Mynaric AG (MYNA) Starts Volume Production and Makes Initial Shipment

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Mynaric Starts Volume Production and Makes Initial Shipment

March 30, 2024 12:16 PM EDT

MUNICH, GERMANY / ACCESSWIRE / March 30, 2024 / Mynaric AG (NASDAQ: MYNA)(ISIN: US62857X1019)(FRA:M0YN)(ISIN: DE000A31C305) (the "Company") today, following customer approval, shipped the first flight model CONDOR Mk3 optical head and updates the Company's volume production and shipment expectations as most recently provided on January 10, 2024. Serial production of CONDOR Mk3 terminals started in the first quarter of 2024, and the Company currently expects further increases in production and shipments to continue in the second quarter of 2024.

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