Mynaric AG (MYNA)

NASDAQ: MYNA · IEX Real-Time Price · USD
4.200
-0.100 (-2.33%)
At close: Mar 4, 2024, 4:00 PM
4.100
-0.100 (-2.38%)
After-hours: Mar 4, 2024, 5:57 PM EST
-2.33%
Market Cap 111.00M
Revenue (ttm) 4.70M
Net Income (ttm) -78.49M
Shares Out 26.63M
EPS (ttm) -3.69
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 14,153
Open 4.450
Previous Close 4.300
Day's Range 4.200 - 4.500
52-Week Range 3.010 - 7.600
Beta 1.25
Analysts n/a
Price Target n/a
Earnings Date Apr 29, 2024

About MYNA

Mynaric AG develops and manufactures advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in the United States, Canada, and Belgium. The company offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide connectivity solutions to link satellites, high-altitude platform... [Read more]

Sector Technology
IPO Date Nov 12, 2021
Employees 293
Stock Exchange NASDAQ
Ticker Symbol MYNA
Full Company Profile

Financial Performance

In 2022, Mynaric AG's revenue was 4.42 million, an increase of 87.77% compared to the previous year's 2.36 million. Losses were -73.78 million, 62.2% more than in 2021.

Financial numbers in EUR Financial Statements

News

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 weeks 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...

7 weeks 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...

2 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 ...

3 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...

4 months ago - Accesswire

Mynaric Announces Management Participation in Upcoming Investor Conference

MUNICH, GERMANY / ACCESSWIRE / November 9, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that CFO, Stefan Berndt-von Bülow, will participate in the following investor conference: Deutsches Ei...

4 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...

4 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...

4 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...

5 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...

5 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...

6 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 ...

6 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...

6 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...

7 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...

8 months 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 ...

9 months 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...

10 months 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...

10 months ago - Accesswire

Mynaric Receives Order from Loft Federal for CONDOR Mk3 Optical Communications Terminals to Support NExT – SDA's Experimental Testbed

LOS ANGELES, CA / ACCESSWIRE / May 2, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it e...

10 months ago - Accesswire

Mynaric Announces Preliminary Unaudited Full-Year 2022 Results

Continued traction on key performance indicators as company prepares for serial production and shipments to key customers in 2H23 MUNICH, GERMANY / ACCESSWIRE / April 27, 2023 / Mynaric (NASDAQ:MYNA) ...

11 months ago - Accesswire

Mynaric Secures EUR 80.6 Million Debt/Equity Financing by Way of a US$75 Million Secured Loan and a EUR 12.4 Million Capital Increase From Authorized Capital

Financing to support near-to-medium term business plan and Company provides guidance for its key performance indicators for 2023 GILCHING, GERMANY / ACCESSWIRE / April 25, 2023 / Mynaric (FRA:M0YN)(NA...

11 months ago - Accesswire

Mynaric Announces Date of Preliminary Full-Year 2022 Financial Results Webcast and Provides Preliminary Full-Year 2022 Results Update

MUNICH, GERMANY / ACCESSWIRE / April 25, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today reported selecte...

11 months ago - Accesswire

Mynaric Selected by German Government for Multiple Projects to Develop Quantum Communication Capabilities

Projects are part of the QuNET initiative funded by Germany's Federal Ministry of Education and Research (BMBF) MUNICH, GERMANY / ACCESSWIRE / March 9, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leadin...

1 year ago - Accesswire

Mynaric Delivers CONDOR Mk2 Terminals to Telesat Government Solutions for DARPA's Blackjack Program

Delivery of flight-ready Optical Communications Terminals marks important milestone toward product space flight heritage LOS ANGELES, CA and MUNICH, GERMANY / ACCESSWIRE / February 8, 2023 / Mynaric (...

1 year ago - Accesswire

Appointment of Mustafa Veziroglu as Second Chairman of the Management Board of Mynaric AG

GILCHING, GERMANY / ACCESSWIRE / January 31, 2023 / The Supervisory Board of Mynaric AG (NASDAQ:MYNA)(FRA:M0YN) today has resolved upon an expansion of the chair of the Management Board: As of Februar...

1 year ago - Accesswire