Satellite lasercom provider Mynaric: Crisis due in part to supply chain issues: ‘You order 100, you get three that are usable’

by Peter B. de Selding

PARIS— Satellite laser communications terminal (LCT) provider Mynaric AG, which this summer surprised investors and customers by announcing reduced production volumes and a cash crisis, outlined supply-chain issues that helped push it into crisis and said it has now stabilized production.

Germany-based Mynaric is still looking for strategic options to salvage itself as an independent company or by being purchased. But it “will continue to meet the current requirements of our customers,” and specifically its deliveries for the U.S. Space Development Agency (SDA), the company said . . .

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