Wikipedia

Mynaric

Mynaric AG is a manufacturer of laser communication equipment for airborne and spaceborne communication networks, so called constellations.

Mynaric AG
FormerlyVialight Communications (2009–2017)
Company typePublic
Nasdaq: MYNA
ISINDE000A31C305
IndustryAerospace, Telecommunications equipment, Networking equipment
Founded2009; 15 years ago (2009)
FounderDirk Giggenbach
Joachim Horwath
Markus Knapek Edit this on Wikidata
HeadquartersMunich (Germany), Hawthorne, California & Washington, D.C. (United States)
ProductsLaser communication equipment for aircraft and satellites, Optical ground stations
SubsidiariesMynaric USA
Websitemynaric.com

History

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In 2009, Mynaric was founded by former employees of the German Aerospace Center (DLR),[1] and some of the key technologies have been licensed from DLR.[2]

In November 2013, Mynaric demonstrated for the first time successful laser communication from a jet platform Tornado. A data rate of 1 Gbit/s over a distance of 60 km was achieved at a flight speed of 800 km/h.[3][4] In October 2017, Mynaric performed an IPO at the Frankfurt Stock Exchange raising 27.3M € of growth capital.[5][6]

In February 2018, Mynaric's laser communication products were inducted into the Space Technology Hall of Fame of the Space Foundation,[2][7] and in April 2018, Mynaric announced a partnership with CEA-Leti regarding highly sensitive avalanche photodiodes that may enable longer link distances and reduced system complexity.[8][9] In June 2018, Facebook's Connectivity Lab (related to Facebook Aquila) was reported to have achieved a bidirectional 10 Gbit/s air-to-ground connection with Mynaric's products.[10]

In March 2019, Mynaric announced that former SpaceX Starlink vice president Bulent Altan joins its management board and that it has raised additional $12.5 million funding from the lead investor of an undisclosed satellite constellation.[11][12]

In November 2021, Mynaric listed on Nasdaq and raised $75.9 million growth capital drawing Peter Thiel and ARK Invest as new investors.[13][14] The company was also selected by Northrop Grumman as strategic supplier for laser communications and, subsequently, in June 2022, completed a ground demonstration of laser terminals that will be used to send and receive data in space as part of the U.S. National Defense Space Architecture.[15] In July 2022, Mynaric received a strategic investment of $11.4 million from L3Harris.[16] By June 2023, the company established itself as a dominant supplier of optical communications terminals for the Space Development Agency's Proliferated Warfighter Space Architecture, a large global satellite constellation.[17]

Products

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Mynaric offers various laser communication products for wireless data transmission between aircraft, UAVs, high-altitude platforms (HAPS), satellites and the ground offering Gbps-class wireless data transmission across long distances up to several thousand kilometers. The company focuses on serial production and cost reduction of its laser communication products and _targets laser communication enabled airborne and spaceborne communication networks.[1] Mynaric produces laser communication terminals with a data transfer rate of 10 Gbit/s as of early 2019.[18]

See also

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References

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  1. ^ a b "Fibreless optical links in the skies | Mynaric". www.edisoninvestmentresearch.com. Retrieved 7 April 2018.
  2. ^ a b Laser terminals from DLR and its spin-off, Mynaric, inducted into the 'Space Technology Hall of Fame'. DLR. 16 February 2018.
  3. ^ Belz, Lothar (2013-12-19). "Optical data link successfully demonstrated between fighter plane and ground station". Archived from the original on 2013-12-30.
  4. ^ "DODfast: Laserkommunikation zwischen Jet und Bodenstation". DLR Portal (in German). Retrieved 10 April 2018.
  5. ^ "IPO Of The Mynaric AG In Frankfurt Stock Exchange's Scale Segment - Initial Price: 53.75 Euro - Investors Used Public Subscription Via Exchange". www.mondovisione.com. Retrieved 7 April 2018.
  6. ^ "Mynaric lasert sich an die Börse | Aktien News | boerse.ARD.de". boerse.ARD.de (in German). Retrieved 7 April 2018.
  7. ^ "34th Space Symposium's 2018 Space Technology Hall of Fame Inductees are Aluminum Alloy 398 and Miniaturized Laser Terminals". www.satnews.com. Retrieved 7 April 2018.
  8. ^ "Lasercom Tech for Satellites and Constellations Under Development by Mynaric and Leti". www.satnews.com. Retrieved 10 April 2018.
  9. ^ "Leti and Mynaric partner on APDs for FSO aircraft/drone/satellite constellation networks". www.laserfocusworld.com. Retrieved 13 April 2018.
  10. ^ Price, Rob (29 June 2018). "Facebook tested plane-mounted lasers that fire super high-speed internet over California — here are the photos". Business Insider. Retrieved 21 July 2018.
  11. ^ Henry, Caleb (14 March 2019). "Former SpaceX Starlink exec joins German lasercomm startup". SpaceNews.com. Retrieved 9 April 2019.
  12. ^ Henry, Caleb (19 March 2019). "Mynaric raises $12.5 million from mystery constellation customer". SpaceNews.com. Retrieved 9 April 2019.
  13. ^ Sheetz, Michael (19 November 2021). "German space lasers company Mynaric CEO talks Nasdaq IPO, plans for growth". CNBC. Retrieved 16 December 2022.
  14. ^ Henning, Eyk (12 November 2021). "Laser Firm Mynaric Said to Draw Peter Thiel, ARK to U.S. Listing". Bloomberg.com. Retrieved 16 December 2022.
  15. ^ Erwin, Sandra (14 June 2022). "Northrop Grumman demonstrates Mynaric laser terminals for military constellation". SpaceNews. Retrieved 16 December 2022.
  16. ^ Foust, Jeff (6 July 2022). "L3Harris makes strategic investment in Mynaric". SpaceNews.
  17. ^ Erwin, Sandra (21 June 2023). "Mynaric to supply laser communications for Raytheon's missile-tracking satellites". SpaceNews.
  18. ^ Jordanova-Duda, Matilda (2019-02-07). "Datenreise per Laserstrahl". vdi-nachrichten.com. Archived from the original on 2019-02-18. Retrieved 2019-02-18.
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