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Mynaric (M0Y)

Business description

Mynaric has developed free space laser communication equipment that uses light to transmit data in high capacity communication networks in the air and in space.

Stock data

Market cap.€144m
Last close€53.25
High / Low (52 weeks)€65.0 / €47.3
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamTechnology
SectorTechnology

Price performance

%1m3m12m
Actual3.44.8N/A
Relative *6.71.0N/A

* % Relative to local index

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Latest research

AKTUELLE VERÖFFENTLICHUNGEN

Mynaric

Konnektivität der Zukunft

27/04/2018
Mynaric

Glasfaserlose optische Verbindungen am Himmel

30/10/2017

Investment summary

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.

Last updated on 27/04/2018

Key management

Dr. Wolfram Peschko, Chairman
Sven Meyer-Brunswick, Strategy & PR
Dr. Markus Knapek, Co-founder
Joachim Horwath, Co-founder

Company address

Friedrichshafener Str. 3
Gilching, Bavaria
82205
Germany
+49 8105 7999 0
View website