EQS-News: Volume Production Begins for Mynaric’s Flagship Space Laser Terminal – CONDOR Mk3
MUNICH, April 3, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced a milestone in the product maturity of the company’s flagship free space optical communications terminal for space-to-space and space-to-ground applications - the CONDOR Mk3.
- MUNICH, April 3, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced a milestone in the product maturity of the company’s flagship free space optical communications terminal for space-to-space and space-to-ground applications - the CONDOR Mk3.
- Volume production for the optical communications terminal began early in the first quarter of 2024 with an initial shipment made last week following customer approval.
- Mynaric was also selected by Loft Federal to supply the CONDOR Mk3 terminals to NExT – the SDA’s Experimental Testbed.
- This is just the beginning of reaching our full production capacity for the CONDOR Mk3 and future products.”
In addition to volume production of the CONDOR Mk3 optical communications system, Mynaric continues to pursue opportunities that explore the use of free space optical communications for additional space programs.