Space Development Agency Taps Mynaric For Optical Ground Station Project
Portfolio Pulse from Happy Mohamed
Mynaric (NASDAQ:MYNA), a provider of laser communications products, has been selected by the Space Development Agency (SDA) for an optical ground terminal demonstration. The program aims to demonstrate the successful connection between space-based optical communications terminals and an optical ground station designed by Mynaric. This project strengthens Mynaric's position as a leading supplier across its entire laser communications product portfolio.
August 22, 2023 | 12:18 pm
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Mynaric's selection by the SDA for an optical ground terminal demonstration project could strengthen its position in the laser communications market.
The news of Mynaric's selection by the SDA for this project is directly relevant to the company and its operations. This partnership could enhance Mynaric's reputation and potentially lead to increased demand for its products, positively impacting its stock price in the short term.
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