- WKN: A0JCY1
- ISIN: DE000A0JCY11
- Land: Deutschland
Nachricht vom 14.09.2020 | 10:59
Mynaric publishes H1 2020 report: Progress of product validation in first half-year lays the foundation for Mynaric's entry into the industrial age of laser communications
DGAP-News: Mynaric AG
/ Key word(s): Half Year Results
The report also highlights developments in the aerospace connectivity market since the start of year and details a market that is further expanding as government and defense actors change their procurement processes to avail themselves of affordable and serially produced commercial products and solutions. Mynaric has very recently been selected as a vendor as part of a US governmental program and expects more to follow in the coming months.
"Today's report shows a company working at 110% to get our CONDOR and HAWK AIR products into our customers' hands in the timeframes we have set ourselves. Both products are going through a validation regime that is pushing them to their very limits as we want these key elements of our customers' systems to not only meet expectations but exceed them. It has been hard work, especially in the face of a global pandemic, but we have - as a company - outperformed in the reporting period and will continue to do so.
We consider the recent selection to provide products as part of a US governmental program as a major confirmation of our efforts. It is proof that customers trust in the capabilities of our products. It is proof that the significant US governmental market is open to business for us. And it is proof that we are close to the inflection point we have been preparing ourselves for years: the start of the industrial age of laser communications."
Mynaric is a manufacturer of laser communication technologies used to enable communication and surveillance applications in air and space. Its laser data transmission products include ground and flight terminals, which allow very large quantities of data to be sent wirelessly and securely over long distances between aircraft, autonomous drones, high-altitude platforms, satellites and the ground.
Globally, the need for fast and secure connectivity is advancing inexorably. Data networks are today largely based on infrastructure on the ground, which cannot be expanded arbitrarily for legal, economic or practical reasons. The future therefore calls for an expansion of the existing network infrastructure into air and space. With its wireless laser communication products Mynaric is positioned as a prime pioneer in this growth market.
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," or, in each case, the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with our industry, as well as many other risks specifically related to the Company and its operations.
|Phone:||+49 8105 7999 0|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1130879|
|End of News||DGAP News Service|
Mynaric Signs Memorandum of Understanding (MoU ...
Mynaric opens serial production facility for l ...
Mynaric becomes first company to successfully ...
Mynaric and Cloud Constellation Partner Up and ...
Mynaric expands its U.S. Government team with ...
Event im Fokus
10. Juni 2021:Fachkonferenz Immobilien
14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure
13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie
10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix
„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“
Cryptology Asset Group PLC: 120 % Kurspotenzial
GBC Research hat mit der Coverage der Cryptology Asset Group PLC (ISIN: MT0001770107) begonnen. Die Bewertung der führenden europäischen Investmentgesellschaft für Krypto-Assets und Blockchain-Unternehmen erfolgte mittels der Berechnung des Net Asset Value (NAV). Unter Berücksichtigung aller Beteiligungen ergibt sich zum 05. Juli 2021 eine GBC-Fair-NAV-Bewertung in Höhe von 1,04 Mrd. EUR. Daraus ergibt sich ein NAV je Cryptology-Aktie von 358,43 EUR. Daher empfiehlt GBC Research die Cryptology-Aktie zum Kauf und sieht ein Kurspotenzial von über 120 %.
Der AKTIONÄR News
26. Juli 21:06 Tesla: Rekordergebnisse, aber...
News im Fokus
Linde plc: Linde Declares Dividend in Third Quarter 2021
26. Juli 2021, 19:54
H1 2021 Analyst Call
04. August 2021
Original-Research: Diversified Energy PLC (von First Berlin Equity Research GmbH): Kaufen Diversified Energy PLC
23. Juli 2021