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Mynaric sale to Rocket Lab approved, economy ministry imposes conditions

The economy ministry has approved the sale of the German laser specialist Mynaric to the US group Rocket Lab after months of review, subject to conditions. The decision underscores the security-sensitive nature of the technology, as already became clear in 2020. » More on welt.de

Historical dividends Dividends

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In 2022, Mynaric AG has already paid €0.26 in dividends. The last payout was in March 2022.

Financials

In the last year, Mynaric AG had revenue of €5.39M and net profit of -€93.53M

(EUR)	2023	YoY
Revenue	5.39M	21.89%
Gross profit	-11.34M	78.42%
Net profit	-93.53M	26.76%
EBITDA	-70.72M	9.21%

Fundamentals

Metric	Value
Market capitalization	€989.64K
Number of shares	2.71M
52-week high/low	€25.40 - €0.37
Dividends	No
Beta	1.50
P/E ratio	-0.03
PEG ratio	0.00
P/B ratio	-0.07
P/S ratio	0.62

Company profile

Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, aircraft, and the ground. The company was incorporated in 2009 and is headquartered in Gilching, Germany.