Germany-based Mynaric, which manufactures sophisticated laser technology for use in satellites, is raising cash by selling up to 20 million American Depositary Shares (ADS) equal to 5 million of the company’s ordinary shares. Dated September 29th, the offer says that the ADS value is currently $4.80 according to their listing on Nasdaq. Mynaric’s German ordinary […]

Munich-headquartered Mynaric makes inter-satellite laser links (more correctly called optical communications terminals). It has just reported its half-year results, which show continued demand for its products. The news release highlighted that Mynaric has raised €80.6 million growth capital in April 2023 via a $75 million 5-year term loan debt and equity issuance to US-based global […]

Munich-based Mynaric makes laser communication equipment for airborne and spaceborne communication networks. The growing mega-constellations of satellites increasingly depend on these laser inter-satellite links. And business at Mynaric is booming. As at April 27th it enjoyed a 348 terminal backlog, up from 256 orders as at Dec 31st. Mynaric’s mission statement is simple: “We create […]