Satellite lasercom builder Mynaric, its 2020 revenue scuttled by German government’s China export ban, plans U.S. IPO
UPDATE April 9: This story was updated to include additional comment from Mynaric.
PARIS — German laser communications terminal manufacturer Mynaric AG, which is pinning much of its near-term market prospects on the U.S. Defense Department, plans to ask shareholders for a capital raise to fund a public stock offering in the United States.
Mynaric, which is still a startup with little revenue, already trades on the Frankfurt Stock Exchange but wants to ride the wave of interest in space-based technologies among U.S. investors . . .
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