UPDATE Nov. 19: Mynaric AG announced it is opening a new facility in Shanghai without specifying whether it's a Chinese satellite constellation that is the customer for Mynaric's October MoU to provide laser communications terminals for a 300-satellite constellation.
The company said the Asian market in general is showing "high demand" for Mynaric products.
"China is already one of the fastest-growing space nations and is experiencing a boom in its aircraft industry, with several Asian companies and organizations announcing plans to pursue satellite networks in low Earth orbit," Mynaric said in a statement announcing . . .
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