Mynaric AG (MYNA)

NASDAQ: MYNA · IEX Real-Time Price · USD
3.93
-0.07 (-1.75%)
At close: Dec 7, 2022 3:48 PM
3.96
+0.03 (0.76%)
After-hours: Dec 7, 2022 4:00 PM EST
-1.75%
Market Cap 90.44M
Revenue (ttm) 1.09M
Net Income (ttm) -65.59M
Shares Out 5.24M
EPS (ttm) -2.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,368
Open 4
Previous Close 4
Day's Range 3.9 - 4.19
52-Week Range 3.8 - 15
Beta 1.25
Analysts Buy
Price Target 18.04 (+359.0%)
Earnings Date n/a

About MYNA

Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. 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 platf... [Read more]

Industry Communication Equipment
IPO Date Nov 12, 2021
CEO Wolfram Peschko
Employees 309
Stock Exchange NASDAQ
Ticker Symbol MYNA
Full Company Profile

Financial Performance

In 2021, Mynaric AG's revenue was 2.36 million, an increase of 246.83% compared to the previous year's 679,000. Losses were -45.48 million, 130.0% more than in 2020.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MYNA stock is "Buy." The 12-month stock price forecast is 18.04, which is an increase of 359.03% from the latest price.

Price Target
$18.04
(359.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Redwire's SpaceCREST Cybersecurity Platform to Protect Next-Generation Space Communications Hardware for DARPA Program

JACKSONVILLE, Fla.--( BUSINESS WIRE )--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that its suite of space cybersecurity tool...

Other symbols: BBAIRDW
1 day ago - Business Wire

Mynaric Delivers HAWK Terminals to New Commercial U.S.-Based Energy Customer

US-based commercial energy customer using air-to-ground terminals to explore disaster recovery use cases for laser communications LOS ANGELES, CA and MUNICH, GERMANY / ACCESSWIRE / November 28, 2022 / M...

1 week ago - Accesswire

Mynaric Applauds European Union's Agreement to Build Sovereign Satellite Constellation

Emerging companies to build 30% of infrastructure; EU plans to spend 2.4 billion euros on network with additional investments expected from European Space Agency and private sources. MUNICH, GERMANY / A...

2 weeks ago - Accesswire

Mynaric Announces Management Participation in Q4 2022 Investor Conferences

MUNICH, GERMANY / ACCESSWIRE / November 3, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced that management will participate in the following investor conferences during the fourth quarter of 2022...

1 month ago - Accesswire

Mynaric Releases First Half 2022 Financial Results

MUNICH, GERMANY / ACCESSWIRE / October 31, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today reported financial results for the first half of 2022 for the period ending June 30, 2022. The first half 2022 rep...

1 month ago - Accesswire

Mynaric Announces Date of First Half 2022 Financial Results and Provides Full-Year 2022 Guidance Update

MUNICH, GERMANY / ACCESSWIRE / October 25, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced a full-year 2022 guidance update for its key financial metrics. In addition, Mynaric has scheduled a con...

1 month ago - Accesswire

Mynaric Announces Full-Year 2022 Guidance Update

MUNICH, GERMANY / ACCESSWIRE / October 25, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) today announced a full-year 2022 guidance update for its key financial metrics: Optical Communications Terminal Backlog:...

1 month ago - Accesswire

Mynaric to Provide Optical Communications Terminals to Northrop Grumman as Part of the Space Development Agency's Tra...

LOS ANGELES, CA / ACCESSWIRE / October 18, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced it wil...

1 month ago - Accesswire

Mynaric Selected for Next Phase of DARPA Program

Phase 1 Goal to Develop Benchtop Model of Next-Generation Optical Communications Terminal for Proliferated Space Domain LOS ANGELES, CA / ACCESSIRE / August 10, 2022 / Mynaric has been selected as a key...

3 months ago - Accesswire

Mynaric Announces Participation in Upcoming Jefferies Industrials Conference and Canaccord Genuity 42nd Annual Growth...

MUNICH, GERMANY / ACCESSWIRE / August 3, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) today announced that management will participate in the following investor conferences during the month of August. The pres...

4 months ago - Accesswire

Mynaric Signs L3Harris as Strategic Investor and Intensifies Collaboration

MUNICH, GERMANY and MELBOURNE, FL / ACCESSWIRE / July 5, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) and L3Harris (LHX) today signed agreements related to an investment in Mynaric by L3Harris and to future co...

Other symbols: LHX
5 months ago - Accesswire

Mynaric Resolves on Capital Increase From Authorized Capital With the New Shares Being Subscribed by L3Harris

GILCHING, GERMANY / ACCESSWIRE / July 5, 2022 / The management board of Mynaric AG (the "Company") today resolved, with the approval of the supervisory board, to increase the Company's share capital fro...

5 months ago - Accesswire

Mynaric Acts as Sole Laser Communication Supplier for Northrop Grumman as Part of Milestone U.S. Government Program

In March 2022, Mynaric Received Largest Order of Optical Communications Terminals to Date in the Framework of the Space Development Agency's Tranche 1 Transport Layer Program LOS ANGELES, CA / ACCESSWIR...

Other symbols: NOC
5 months ago - Accesswire

Mynaric and Airbus U.S. Space & Defense, Inc. Sign Contract for Laser Communication Demonstration on ISS Bartolomeo P...

Airbus's payload hosting platform to demonstrate Mynaric's laser communication product on the International Space Station HOUSTON, TX / ACCESSWIRE / May 12, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) and Air...

6 months ago - Accesswire

Mynaric Announces New Date of FY21 Business Update

MUNICH, GERMANY / ACCESSWIRE / March 26, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) today announced that its upcoming FY21 business update will be postponed by one week because the management team is unavail...

8 months ago - Accesswire

Mynaric Receives $36 Million Order from Northrop Grumman

LOS ANGELES, CA / ACCESSWIRE / March 21, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) has today entered into a definitive agreement with Northrop Grumman for delivery of optical communication terminals in the ...

8 months ago - Accesswire

Mynaric Exhibiting, Presenting and Holding Live Demo at SATELLITE 2022

LOS ANGELES, CA / ACCESSWIRE / March 21, 2022 / Mynaric will exhibit at SATELLITE 2022 from March 21-24, showcasing a public product demonstration of our HAWK Optical Communication Terminal for the firs...

8 months ago - Accesswire

Mynaric Announces Date of FY21 Business Update and Crowdsources Questions

MUNICH, GERMANY / ACCESSWIRE / March 11, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) today announced it plans to publish its FY21 business update, including selected key figures of the preliminary financial r...

8 months ago - Accesswire

Mynaric CCO Tina Ghataore Nominated for Via Satellite's Satellite Executive of the Year Honor

Industry's Most Prestigious Award Recognizes Excellence in the Global Satellite and Space Communities, Voting Open Now Tina Ghataore Selected to Participate in SATELLITE 2022's Opening Session LOS ANGEL...

9 months ago - Accesswire

Mynaric Receives 2021 Pioneer Space Business Award of the Year from Euroconsult

PARIS, FRANCE / ACCESSWIRE / December 15, 2021 / Mynaric, a leader in laser communication for space applications, received the 2021 Pioneer Space Business Award of the Year at this year's World Satellit...

11 months ago - Accesswire

Mynaric Announces Closing of Public Offering in the United States

GILCHING, GERMANY / ACCESSWIRE / November 21, 2021 / Mynaric AG (NASDAQ:MYNA)(Frankfurt Stock Exchange:M0Y) announced today the closing of its public offering on November 16, 2021 in the United States o...

1 year ago - Accesswire

German space lasers company Mynaric CEO talks Nasdaq IPO, plans for growth

German laser communications company Mynaric listed on the Nasdaq and CEO Bulent Altan, a former SpaceX executive, spoke to CNBC about the company's U.S. IPO.

1 year ago - CNBC

Mynaric has Announced Pricing of Initial Public Offering in the United States

NEW YORK, NY / ACCESSWIRE / November 12, 2021 / Mynaric AG, a leading developer and manufacturer of high-speed and high-security laser communication products for air and spaceborne applications in gover...

1 year ago - Accesswire