Mynaric

DB: M0Y

€132.2m market cap

€45.5 last close

Mynaric has developed free space laser communication equipment that uses light to transmit data in high capacity communication networks in the air and in space.

Investment summary

Mynaric is transitioning from a technology company delivering one-off prototypes to delivering reliable product suitable for multiple customers. It remains broadly on track for commercial roll-out in the airborne sector during FY19 and the space sector during FY20, thus positioning it as a key supplier to the mega-constellations of satellites and aerial platforms under development. Consensus estimates have been cut to reflect a more prudent view of delivery volumes.

Sector
TMT
Share price graph
Price performance
%
1m
3m
12m
Actual 21.3 (0.7) (20.9)
Relative* 18.9 (2.3) (19.8)
52-week high/low €58.0/€31.3
*% relative to local index
Key management
Dr. Wolfram Peschko Chairman
Dr. Markus Knapek Co-founder
Joachim Horwath Co-founder
Sven Meyer-Brunswick Strategy & PR