Lasercom builder Mynaric: Liquidity’s OK for current 200+-unit backlog, but we’ll need new funds for expansion

by Peter B. de Selding

PARIS — Satellite laser communications terminal manufacturer Mynaric AG said it has enough liquidity to complete work on its current backlog of more than 200 inter-satellite-link units but will need to raise fresh cash to expand its facilities for the expected large-scale constellation contracts.

Munich-based Mynaric’s first laser com terminal has not yet flown in space, but the company said customer technical due diligence on the design and the company’s production facility has been enough to enable Mynaric to bid on new programs even before the . . .

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