Mynaric AG: Mynaric Selected By Raytheon Technologies To Supply Optical Communications Terminals For SDA Tranche 1 Tracking Layer Program
Portfolio Pulse from Happy Mohamed
Mynaric has been selected by Raytheon Technologies to supply optical communications terminals for the Space Development Agency (SDA) Tranche 1 Tracking Layer program. Mynaric will supply 21 CONDOR Mk3 terminals to Raytheon, with product deliveries expected in 2024.
June 21, 2023 | 12:22 pm
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Mynaric has been chosen by Raytheon Technologies to provide optical communications terminals for the SDA Tranche 1 Tracking Layer program, with deliveries expected in 2024.
Mynaric's selection by Raytheon Technologies for the SDA Tranche 1 Tracking Layer program is a significant partnership that will likely boost the company's revenues and reputation in the industry. This positive news is expected to have a short-term positive impact on Mynaric's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Raytheon Technologies has selected Mynaric to supply optical communications terminals for the Space Development Agency (SDA) Tranche 1 Tracking Layer program.
Raytheon Technologies' selection of Mynaric for the SDA Tranche 1 Tracking Layer program demonstrates the company's commitment to utilizing cutting-edge technology in its projects. This partnership is expected to have a short-term positive impact on Raytheon Technologies' stock price as it showcases the company's ability to secure key suppliers for critical national defense programs.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80