Mynaric and Airbus U.S. Space & Defense, Inc. Sign Contract for Laser Communication Demonstration on ISS Bartolomeo Platform

Rhea-AI Summary

Mynaric (NASDAQ:MYNA) has announced a contract with Airbus U.S. Space & Defense to host its CONDOR Mk2 optical communications terminal on the International Space Station's Bartolomeo platform. This initiative aims to demonstrate laser communication capabilities in low Earth orbit, offering customers various experimental mission scenarios. The terminal will undergo rigorous testing to build operational heritage in space and is expected to be part of the ISS's Fall 2022 resupply mission. This collaboration emphasizes Mynaric's commitment to advancing high data-rate connectivity technology.

Positive

• Contract signed with Airbus for hosting CONDOR Mk2 on ISS, validating Mynaric's technology.
• Opportunity to demonstrate various laser communication use cases, potentially attracting future clients.
• Participation in the ISS's Fall 2022 resupply mission can enhance visibility and credibility.

Negative

• No specific financial terms or projected revenue from the contract were disclosed.

Airbus's payload hosting platform to demonstrate Mynaric's laser communication product on the International Space Station

HOUSTON, TX / ACCESSWIRE / May 12, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0Y) and Airbus U.S. Space & Defense, Inc. have signed a contract to host Mynaric's CONDOR Mk2 terminal for space-based laser communication on the International Space Station's (ISS) functional testbed, Bartolomeo. Mynaric plans to operate its industrialized optical communications terminal on the ISS, with the goal of demonstrating the product's capabilities in low Earth orbit and providing its customers with an extended range of experimental mission scenarios.

The terminal will be hosted on the Airbus built and operated Bartolomeo External Payload and Science Hosting Facility attached to the European Space Agency's (ESA) Columbus laboratory . Bartolomeo serves as a functional testbed on the ISS that enables a wide range of customers the opportunity to test and mature emerging technologies and innovative solutions to expand terrestrial and space economies.

The CONDOR's positioning on Bartolomeo will provide it a clear view of Earth and space, allowing Mynaric to offer its customers excellent conditions to test and demonstrate a range of laser communication use cases involving a space-based terminal compliant, amongst others, with the Space Development Agency's optical communications interoperability standard . As part of this on-orbit demonstration, Mynaric plans to put its CONDOR optical communications terminal through a rigorous test regime demonstrating various capabilities and building operational heritage in space.

"We are excited to be part of Mynaric's effort to demonstrate high data-rate connectivity from the International Space Station," said Debra Facktor, head of U.S. space systems at Airbus U.S Space & Defense, Inc. "Choosing Bartolomeo to host the CONDOR optical communications terminal highlights the value our platform provides customers by expediting and simplifying the space qualification of technologies from an idea to a potentially market changing solution."

"By using the Bartolomeo platform to host our solution, we plan to showcase and, in time, offer our customers an extended range of demonstration and experimental mission scenarios," said Tim Deaver, vice president for strategic solutions at Mynaric. "This experience will further help them explore the utility of our products, refine and accelerate various deployment strategies for laser communications technology at large and build our operational heritage in space."

Mynaric's CONDOR optical communications terminal is expected to be part of the International Space Station Fall 2022 resupply mission.

About Airbus U.S. Space & Defense, Inc.
Headquartered in Arlington, VA and operating under a Special Security Agreement (SSA), Airbus U.S. Space & Defense, Inc. offers advanced solutions to meet the most complex U.S. defense, security, space, and intelligence requirements. A long time U.S. government partner, Airbus U.S. leverages world-class satellite, laser communication, rotor and fixed wing solutions to help its National Security focused customers meet their missions. For more information, visit https://airbusus.com/.

About Mynaric
Mynaric (NASDAQ: MYNA)(FRA: M0Y) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C. For more information, visit mynaric.com.

Phone: +49 8105 7999 0
E-mail: comms@mynaric.com
Internet: www.mynaric.com

SOURCE: Mynaric AG

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https://www.accesswire.com/701130/Mynaric-and-Airbus-US-Space-Defense-Inc-Sign-Contract-for-Laser-Communication-Demonstration-on-ISS-Bartolomeo-Platform

FAQ

What is Mynaric's recent contract with Airbus about?

Mynaric signed a contract with Airbus to host its CONDOR Mk2 laser communication terminal on the ISS's Bartolomeo platform.

When is Mynaric's CONDOR Mk2 expected to be launched to the ISS?

The CONDOR Mk2 is expected to be part of the ISS's Fall 2022 resupply mission.

What are the benefits of Mynaric's laser communication terminal demonstration on the ISS?

The demonstration aims to validate the technology and provide customers with various experimental mission scenarios.

How does the collaboration with Airbus benefit Mynaric?

The collaboration enhances Mynaric's visibility, credibility, and potentially attracts future clients for laser communication solutions.