DJ Mynaric (M0Y): Optical fibre for the skies
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 &euro75m of Mynaric's laser communications terminals and a cluster of 250 airborne communications platforms could require &euro113m of equipment. Click here [1] to view the full report. Subscribe [2]to Edison's content to receive reports by email. All reports published by Edison are free-to-access and available on the website [3]. 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 [4]. 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 [5] and connect with Edison on: LinkedIn https://www.linkedin.com/company/edison-group- [6] Twitter www.twitter.com/Edison_Inv_Res [7] YouTube https://www.youtube.com/user/EdisonITV/videos [8] 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 1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a09b0532bbea74b14d39997b4e694ffa&application_id=1144423&site_id=vwd&application_name=news 2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=dc4b6da9609a3fa15934b7007f0912b2&application_id=1144423&site_id=vwd&application_name=news 3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2d62d350e44141e01d1766d8ed0b3f95&application_id=1144423&site_id=vwd&application_name=news 4: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=105fe9be9b5e36892886e5a39d51d4b7&application_id=1144423&site_id=vwd&application_name=news 5: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=88c95533002fab2316572f9ef6cf3cc6&application_id=1144423&site_id=vwd&application_name=news 6: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=afe662765000a80ab72afd922939c992&application_id=1144423&site_id=vwd&application_name=news 7: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ec2d264fe4f303e2143a2e85c6eaa823&application_id=1144423&site_id=vwd&application_name=news 8: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=503a664bab9a3c1e597c376ef91e0298&application_id=1144423&site_id=vwd&application_name=news
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October 31, 2020 04:00 ET (08:00 GMT)
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