Mynaric AG
M0YN
ISIN DE000A31C305 / Valor 121337525
Mynaric AG
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About company
Mynaric AG, a company publicly traded on both the Nasdaq and Frankfurt stock exchanges, specializes in the development and manufacturing of optical communications terminals for a variety of applications including terrestrial, mobility, airborne, and space-based platforms. Founded in 2009 and headquartered in Munich, Germany, with additional facilities in Los Angeles, California, and Washington, D.C., Mynaric aims to revolutionize data transmission through its laser communication networks. These networks are designed to enable ultra-high data rates and secure, long-distance data exchange between moving objects, enhancing connectivity across the globe. Over the years, Mynaric has achieved significant technological milestones, including setting world records for air-to-ground data transmission speeds in collaboration with notable partners such as Airbus/Cassidian and Facebook. The company's growth trajectory has been marked by its initial public offering on the Frankfurt stock exchange, followed by an IPO on Nasdaq, and the establishment of its first serial production facility, positioning Mynaric as a leader in the industrialization of laser communication systems.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (10.11.2025):
Mynaric AG’s FY 2023 financial results reveal a year of solid progress and increasing momentum. The company reported improvements in key performance indicators – most notably a strong increase in cash received from customer contracts and a robust optical communications terminal backlog – while setting the stage for operational milestones such as its first unit shipment in 1Q 2024. These results underscore the company’s growing market presence, deliberate focus on operational excellence, and a reinforced pipeline of customer opportunities as it looks ahead to FY 2024.
Revenue & Income Performance
For FY 2023, Mynaric AG achieved revenue figures around EUR 6.0 million, reflecting steady growth compared to prior periods. The financial measures, including non-IFRS metrics, indicate that the company is managing its income and cost structure effectively while investing in its production ramp-up.
Customer Contract Cash-In & Backlog
The report highlights a significant increase in cash-in from customer contracts – a key indicator of forthcoming revenue during product delivery phases. Additionally, a strong optical communications terminal backlog underscores sustained demand and beneficial market positioning.
Production Milestones & Future Outlook
Mynaric AG marked an important production milestone with the first unit shipment in 1Q 2024. The multiple awards recently received and the strongest customer pipeline in its history demonstrate the company’s solid foundation for growth and its targeted approach towards government constellation projects and serial production.
Financial Position & Operational Focus
The balance sheet figures reflect healthy cash and cash equivalents, managed inventories, and planned capital expenditure. Together with the push for operational excellence, these results position Mynaric AG well for both current performance improvements and future expansion as the company continues to execute its strategic plans.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
9 M
Market cap (USD)
Daily traded volume (Shares)
1.585 / 1.255
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
Leonardo Ceresa
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