PARIS — Satellite laser communications terminal builder Mynaric reported a 2022 operating loss of 73.8 million euros ($79 million) on revenue of 4.4 million euros and told investors that late this year and 2024 would be when the long-promised wave of demand breaks Mynaric’s way.
The upswing is expected to be enough to make Mynaric cash-flow positive, or at least cash-flow neutral, by the end of 2024, Chief Financial Officer Stefan Berndt-von Bülow said in an April 27 investor call.
