Mynaric (MYNA)

• Market cap: $10.6M
• 1 day: 7.79%
• 5 days: 22.57%
• 1 month: -69.76%
• 3 months: -68.15%
• 6 months: -89.87%
• Year to date: -93.11%
• 1 year: -93.45%
• 5 years: -97.82%
• 10 years: -97.82%

About: Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.

Employees: 314

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11.65% less ownership

Funds ownership: 14.18% [Q2] → 2.52% (-11.65%) [Q3]

40% less funds holding

Funds holding: 10 [Q2] → 6 (-4) [Q3]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

94% less capital invested

Capital invested by funds: $3.63M [Q2] → $209K (-$3.42M) [Q3]