31/10/2020 09:00
Mynaric (M0Y): Optical fibre for the skies
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Edison Investment Research Limited
Mynaric (M0Y): Optical fibre for the skies

31-Oct-2020 / 08:00 GMT/BST


 


London, UK, 31 October 2020


Mynaric (M0Y): Optical fibre for the skies


Mynaric's free space optical communications terminals are beginning to come off the production line just as government agencies and commercial operators are commissioning high-speed communications networks based on constellations of satellites. In the last quarter, the company has announced contracts to supply multiple terminals for deployment on pathfinder missions for two US government programmes: one with DARPA and the other, we have inferred, with the Space Development Agency (SDA).


 


Since Mynaric is not expected to start delivering significant numbers of commercial units until H221 and to generate an operating profit until FY22, we present a scenario analysis rather than a peer group comparison of multiples. This analysis shows that a constellation of 100 low earth orbit (LEO) satellites could require €75m of Mynaric's laser communications terminals and a cluster of 250 airborne communications platforms could require €113m of equipment.



Click here to view the full report.


 


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For more information please contact Edison:


Anne Margaret Crow, +44 (0)20 3077 5700


tech@edisongroup.com


 


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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service

1144423  31-Oct-2020 


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Edison Investment Research Limited







Mynaric (M0Y): Optical fibre for the skies

31-Oct-2020 / 08:00 GMT/BST




 



London, UK, 31 October 2020



Mynaric (M0Y): Optical fibre for the skies



Mynaric's free space optical communications terminals are beginning to come off the production line just as government agencies and commercial operators are commissioning high-speed communications networks based on constellations of satellites. In the last quarter, the company has announced contracts to supply multiple terminals for deployment on pathfinder missions for two US government programmes: one with DARPA and the other, we have inferred, with the Space Development Agency (SDA).



 



Since Mynaric is not expected to start delivering significant numbers of commercial units until H221 and to generate an operating profit until FY22, we present a scenario analysis rather than a peer group comparison of multiples. This analysis shows that a constellation of 100 low earth orbit (LEO) satellites could require €75m of Mynaric's laser communications terminals and a cluster of 250 airborne communications platforms could require €113m of equipment.




Click here to view the full report.



 



Subscribe to Edison's content to receive reports by email.



All reports published by Edison are free-to-access and available on the website.



 



About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.



Edison is authorised and regulated by the Financial Conduct Authority.



Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.



For more information please contact Edison:



Anne Margaret Crow, +44 (0)20 3077 5700



tech@edisongroup.com



 



Learn more at www.edisongroup.com and connect with Edison on: 



LinkedIn        https://www.linkedin.com/company/edison-group-



Twitter           www.twitter.com/Edison_Inv_Res



YouTube       https://www.youtube.com/user/EdisonITV/videos
















Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service



1144423  31-Oct-2020 



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