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Entertainment German Space Startup Mynaric takes serial production to

14:30  18 june  2021
14:30  18 june  2021 Source:   t3n.de

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The space startup mynaric has opened its first production facility in the Bavarian Oberpfaffenhofen, which is now manufacturing its data transmission devices in series.

Die Datenübertragung von und zu Satelliten soll mithilfe von Mynarics Technologie schneller funktionieren. © 3dsculptor / Shutterstock The data transmission from and to satellites should work faster using MyNarics technology.

The infinite widths of space are attractive for many startups - thanks to large and mainly financially strong players such as Spacex, Blue Origin and Virgin Galactic open up completely new possibilities, from space tourism to satellites, which in the earth-close orbit for Internet reception everywhere in the world to care. Last but not least, it also applies to the precise data transmission.

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Mynarics Laser Data Transfer Devices Go to Series

In this area, the Bavarian Startup Mynaric works. The company can now start with the series production of its data transmission devices . In Oberpfaffenhofen near Munich, the plant was put into operation and will produce up to 2,000 devices per year in the future. There should also be 200 new jobs.

The terminals that Mynaric manufactures transfer data over floor-level satellites, drones or aircraft not as usual via radio, but put on laser beams. One is at the threshold to the industrial age of this technology, said Myynaric-CEO Bülent Altan , who had previously worked closely with Elon Musk as a chief engineer of the satellite division at Spacex.

US IPO is intended to be planned for early autumn

series production should not remain the only success that Mynaric wants to announce this year. As insider reports, the startup should plan the gear to the NASDAQ for September or October this year. In Germany, Mynaric has already been listed since autumn 2017 at the Frankfurt Stock Exchange, now the US should follow. The startup is supported by the insiders from the Swiss Bank Credit Suisse. A higher stock market value as the 300 million euros issued in this country should also be sought.

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