Northrop Grumman teamed with Mynaric and Innoflight to bring the Space Development Agency’s (SDA) vision of a secure, proliferated low-Earth orbit (LEO) mesh communication network closer to reality
REDONDO BEACH, Calif. (Northrop Grumman PR) – Northrop Grumman Corporation (NYSE: NOC) today announced the successful ground demonstration of a secure networked laser communications system for proliferated-LEO constellations supporting the U.S. military.
Airbus’s payload hosting platform to demonstrate Mynaric’s laser communication product on the International Space Station
HOUSTON, May 12, 2022 –Mynaric (NASDAQ: MYNA)(FRA: M0Y) and Airbus U.S. Space & Defense, Inc. have signed a contract to host Mynaric’s CONDOR Mk2 terminal for space-based laser communication on the International Space Station’s (ISS) functional testbed, Bartolomeo. Mynaric plans to operate its industrialized optical communications terminal on the ISS, with the goal of demonstrating the product’s capabilities in low Earth orbit and providing its customers with an extended range of experimental mission scenarios.
Program aims to create constellation-agnostic optical communications terminal to interlink commercial and government satellite constellations
LOS ANGELES, December 20, 2021 (Mynaric PR) —Mynaric has been selected to work on the architectural design of a next-generation optical communications terminal as part of the phase 0 of the Space Based Adaptive Communications Node (Space-BACN) program of the Defense Advanced Research Projects Agency (DARPA). DARPA’s Space-BACN program envisions an optical communications terminal that could be reconfigured to work with most of today’s optical intersatellite link standards allowing seamless communication among government and private-sector proprietary satellites. The selection for the phase 0 of the program is yet another win for Mynaric in the US government market that represents a driving force for the deployment of space-based, laser communication capabilities.
Euroconsult announced the winners of its Finspace award during the final days of its flagship World Satellite Business Week in Paris.
PARIS, WASHINGTON, MONTREAL, YOKOHOMA, SYDNEY, TOULOUS France, 16 December 2021 – Euroconsult, the leading consulting firm specialising in the space sector and satellite markets, announced the winners of the Finspace competition at the 2021 World Satellite Business Week (WSBW) held at the Westin Hotel in Paris. A staple of the WSBW since its inception in 2017, Finspace acknowledges the year’s most avant-garde and innovative start-ups in the space sector.
Companies taking part in the Finspace competition benefit from an exceptional networking opportunity with Euroconsult’s executive level network in attendance at the event, as well as peer-level exchange of best-practices and experience. Finspace assesses companies from a comprehensive spectrum within the value chains of Satellite manufacturing or subsystems, Access to space, Satellite operations, Space traffic management and awareness, Ground segment & end user terminals, Downstream services (Satcom, EO, Information, Navigation) and Software..
Mynaric-co-led UN:IO, a consortium of companies, to outline within the next six months a detailed technical concept for its proposed constellation architecture
MUNICH, 13 December 2021 (Mynaric PR) — The Mynaric-co-led consortium UN:IO has been selected by the European Commission for initial work on an independent European satellite network. The European Commission selected UN:IO and one other consortium to outline within the next six months a detailed technical concept for their respective proposed constellation architecture to establish Europe’s future sovereign communications infrastructure in space. The selection for the study follows a competitive tender that engaged around a dozen contesters bidding to lay out Europe’s path towards a secure, very fast and, above all, sovereign communications network.
VILNIUS, Lithuania, 10 December 2021 (NanoAvionics PR) – Smallsat mission integrator NanoAvionics, together with other UN:IO consortium members, will start working on a feasibility study, which has been granted 1.4 million EUR (1.6 million USD) by the European Commission, to create a sovereign communications network for Europe by 2025. The consortium comprises 14 companies led by satellite manufacturer Reflex Aerospace, launch provider Isar Aerospace and laser specialist Mynaric. According to the Lithuanian mission integrator the concept will “include breakthrough technologies for small satellites”.
It’s not the first time for NanoAvionics to be involved in such R&D projects. Last year, the company was awarded a 1 million euros grant by ESA (the European Space Agency) to develop new technologies for small satellite propulsion systems, and participated in two additional ESA funded satellite technology R&D projects. And in 2019, NanoAvionics received a €10 million grant by the EU’S Horizon 2020 and ESA to develop and launch the initial stage of a Global Internet of Things (GIoT) nanosatellite constellation. It has also built satellites for several space missions that included cutting edge technology such as NASA’s Advanced Composite Solar Sail System (ACS3) and Los Alamos National Laboratory’s first astrophysics payload in 20 years.
NEW YORK, November 12, 2021 (Mynaric PR) – Mynaric AG, a leading developer and manufacturer of high-speed and high-security laser communication products for air and spaceborne applications in government and commercial markets, today announced the pricing of its initial public offering of 4,000,000 American Depositary Shares (the “ADSs”), representing 1,000,000 ordinary bearer shares at a public offering price of $16.50 per ADS. In addition, Mynaric has granted the underwriters a 30-day option to purchase up to an additional 600,000 ADSs at the initial public offering price, less the underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Mynaric, assuming the underwriters fully exercise their over-allotment option, are expected to be $75.9 million.
Capella satellites will use laser communications from Mynaric to rapidly send and receive data
SAN FRANCISCO, November 9, 2021 (Capella Space PR) — Capella Space today announced the company will become the first commercial synthetic aperture radar (SAR) supplier to demonstrate Optical Inter-Satellite Link (OISL) compatibility with the U.S. Space Development Agency (SDA)’s new NDSA. SAR data is a highly valuable asset for the SDA and the U.S. Department of Defense. The next generation of Capella’s persistent SAR monitoring capabilities will leverage new technology that enables high delivery speeds and direct access to its 24/7 all-weather data for U.S. Government customers.
Capella Space will install optical communications terminals (OCTs) on its commercial SAR satellites, starting in late 2022. This will enable the company to utilize highly efficient laser communications technology to send and receive data to and from its satellites in low Earth orbit, relaying data to compatibly equipped government satellites and military operations on the ground. The integration of OCTs onto Capella’s SAR constellation will drastically reduce latency from image collect to download and ensure spaceborne data is quickly available to inform critical decision-making for terrestrial missions.
LOS ANGELES, 1 November 2021 (Mynaric PR) – Mynaric has signed a multi-year, strategic agreement with Northrop Grumman that identifies the company as a strategic supplier for laser communications in the space domain.
“The U.S. government is the driving force to deploy laser communication capabilities in space,” said Bulent Altan, CEO of Mynaric. “We are happy to have been selected as a strategic supplier by Northrop Grumman to pursue ongoing and upcoming programs in this important market segment and look forward to jointly providing secure and broadband communication to serve the U.S. government’s needs for distributed communication architectures.”
Earlier this year Mynaric submitted bids with a combined value in the mid-double digit million USD range to Northrop Grumman in the framework of multiple government space programs that are still pending contract awards by the U.S. government. Separately, Northrop Grumman will issue a purchase order for a set of CONDOR Mk3 terminals to kick-start the new relationship.
Longtime SpaceX Vice President nominated by supervisory board to replace resigning supervisory board member
LOS ANGELES, Calif., October 6, 2021 – Mynaric today announced that space industry leader Hans Koenigsmann was nominated to join its supervisory board. Koenigsmann was nominated by the supervisory board to replace resigning supervisory board member Gerd Gruppe, a former Executive board member of the German Aerospace Center (DLR), contingent on court approval. Mynaric wins Koenigsmann for his first advisory role outside of SpaceX where he acted in various high-profile leadership roles during a 20-year tenure.
WASHINGTON, D.C., August 12, 2021 (Mynaric PR) — Mynaric and SpaceLink today announced the signature of a definitive agreement on the sale of optical inter-satellite link (OISL) terminals for satellites in Medium Earth Orbit (MEO) with a total order volume of up to $28 million depending on exercised options and SpaceLink’s satellite prime selection. Mynaric expects to ship SpaceLink’s first units during the first quarter of 2023. The deal includes mutually agreed upon milestone payments leading up to initial delivery.
“The final details of this agreement are just the beginning of a strategic partnership designed to bring fast, highly secure and continuous communications between spacecraft and the ground. Our industrialized approach to production will allow us to meet the expanded needs as SpaceLink’s constellation grows,” said Tina Ghataore, President, Mynaric USA and Chief Commercial Officer, Mynaric.
MUNICH, July 23, 2021 (Mynaric PR) — Mynaric today announced that it has signed a Memorandum of Understanding (MoU) with JR Aerospace to accelerate its entry into the Indian aerospace market. JR Aerospace is a newly established Indian investment and technology company with an existing network in the Indian aerospace sector and with relevant organizations. The MoU sets out the principal terms and conditions upon which Mynaric and JR Aerospace will enter into detailed legally binding agreements intended to be signed subsequent to the MoU.
WASHINGTON, D.C., May 12, 2021 (Mynaric PR) – Mynaric and SpaceLink today agreed on the framework of a partnership to expand Mynaric’s laser communication product portfolio for use in SpaceLink’s data relay network. The strategic relationship will help drive forward the SpaceLink satellite relay service, which provides secure, continuous, high-capacity communications between low Earth orbit (LEO) spacecraft and the ground.
The companies will work together to expand Mynaric’s product portfolio with an optical inter-satellite link (OISL) terminal for satellites in medium Earth orbit (MEO), where the SpaceLink constellation will operate. The new terminal will also be compatible with the Space Development Agency (SDA) Transport Layer.
GILCHING, Germany, April 7, 2021 – Mynaric AG (Frankfurt Stock Exchange: M0Y, ISIN: DE000A0JCY11), a leading developer and manufacturer of laser communication products for aerospace communications networks, plans to pursue an initial public offering (“IPO”) and listing in the United States. It is contemplated that the public offering will consist solely of new shares to be issued by Mynaric by way of a capital increase out of authorized capital. In preparation for the IPO, Mynaric’s management board, with the consent of the supervisory board, has resolved to propose to its annual general meeting to resolve on the creation of authorized capital.
MUNICH & LOS ANGELES, February 2, 2021 (Mynaric PR) – Mynaric can announce today that it is expanding its U.S footprint by opening an office in Washington D.C. to place its team closer to U.S. government organizations driving the adoption of laser communication.
The U.S. government is the driving force for the rapid deployment of laser communication capabilities, currently, and as such also a catalyst for the adoption by commercial stakeholders. The Space Development Agency alone is expected to procure up to 150 satellites equipped with laser communication capabilities in 2021 as part of its Tranche 1 Transport layer and Mynaric is seeing increased interest from the sector following its selection for two U.S. governmental programs last year.