Gilching, September 4, 2020 – Mynaric has been informed that its subsidiary Mynaric USA located in Los Angeles, California, has been selected as vendor for laser communication products by an undisclosed customer.

Mynaric expects to be awarded with a multi-million Euro contract in the mid-seven digit range for the delivery of CONDOR terminals following the selection of the customer.

The selection represents Mynaric’s first win in the important and uprising US governmental market.

About Mynaric

Mynaric is a manufacturer of laser communication technologies used to enable communication and surveillance applications in air and space. Its laser data transmission products include ground and flight terminals, which allow very large quantities of data to be sent wirelessly and securely over long distances between aircraft, autonomous drones, high-altitude platforms, satellites and the ground.

Globally, the need for fast and secure connectivity is advancing inexorably. Data networks are today largely based on infrastructure on the ground, which cannot be expanded arbitrarily for legal, economic or practical reasons. The future therefore calls for an expansion of the existing network infrastructure into air and space. With its wireless laser communication products Mynaric is positioned as a prime pioneer in this growth market.

For more information see: www.mynaric.com