Mynaric AG (DE:M0YN) has released an update.
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Mynaric AG has announced progress in the volume production of its CONDOR Mk3 laser communications product, overcoming recent production delays and supply chain issues. The shipments will be part of the Space Development Agency’s Tranche 1 program and the company is actively seeking additional capital to sustain operations and production growth. Mynaric continues to bolster its position in the market by participating in several high-profile space communication programs and by developing quantum communication capabilities with government support.
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