Mynaric AG · ISIN: DE000A31C305 · EQS - adhoc news

Mynaric secures another USD 5.0 million bridge loan to meet immediate working capital needs

MUNICH, December 23, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which such lenders have agreed to provide a third bridge loan in the amount of USD 5.0 million. Such bridge loan is in addition to the USD 95 million originally provided under such loan agreemen...

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In this overview you can view company news in the chronological order of publication. The source information comes from EQS News, the leading European news distributor. The most recent news item is listed first.
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23 December 2024 09:21PM
Mynaric secures another USD 5.0 million bridge loan to meet immediate working capital needs
DE000A31C305
MUNICH, December 23, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which such lenders have agreed to provide a ...
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06 December 2024 02:07PM
Mynaric enters into negotiation for further funding with existing lender subject to financial reorganization under StaRUG, and postpones upcoming AGM
DE000A31C305
MUNICH, December 06, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) received preliminary notice from its commissioned independent German restructuring expert indicating further future capital need. Based on these preliminary findings, the Company has entered into negotiations with its primary le...
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15 November 2024 10:12PM
Mynaric secures USD 11 million bridge loan and expects to agree on an up to USD 9 million production increase incentive agreement to meet immediate working capital needs
DE000A31C305
MUNICH, November 15, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which such lenders have agreed to provide a ...
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08 October 2024 12:00PM
Mynaric Announces Receipt of Deficiency Letter from Nasdaq
DE000A31C305
MUNICH, October 8, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it received a notification letter dated October 2, 2024 (the “Deficiency Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”...
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02 October 2024 11:27PM
Mynaric secures USD 5.5 million bridge loan and receipt of USD 5.5 million manufacturing readiness milestone payment to meet immediate working capital needs
DE000A31C305
MUNICH, October 02, 2024 – Today, Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) entered into an amendment to its existing USD 95 million loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm, pursuant to which the lenders have agreed...
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16 September 2024 06:00PM
Mynaric Advances Production of CONDOR Mk3
DE000A31C305
Shipments will support the Space Development Agency’s Tranche 1 programMUNICH, September 16, 2024 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced the successful advancement of the company’s volume production ramp for the CONDOR Mk3. Mynaric conti...
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16 September 2024 06:00PM
Mynaric Advances Production of CONDOR Mk3
DE000A31C305
Shipments will support the Space Development Agency’s Tranche 1 programMUNICH, September 16, 2024 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced the successful advancement of the company’s volume production ramp for the CONDOR Mk3. Mynaric conti...
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26 August 2024 04:00PM
Mynaric announces departure of Mustafa Veziroglu as CEO and appointment of Andreas Reif as Chief Restructuring Officer; Annual General Meeting 2024 of Mynaric will be postponed
DE000A31C305
MUNICH, August 26, 2024 –  Mynaric (NASDAQ: MYNA), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced that the supervisory board and the chief executive officer, Mustafa Veziroglu, jointly decided on the termination of the office of Mustafa Veziroglu as CEO and member of the management ...
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26 August 2024 03:56PM
Departure of Mustafa Veziroglu from the Management Board and appointment of Andreas Reif as Chief Restructuring Officer
DE000A31C305
Munich, Germany, August 26, 2024 Mustafa Veziroglu, the chairman of the Management Board of Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA:M0YN; ISIN: DE000A31C305) and the Supervisory Board of Mynaric AG today agreed to terminate in mutual consent the appointment of Mr. Veziroglu as chairman and member of the Management Board of Mynaric AG wi...
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20 August 2024 09:55AM
Mynaric Announces Voluntary Departure of CFO Stefan Berndt von-Bülow
DE000A31C305
MUNICH, August 20, 2024 – Today Mynaric (NASDAQ: MYNA) (FRA: M0YN) announces the voluntary departure of CFO Stefan Berndt von-Bülow for personal reasons, effective last week. Berndt von-Bülow has been with Mynaric since 2018 and assumed the role as CFO in 2020. As CFO, Berndt von-Bülow made significant contributions to the company’s financial strat...
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20 August 2024 09:42AM
Mynaric Lowers Revenue, Cash-In from Customer Contracts and Increases Operating Loss Guidance for 2024 Due to Slower than Expected Production Ramp and Higher Production Costs
DE000A31C305
MUNICH, August 20, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) has today resolved an update to full-year 2024 guidance published on June 20, 2024, for its key financial performance metrics: IFRS-15 revenue: the company now expects full-year 2024 IFRS-15 revenue to range between EUR 16.0 mill...
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25 June 2024 01:30PM
ReOrbit selects Mynaric’s CONDOR Mk3 for Space-to-Space and Space-to-Ground Laser Communications Demonstration
DE000A31C305
MUNICH, June 25, 2024 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by ReOrbit to supply its CONDOR Mk3 terminal for its upcoming mission UKKO, aimed at demonstrating secure space-to-space and space-to-ground communica...
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21 June 2024 03:00PM
Mynaric announces management participation in upcoming investor conference
DE000A31C305
Munich, 21 June 2024 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) today announced that management will participate in the following upcoming investor conference during the second quarter of 2024:   Jefferies Virtual Space Summit Virtual Presentation June 25, 2024 11:00 a.m. EDT / 5:00 p.m. CET Presenter: Stefan Berndt-von Bülow, CFO   Further inform...
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20 June 2024 05:35PM
Mynaric Announces Preliminary Full-Year 2023 Results and Provides Outlook for Full-Year 2024
DE000A31C305
MUNICH, June 20, 2024 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announces preliminary unaudited results for the fiscal year ending December 31, 2023. “2023 marked a milestone year for Mynaric as we ended the year with record backlog of optical termi...
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20 June 2024 05:34PM
Mynaric Publishes Outlook Including Revenue Guidance for Full-Year 2024
DE000A31C305
MUNICH, June 20, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) provides today its outlook for the fiscal year 2024, which for the first time includes quantitative guidance for its key performance indicators revenue and operating loss. Based on the Company’s production ramp results to date in f...
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13 June 2024 08:00AM
Mynaric Announces Date of Preliminary Full-Year 2023 Financial Results Webcast
DE000A31C305
MUNICH, June 13, 2024 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced it has scheduled a webcast to discuss its preliminary full-year 2023 financial results for Thursday, June 20, 2024, at 12:00 p.m. Eastern Daylight Time (6:00 p.m. Central Europ...
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07 May 2024 02:00PM
Mynaric selected by Rocket Lab for Space Development Agency’s Tranche 2 Transport Layer – Beta Program
DE000A31C305
Laser Communications Manufacturer Expands Customer Roster  LOS ANGELES, May 7, 2024 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Rocket Lab USA, Inc (NASDAQ: RKLB) to supply free space optical terminals for the Sp...
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03 April 2024 02:00PM
Volume Production Begins for Mynaric’s Flagship Space Laser Terminal – CONDOR Mk3
DE000A31C305
Initial Shipment Leaves Munich Production Facility 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 ...
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30 March 2024 04:54PM
Mynaric starts volume production and makes initial shipment
DE000A31C305
MUNICH, March 30, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) today, following customer approval, shipped the first flight model CONDOR Mk3 optical head and updates the Company’s volume production and shipment expectations as most recently provided on January 10, 2024. Serial production of CO...
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14 March 2024 10:34AM
Mynaric increases USD 75 million borrowing capacity on loan agreement by USD 20 million
DE000A31C305
MUNICH, March 14, 2024 – Mynaric AG (NASDAQ: MYNA; ISIN: US62857X1019) (FRA: M0YN; ISIN: DE000A31C305) (the “Company”) today decided on an amendment to its existing US$75 million loan agreement with its US-based lenders, which are funds affiliated with a U.S.-based global investment management firm (the “Lenders”), to increase the borrowing capacit...
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16 January 2024 02:00PM
Mynaric Selected for Phase 2 of DARPA Space-BACN Program
DE000A31C305
LOS ANGELES, January 16, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, has been selected as a key development partner of Phase 2 of the Space-based adaptive communications node (Space-BACN) program of the Defense Advanced Research Projects Agency (DARPA). ...
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10 January 2024 02:30PM
Mynaric reports on Key Performance Indicators for 2023
DE000A31C305
MUNICH, January 10, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today reported on key performance indicators for the year ending December 31, 2023. As of December 31, 2023, the optical communications terminal backlog and cash-in from customer contracts ...
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13 December 2023 07:57AM
Mynaric receives US $33 million order from Northrop Grumman
DE000A31C305
MUNICH, December 13, 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) has today entered into a definitive agreement with Northrop Grumman for the delivery of optical communication terminals in the framework of the U.S. Government’s Space Development Agency Tranche 2 Transport Layer-Alpha space vehicles program. The contract, with a value of around US $33 m...
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29 November 2023 08:03AM
Mynaric Secures Another Contract with a U.S. Customer for its CONDOR Mk3 Terminals
DE000A31C305
MUNICH, November 29, 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) has today entered into a definitive agreement for an additional order from an existing undisclosed US-based customer for the delivery of CONDOR Mk3 optical communication terminals. The contract, with a value of around US $30 million, foresees payment milestones starting in 2023 and conti...
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09 November 2023 11:53PM
Mynaric updates guidance for 2023
DE000A31C305
Munich, Germany November 09, 2023 – Mynaric (NASDAQ: MYNA) (FRA: M0YN) has today announced an update to full-year 2023 guidance for its key financial performance metrics: Optical Communications Terminal Backlog(1): the company now expects more than 500 units in backlog by the end of 2023, based on today’s existing orders, compared to the previously...
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09 November 2023 01:45PM
Mynaric Announces Management Participation in Upcoming Investor Conference
DE000A31C305
MUNICH, November 09, 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) today announced that CFO, Stefan Berndt-von Bülow, will participate in the following investor conference: Deutsches Eigenkapitalforum Frankfurt am Main, Germany November 27 - 29, 2023 Further information including details regarding the public webcast of these events will be found on ...
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02 November 2023 08:15AM
Mynaric receives US-$ 25 million order from Northrop Grumman
DE000A31C305
Munich, 02 November 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) has today entered into a definitive agreement with Northrop Grumman for the delivery of optical communication terminals in the framework of the U.S. government’s Space Development Agency Tranche 2 Transport Layer-Beta space vehicles program. The contract with a value of around US-$ 25 mil...
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01 November 2023 02:00PM
Mynaric Secures Additional Contract with U.S. Customer for its CONDOR Mk3 Terminals
DE000A31C305
MUNICH, October 31, 2023 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it entered into an additional definitive agreement with a previously undisclosed U.S.-based customer for the delivery of CONDOR Mk3 optical communication terminals. The ...
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12 October 2023 03:00PM
Mynaric Announces Management Participation in Upcoming Investor Conferences
DE000A31C305
MUNICH, October 12, 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) today announced that CEO, Mustafa Veziroglu, and CFO, Stefan Berndt-von Bülow, will participate in the following investor conferences during the fourth quarter of 2023:   Deutsche Bank 2023 Global Space Summit New York, New York, USA November 15, 2023   UBS Aerospace and Defense Con...
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28 September 2023 01:45PM
Mynaric passes major product milestone of CONDOR Mk3, completing verification and interoperability tests
DE000A31C305
Optical communications terminal passes rigorous test campaign in context of the Tranche 1 program of the Space Development Agency MUNICH, September 28, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced an important product milestone of its CO...
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14 September 2023 05:32PM
Mynaric Announces Half-Year 2023 Results
DE000A31C305
Continued traction on key performance indicators as company prepares for serial production and shipments to key customers in 2H23 MUNICH, September 14, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announces results for the half year ending June 30...
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07 September 2023 02:00PM
Mynaric Announces Date of Preliminary Half-Year 2023 Financial Results Webcast
DE000A31C305
MUNICH, September 7, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced it has scheduled a webcast to discuss its preliminary unaudited half-year 2023 financial results for Thursday, September 14, 2023, at 12:00 p.m. Eastern Daylight Time (6:00...
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22 August 2023 02:00PM
Space Development Agency taps Mynaric for optical ground station project
DE000A31C305
Multiple experiments to be conducted during demonstration LOS ANGELES, August 22, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by the Space Development Agency (SDA) to contribute to an optical ground terminal de...
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17 August 2023 02:00PM
Mynaric Announces Management Participation in Upcoming Investor Conferences
DE000A31C305
MUNICH, August 17, 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that management will participate in the following investor conferences during the third quarter of 2023:   Jefferies Industrials Conference New York, New York September 6, 20...
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08 August 2023 02:00PM
Bulent Altan elected by shareholders to join Supervisory Board, Mustafa Veziroglu now sole CEO
DE000A31C305
MUNICH, August 8, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced key results of the company’s annual general assembly held on August 7, 2023. Following shareholder approval, industry veterans Bulent Altan and Margaret Abernathy joined Myna...
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13 July 2023 02:00PM
Mynaric wins INNOSpace Masters Award from the German Space Agency at the DLR
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Company receives top honor in the SME/Scale-Up category MUNICH, July 13, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today was awarded the top honor in the “Best Submitted Idea” in the SME/Scale-up category at the INNOspace Masters Highlight Conference...
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13 July 2023 02:00PM
Mynaric wins INNOSpace Masters Award from the German Space Agency at the DLR
DE000A31C305
Company receives top honor in the SME/Scale-Up category MUNICH, July 13, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today was awarded the top honor in the “Best Submitted Idea” in the SME/Scale-up category at the INNOspace Masters Highlight Conference...
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21 June 2023 02:00PM
Mynaric AG: Mynaric selected by Raytheon Technologies to supply optical communications terminals for SDA Tranche 1 Tracking Layer program
DE000A31C305
SDA increases satellites in program following budget increase LOS ANGELES, June 21, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Raytheon Technologies to supply optical communications terminals for the Space ...
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21 June 2023 02:00PM
Mynaric selected by Raytheon Technologies to supply optical communications terminals for SDA Tranche 1 Tracking Layer program
DE000A31C305
SDA increases satellites in program following budget increase LOS ANGELES, June 21, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Raytheon Technologies to supply optical communications terminals for the Space ...
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31 May 2023 02:00PM
Mynaric announces management participation in upcoming investor conferences
DE000A31C305
Munich, 31 May 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) today announced that management will participate in the following upcoming investor conferences during the second quarter of 2023:    Emerging Growth Space Conference Virtual Company and Panel Presentation June 7, 2023 09:55 a.m. EST / 3:55 p.m. CET Presenters: Mustafa Veziroglu, Co-CEO, ...
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31 May 2023 02:00PM
Mynaric announces management participation in upcoming investor conferences
DE000A31C305
Munich, 31 May 2023 – Mynaric (NASDAQ: MYNA)(FRA: M0YN) today announced that management will participate in the following upcoming investor conferences during the second quarter of 2023:    Emerging Growth Space Conference Virtual Company and Panel Presentation June 7, 2023 09:55 a.m. EST / 3:55 p.m. CET Presenters: Mustafa Veziroglu, Co-CEO, ...
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11 May 2023 07:11PM
Mynaric optimizes management structure: Mustafa Veziroglu will become sole CEO with Bulent Altan set to join Supervisory Board
DE000A31C305
MUNICH, May 11, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced that the management and supervisory board jointly decided on a plan to further optimize the leadership structure of Mynaric. The plan foresees that Mustafa Veziroglu will becom...
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11 May 2023 07:11PM
Mustafa Veziroglu will become sole CEO with Bulent Altan set to join Supervisory Board
DE000A31C305
MUNICH, May 11, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective, and scalable laser communications products, today announced that the management and supervisory board jointly decided on a plan to further optimize the leadership structure of Mynaric. The plan foresees that Mustafa Veziroglu will becom...
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11 May 2023 07:10PM
Mynaric: Co-CEO Bulent Altan aims for transfer to the Company’s Supervisory Board; Co-CEO Mustafa Veziroglu will become the sole CEO
DE000A31C305
Gilching, Germany, May 11th, 2023 - The Supervisory Board of Mynaric AG (NASDAQ: MYNA) (FRA:M0YN) and the Co-CEO of the Company, Bulent Altan, in alignment with the further members of the Management Board have today agreed on the intended transfer of Mr. Altan to the Supervisory Board of the Company. For this purpose, Mr. Altan will resign from his...
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11 May 2023 07:10PM
Co-CEO Bulent Altan aims for transfer to the Company’s Supervisory Board; Co-CEO Mustafa Veziroglu will become the sole CEO
DE000A31C305
Gilching, Germany, May 11th, 2023 - The Supervisory Board of Mynaric AG (NASDAQ: MYNA) (FRA:M0YN) and the Co-CEO of the Company, Bulent Altan, in alignment with the further members of the Management Board have today agreed on the intended transfer of Mr. Altan to the Supervisory Board of the Company. For this purpose, Mr. Altan will resign from his...
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02 May 2023 02:00PM
Mynaric receives order from Loft Federal for CONDOR Mk3 optical communications terminals to support NExT – SDA’s Experimental Testbed
DE000A31C305
LOS ANGELES, May 2, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it entered into a definitive agreement for the sale of CONDOR Mk3 terminals to Loft Federal, a subsidiary of Loft Orbital. Loft Federal was selected to produce, deploy ...
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02 May 2023 02:00PM
Mynaric receives order from Loft Federal for CONDOR Mk3 optical communications terminals to support NExT – SDA’s Experimental Testbed
DE000A31C305
LOS ANGELES, May 2, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it entered into a definitive agreement for the sale of CONDOR Mk3 terminals to Loft Federal, a subsidiary of Loft Orbital. Loft Federal was selected to produce, deploy ...
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27 April 2023 05:49PM
Mynaric Announces Preliminary Unaudited Full-Year 2022 Results
DE000A31C305
Continued traction on key performance indicators as company prepares for serial production and shipments to key customers in 2H23   MUNICH, April 27, 2023 –  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announces preliminary unaudited results for the fi...
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More Mynaric AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 1 23rd January 2024 Altan, Emin Bulent DD
Short Seller (DE) 2 18th December 2024 Citadel Securities GP LLC SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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