Mynaric Accelerates Space Communication with CONDOR Mk3 Production

Written by Copernical Team Sunday, 07 April 2024 18:14

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Berlin, Germany (SPX) Apr 04, 2024

Mynaric, a leader in scalable laser communications solutions (NASDAQ: MYNA) (FRA: M0YN), has reached a key moment with the start of volume production of its flagship CONDOR Mk3 optical communications terminal. This advancement is significant for both space-to-space and space-to-ground communications, with the initial batch successfully delivered following the endorsement from customers at the ou

Mynaric Accelerates Space Communication with CONDOR Mk3 Production
by Robert Schreiber
Berlin, Germany (SPX) Apr 04, 2024

Mynaric, a leader in scalable laser communications solutions (NASDAQ: MYNA) (FRA: M0YN), has reached a key moment with the start of volume production of its flagship CONDOR Mk3 optical communications terminal. This advancement is significant for both space-to-space and space-to-ground communications, with the initial batch successfully delivered following the endorsement from customers at the outset of Q1 2024.

Mustafa Veziroglu, CEO of Mynaric, celebrated this achievement, stating, "This milestone is the realization of our commitment to our customers, shareholders, the industry, and our employees to deliver mass-deployable free space optical communications systems. These systems are poised to revolutionize government and commercial satellite constellations, marking a new era for Mynaric. It's a testament to our team's dedication and our collaborative efforts with major clients."

The initial deployment of the CONDOR Mk3 units will significantly contribute to the United States Space Development Agency (SDA) Tranche 1 Transport and Tracking Layer programs. Mynaric's unique position as the exclusive provider of optical communication terminals to key SDA initiatives and partners such as Northrop Grumman, York Space Systems, and Loft Federal underscores its critical role in NExT - the SDA's Experimental Testbed.

Juan Carlos Lopez, Mynaric's COO, emphasized the achievement in manufacturing these optical communication terminals on a large scale without compromising cost-effectiveness. "Our success lies in integrating essential manufacturing processes, enhancing both efficiency and adaptability to meet the demands of customer missions. The initiation of the CONDOR Mk3's mass production is just the beginning of our journey to maximize output and expand our product portfolio."

Furthermore, Mynaric is extending its technological boundaries by engaging in strategic partnerships and programs. It's a notable participant in DARPA's Space-BACN program's Phase 2, collaborates with the European Space Agency (ESA) to pioneer next-gen high-throughput optical inter-satellite links, and contributes to the German government's endeavors to advance quantum communication technologies.