Mynaric AG (MYNA) Starts Volume Production and Makes Initial Shipment

Mynaric AG (NASDAQ: MYNA) today, following customer approval, shipped the first flight model CONDOR Mk3 optical head and updates the Company's volume production and shipment expectations as most recently provided on January 10, 2024. Serial production of CONDOR Mk3 terminals started in the first quarter of 2024, and the Company currently expects further increases in production and shipments to continue in the second quarter of 2024.

You May Also Be Interested In

• Deere conference call: 2027 orders up mid-single digits from last year)
• Firm Capital Apartment REIT posts Q2 loss, plans name change
• Veeva Systems names Dan Rizzo EVP of sales amid leadership change