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 (07.02.2026):
Mynaric AG — FY 2023 results (full year 2023; presentation dated June 20, 2024). The company reported FY 2023 revenue of €5.4 million, an operating loss of €79.2 million and cash-in from customer contracts of €49.2 million. At year‑end the optical communications terminal backlog stood at 794 units. For FY 2024 Mynaric guided to revenue of €50–70 million, an operating loss of €40–30 million (loss), cash‑in from customer contracts of €65–100 million and backlog of 800–1,000 terminals. Management highlighted the first unit shipment in Q1 2024 and a ramp toward serial production, while noting potential financing needs if production or order timelines slip.
Revenue and FY2024 outlook
FY 2023 revenue: €5.4M. FY 2024 guidance: revenue expected between €50M and €70M, reflecting the planned production ramp and customer program deliveries.
Profitability
FY 2023 operating loss: €79.2M. FY 2024 expected operating loss: between €40M and €30M (i.e., narrower loss as revenue scales).
Cash, cash‑in and backlog
Cash‑in from customer contracts in FY 2023: €49.2M. FY 2023 optical communications terminal backlog: 794 units. FY 2024 targets: €65–100M cash‑in and backlog of 800–1,000 units.
Commercial and operational progress
Management reported the first unit shipment in Q1 2024, multiple government awards, the strongest pipeline in company history and a focus on ramping serial production and operational excellence.
Financing and risk notice
The FY 2024 outlook is conditioned on the planned production ramp and liquidity projection; Mynaric warns that production delays or slower order intake would likely require raising additional capital and it is considering multiple options to secure cash needs.
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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