Mynaric Announces Management Participation in Upcoming Investor Conferences

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 inves...

9 months ago - Accesswire

Mynaric Passes Major Product Milestone of CONDOR Mk3, Completing Verification and Interoperability Tests

Optical communications terminal passes rigorous test campaign in context of the Tranche 1 program of the Space Development Agency MUNICH, GERMANY / ACCESSWIRE / September 28, 2023 / Mynaric (NASDAQ:MY...

9 months ago - Accesswire

Mynaric Announces Half-Year 2023 Results

Continued traction on key performance indicators as company prepares for serial production and shipments to key customers in 2H23 MUNICH, GERMANY / ACCESSWIRE / September 14, 2023 / Mynaric (NASDAQ:MY...

10 months ago - Accesswire

Mynaric Announces Date of Preliminary Half-Year 2023 Financial Results Webcast

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 ...

10 months ago - Accesswire

Space Development Agency Taps Mynaric for Optical Ground Station Project

Multiple experiments to be conducted during demonstration LOS ANGELES, CA / ACCESSWIRE / August 22, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and sca...

11 months ago - Accesswire

Mynaric Annual General Assembly: Bulent Altan Elected by Shareholders to Join Supervisory Board, Mustafa Veziroglu Now Sole CEO

MUNICH, GERMANY / ACCESSWIRE / August 8, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced key re...

11 months ago - Accesswire

Mynaric wins INNOSpace Masters Award from the German Space Agency at the DLR

Company receives top honor in the SME/Scale-Up category MUNICH, GERMANY / ACCESSWIRE / July 13, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalabl...

1 year ago - Accesswire

Mynaric AG: Mynaric Selected by Raytheon Technologies to Supply Optical Communications Terminals for SDA Tranche 1 Tracking Layer Program

SDA increases satellites in program following budget increase LOS ANGELES, CA / ACCESSWIRE / June 21, 2023 / Mynaric (NASDAQ:MYNA) (FRA:M0YN), a leading provider of industrialized, cost-effective and ...

1 year ago - Accesswire

Mynaric Optimizes Management Structure: Mustafa Veziroglu Will Become Sole CEO with Bulent Altan Set to Join Supervisory Board

MUNICH, GERMANY / ACCESSWIRE / May 11, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced that th...

1 year ago - Accesswire

Mynaric: Co-CEO Bulent Altan Aims for Transfer to the Company's Supervisory Board; Co-CEO Mustafa Veziroglu will Become the Sole CEO

GILCHING, GERMANY / ACCESSWIRE / May 11, 2023 / The Supervisory Board of Mynaric AG (NASDAQ:MYNA)(FRA:M0YN) and the Co-CEO of the Company, Bulent Altan, in alignment with the further members of the Ma...

1 year ago - Accesswire