Mynaric AG

M0YN

Equity

ISIN DE000A31C305 / Valor 121337525

Xetra (2025-08-01)

EUR 0.17%

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: Technology

Financial results (FY 2023)

Revenue: €5.4M. Operating loss: -€79.2M. Cash‑in from customer contracts (non‑IFRS): €49.2M. Optical communications terminal backlog: 794 units at year‑end.

Balance sheet snapshot

Cash & cash equivalents: ~€22.7M. Inventories: ~€22.3M. Property, plant & equipment: ~€10.2M (figures shown in the FY 2023 slides).

Operational and commercial progress

First unit shipment occurred in Q1 2024. Company reports strongest pipeline in its history, multiple awards supporting government constellations, and focus on ramping serial production and operational excellence.

FY 2024 outlook

Guidance (FY 2024): Revenue €50–70M; Operating loss between -€40M and -€30M; Cash‑in from customer contracts €65–100M; Backlog target 800–1,000 terminals. Outlook assumes planned production ramp and current liquidity projection.

Key risks and notes

The presentation emphasizes forward‑looking risks (supply chain, production ramp, long sales cycles, need for financing) and states measures like cash‑in are non‑IFRS indicators. Management warns that delays or weaker order flow could necessitate raising additional capital.

Summarized from source with an LLMView Source

Key figures

-98.9%1Y

-99.5%3Y

-99.7%5Y

Performance

377%1Y

203%3Y

155%5Y

Volatility