Mynaric AG
M0Y.DE
Deutsche Börse28.45
EUR
- -
- -
Mynaric AG
M0Y.DE
(Deutsche Börse)
Recent
price
28.45
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks serving government and commercial markets primarily in the United States, Europe and internationally; its core offerings include the CONDOR product line of optical communication terminals for space-to-space, space-to-air and space-to-ground connectivity in low Earth orbit (LEO) and medium Earth orbit (MEO) satellites, enabling reliable broadband and secure links for inter-satellite and intra-plane scenarios with serial manufacturing scalability; the HAWK airborne terminal for air-to-air and air-to-ground applications on unmanned aerial systems (UAS), aircraft and high-altitude platforms, providing high-bandwidth, jam-resistant and low size-weight-power (SWaP) secure data transmission up to 10,000 km at 2.5 Gbps without spectrum licensing; and solutions for high-altitude networks, secure remote surveillance, Earth observation satellite downlinks and satellite constellations. The company operates through Air and Space segments, targets defense missions, federal agencies, national security, state and local governments, satellite operators and prime contractors, with Mynaric Government Solutions as a wholly owned subsidiary focused on U.S. government and allied requirements. Founded in 2009 by former German Aerospace Center employees and headquartered in Gilching near Munich, Germany, with additional facilities in Hawthorne, California; Arlington, Virginia; and Los Angeles, Mynaric recently completed financial restructuring under German StaRUG law in August 2025, converting over $116 million in debt to equity held by principal lender JVF-Holding and securing bridge loans including $28 million from PIMCO-affiliated funds in February 2025 plus prior extensions totaling $95 million to support operations and working capital; it announced Rocket Lab's intention to acquire a controlling stake for an initial $75 million in March 2025 pending regulatory approvals post-restructuring, establishing Rocket Lab's first European base and integrating Mynaric's production assets, intellectual property and backlog for satellite optical connectivity; and achieved delivery milestones for CONDOR Mk3 terminals while maintaining production amid the process.