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An announcement from Mynaric AG ( (DE:M0YN) ) is now available.
On March 28, 2025, Mynaric AG announced the resignation of Bulent Altan as Chairman and Member of its Supervisory Board, effective April 1, 2025, due to personal reasons. Altan had been elected as Chairman following his appointment to the Supervisory Board in August 2023. The company plans to elect a new Chairman promptly and will appoint a new member in accordance with the applicable stock corporation act. This change in leadership is significant for Mynaric as it navigates its strategic direction in the laser communications industry, potentially impacting its stakeholders and market positioning.
More about Mynaric AG
Mynaric AG is at the forefront of the industrial revolution in laser communications, specializing in the production of optical communications terminals for air, space, and mobile applications. The company provides laser communication networks that enable ultra-high data rates and secure, long-distance data transmission between moving objects for various applications, including wireless terrestrial, mobility, airborne, and space-based uses. Mynaric is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.
YTD Price Performance: -34.15%
Average Trading Volume: 1,870
Technical Sentiment Signal: Buy
Current Market Cap: $4.98M
See more insights into M0YN stock on TipRanks’ Stock Analysis page.