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MYNARIC AG Capella Space to use Mynaric Condor Terminals to demonstrate compatibility with Space Development Agency's satellite constellation

Transparency directive : regulatory news

09/11/2021 15:29

DGAP-News: Mynaric AG / Key word(s): Incoming Orders
Capella Space to use Mynaric Condor Terminals to demonstrate compatibility with Space Development Agency's satellite constellation

09.11.2021 / 15:29
The issuer is solely responsible for the content of this announcement.


HAWTHORNE, Calif., November 9, 2021 - Mynaric was unveiled today as Capella Space's supplier for optical inter-satellite links (OISL). Capella Space announced that they will become the first commercial Synthetic Aperture Radar (SAR) company to demonstrate compatibility with the U.S. Space Development Agency's (SDA) National Defense Space Architecture, a large-scale satellite constellation providing a range of capabilities to U.S. warfighters and to be comprised of several hundred laser-linked satellites. Mynaric will be delivering its next generation optical communications terminal, CONDOR Mk3, to Capella Space to ensure this compatibility. In August, Mynaric already announced the signing of Capella Space as a then undisclosed launch customer as part of the product's debut at the 36th annual Space Symposium. Earlier, industry media reported that the SDA is looking to work with commercial operators of imaging satellites so they can send data directly to U.S. government satellites in orbit.

"After a thorough vetting process, it was clear that Mynaric's CONDOR Mk3 is the premier solution to interweave our services with the U.S. Space Development Agency's National Defense Space Architecture," said Christian Lenz, Chief Technology Officer of Capella Space. "We have selected the CONDOR Mk3 optical communications terminal for our critical, highly reliable and secure data transmission needs due to its demonstrated compatibility, performance and availability."

"We have a proven track record of demonstrated compatibility with SDA's interoperability standard for optical inter-satellite links," said Tina Ghataore, Chief Commercial Officer of Mynaric. "This is just the beginning of a strong partnership between Capella Space and Mynaric and illustrates the importance of our efforts on interoperability and serial production capabilities to meet the needs of our commercial and governmental customers."

The CONDOR Mk3 ensures compatibility with the U.S. Space Development Agency's (SDA) optical communications terminal standard. Detailed technical specifications of the product can be requested from the CONDOR Mk3 product page.

About Capella Space
Capella Space is an information services company that provides on-demand 50cm high-resolution synthetic aperture radar (SAR) Earth observation imagery. Through a constellation of small satellites, Capella provides easy access to frequent, timely and flexible information affecting dozens of industries worldwide. Capella's high-resolution SAR satellites are matched with unparalleled infrastructure to deliver reliable global insights that sharpen our understanding of the changing world - improving decisions about commerce, conservation and security on Earth. Learn more at www.capellaspace.com.

About Mynaric
Mynaric (Frankfurt Stock Exchange: M0Y, ISIN: DE000A0JCY11) produces the optical fiber for the skies and, as a pioneer of laser communication, enables extremely fast and secure wireless data transmission between aircraft, drones and satellites. Globally, the need for fast and ubiquitous network connectivity is advancing inexorably. Data networks such as the internet are now largely based on infrastructure on the ground which cannot be expanded arbitrarily for legal, economic or logistical reasons. The future, therefore, calls for an expansion of the existing network infrastructure into air and space. Mynaric provides laser communication products to establish the necessary data highways for telecommunication constellations in air and space. For more information, visit mynaric.com.

 

 

 

 



09.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Mynaric AG
Dornierstr. 19
82205 Gilching
Germany
Phone: +49 8105 7999 0
E-mail: comms@mynaric.com
Internet: www.mynaric.com
ISIN: DE000A0JCY11
WKN: A0JCY1
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1247515

 
End of News DGAP News Service

1247515  09.11.2021 

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