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EQS-News: Mynaric AG / Key word(s): Incoming Orders
ReOrbit selects Mynaric's CONDOR Mk3 for Space-to-Space and Space-to-Ground Laser Communications Demonstration
2024-06-25 / 13:30 CET/CEST

The issuer is solely responsible for the content of this announcement.  
MUNICH, June 25, 2024 -  Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and 

scalable laser communications products, today announced that it has been selected by ReOrbit to supply its CONDOR Mk3
terminal for its upcoming mission UKKO, aimed at demonstrating secure space-to-space and space-to-ground communication
for Earth Observation.
"At ReOrbit, we firmly believe that the space industry is now entering the era of horizontal consolidation and vertical
cooperation. As a leading player in the NewSpace economy, we work with an established supplier network for the hardware
components, and this time, we are happy to source CONDOR Mk3 terminal from Mynaric for our upcoming UKKO mission. The
future of space applications, where data sharing and communications take place not only from space to ground, but also
from space to space - enabling satellites to network, communicate with each other and thus improve mission efficiency,
starts today," commented Sethu Saveda Suvanam, CEO and Founder of ReOrbit.
"We are honored that ReOrbit has chosen our advanced laser communications technology for their innovative
software-first satellite," said Lubos Fedora, Senior Sales and Business Development Manager of Mynaric. "Mynaric has
already proven that our terminals can link with others for satellite interoperability and the success of this
demonstration will highlight the ability of ReOrbit satellites to operate within this framework."
This program strengthens Mynaric's position as a leading optical communications technology supplier to European
organizations and government entities. Mynaric was previously selected by the European Space Agency (ESA) to
investigate optical technologies for next generation high-throughput optical inter-satellite links and was selected by
the German government for multiple projects to develop quantum communication capabilities.
In the first quarter of 2024, Mynaric announced that volume production had begun on the company's flagship space
terminal - the CONDOR Mk3, which is specifically designed for mass deployment as part of government and commercial
satellite constellations. Mynaric was previously selected by Northrop Grumman as the sole supplier of optical
communications terminals for the SDA's Tranche 1 Transport and Tracking Layer programs and by York Space Systems for
the SDA's Tranche 1 Transport Layer. The company has also been selected by Northrop Grumman for the Space Development
Agency's Tranche 2 Beta and Alpha programs, by Rocket Lab for the SDA's Tranche 2 Transport Layer - Beta program, by
Loft Federal for SDA's Experimental Testbed NExT, by Capella Space for commercial synthetic aperture radar (SAR)
satellites, and others. In addition, Mynaric was named a key development partner for Phase 2 of DARPA's Space-BACN
program.
About Mynaric
Mynaric (NASDAQ: MYNA) (FRA: M0YN) is leading the industrial revolution of laser communications by producing optical
communications terminals for air, space, and mobile applications. Laser communication networks provide connectivity
from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for
wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich,
Germany, with additional locations in Los Angeles, California, and Washington, D.C.
For more information, visit mynaric.com.
2024-06-25 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language:     English 
Company:      Mynaric AG 

Bertha-Kipfmüller-Str. 2-8
81249 München
Germany

Phone:        +49 8105 7999 0 
E-mail:       comms@mynaric.com 
Internet:     www.mynaric.com 
ISIN:         DE000A31C305 
WKN:          A31C30 
Indices:      Scale 30 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, 

Tradegate Exchange; Nasdaq
EQS News ID: 1932557

End of News EQS News Service
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1932557 2024-06-25 CET/CEST

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END) Dow Jones Newswires

June 25, 2024 07:30 ET (11:30 GMT)