MYNA News and Press, Mynaric AG From 04/24/23

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 selected preliminary unaudited full-year 2022 results. For the full year 2022, Mynaric expects revenu...

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 leading provider of industrialized, cost-effective and scalable laser communications products, t...

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 (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective, and scalable...

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 February 1, 2023, Mustafa Veziroglu will join Bulent Altan, as second chairman of the Management Boar...

MUNICH, GERMANY / ACCESSWIRE / January 31, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced the appointment of Mustafa Veziroglu as Co-CEO of the company, effective February 1, 2023. Must...

CONDOR Mk3 terminals to be used to establish an optical data relay network for LEO satellites MUNICH, GERMANY and TOKYO, JAPAN / ACCESSWIRE / January 24, 2023 / Mynaric (NASDAQ:MYNA) (FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications product...

MUNICH, GERMANY / ACCESSWIRE / January 16, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today reported on key performance indicators for the year ending December 31, 2022. As of December 31, 2022, the op...

Mynaric ( NASDAQ: MYNA ) has entered into a definitive agreement with a new, undisclosed U.S.-based customer for the delivery of CONDOR Mk3 optical communication terminals. The order has a value of around $24M, foresees payment milestones in the first and second half of 2023 and p...

LOS ANGELES, CA / ACCESSWIRE / January 9, 2023 / Mynaric (NASDAQ:MYNA)(FRA:M0YN) has today entered into a definitive agreement with a new, undisclosed U.S.-based customer for the delivery of CONDOR Mk3 optical communication terminals. The order has a value of around $24 million, foresees payment...

Summary MYNA has landed some contract wins, but not at large enough scale to generate profit. MYNA cash-burn each quarter is accelerating to new heights, requiring significant financing via debt and/or capital raise. MYNA shareholders unlikely to be rewarded appropriately for risk g...