ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Space Development Agency Taps Mynaric for Optical Ground Station Project

Multiple experiments to be conducted during demonstration

LOS ANGELES, CA / ACCESSWIRE / August 22, 2023 / Mynaric (NASDAQ: MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by the Space Development Agency (SDA) to contribute to an optical ground terminal demonstration. The research and development program's mission, slated for 2025, is to demonstrate the successful connection between various space-based optical communications terminals (OCTs) and an optical ground station designed by Mynaric.

"The collaboration with the SDA marks a significant milestone in advancing laser communications technology and paves the way for enhanced connectivity in the Proliferated Warfighter Space Architecture," said Joachim Horwath, Chief Technology Officer of Mynaric. "The ground station will play an important role in delivering high throughput and communication resiliency to the SDA network."

The principal purpose of this research and development program is to collect data and record findings from the connection between various space-based optical communications terminals and the optical ground station. This program will serve as risk reduction for follow-on demonstrations focusing on communications between the optical ground station and the Tranche 0 Transport Layer Space Vehicles.

"We were honored to be approached by the SDA to provide this critical laser communications technology and support for this project," said Tim Deaver, Vice President of US Government Sales and Strategic Solutions of Mynaric. "Delivering highly sensitive information and data to the ground is an important component of enabling data transfer between all domains."

This project strengthens Mynaric's position as a leading supplier across the company's entire laser communications product portfolio across all domains, space, air, and ground. Mynaric's laser communications terminals are designed and manufactured for mass deployment in government and commercial satellite constellations. The company has been previously selected for SDA programs by Northrop Grumman for the Tranche 1 Transport Layer and Tracking Layer, by Loft Federal for the SDA's Experimental Testbed (NExT) and by Raytheon for the SDA's Tranche 1 Tracking Layer program.

About Mynaric

Mynaric (NASDAQ: MYNA)(FRA: M0YN) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.

For more information, visit mynaric.com.

SOURCE: Mynaric AG



View source version on accesswire.com:
https://www.accesswire.com/775924/Space-Development-Agency-Taps-Mynaric-for-Optical-Ground-Station-Project

Recent Quotes

View More
Symbol Price Change (%)
AMZN  199.60
-4.48 (-2.20%)
AAPL  261.73
-13.77 (-5.00%)
AMD  205.94
-7.64 (-3.58%)
BAC  52.52
-1.33 (-2.47%)
GOOG  309.37
-1.96 (-0.63%)
META  649.81
-18.88 (-2.82%)
MSFT  401.84
-2.53 (-0.63%)
NVDA  186.94
-3.11 (-1.64%)
ORCL  156.48
-0.68 (-0.43%)
TSLA  417.07
-11.20 (-2.62%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.