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Mynaric Receives 2021 Pioneer Space Business Award of the Year from Euroconsult

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Mynaric has been awarded the 2021 Pioneer Space Business Award of the Year at the World Satellite Business Week Summit, recognizing its leadership in laser communication for space applications. The award, presented by Euroconsult, highlights Mynaric's innovative approach and significant impact on the global space sector. The company's momentum this year includes the opening of a serial production facility and a successful NASDAQ listing, underscoring its commitment to achieving global connectivity through strategic industry partnerships.

Positive
  • Recognized with the 2021 Pioneer Space Business Award for innovation in laser communication.
  • Opened a serial production facility, enhancing production capabilities.
  • Successfully listed on NASDAQ, increasing market visibility.
  • Established strategic relationships with customers and industry partners.
Negative
  • None.

PARIS, FRANCE / ACCESSWIRE / December 15, 2021 / Mynaric, a leader in laser communication for space applications, received the 2021 Pioneer Space Business Award of the Year at this year's World Satellite Business Week Summit sponsored by Euroconsult.

Euroconsult, a leading global space and satellite consulting and market intelligence firm, honors the most forward-thinking businesses and innovators shaping the future of the global space sector through its annual "Outstanding Achievement Awards".

"The World Satellite Business Week Awards recognize organizations, products and people working at the forefront of the connectivity, space and satellite communications sectors and pioneering excellence in this realm," said Pacôme Révillon, CEO, Euroconsult. "Mynaric has shown itself to be a key driver of the industrialization of laser communication - truly pioneering the use of a technology that will revolutionize connectivity in space and in the air. Today's award recognizes their positive contributions towards innovating in their field and securing the commercial wins that reflect the need for that innovation."

"We are honored to receive this recognition from Euroconsult," said Bulent Altan, CEO of Mynaric. "From the official opening of our serial production facility to becoming publicly listed on NASDAQ, this has been an exciting year for Mynaric. We are on a mission to bring global connectivity to the planet which is only possible because of the many strategic and successful relationships we have built with our customers and industry partners this year and that we will build in the future."

The Pioneer Space Business Award of the Year is a performance-based honor. Shortlisted candidates were assessed by a panel of industry experts based on rigorous qualitative (innovation, strategic decisions, impact) and quantitative (financial and commercial indicators) criteria.

For more information about the World Satellite Business Week Summit or Awards program, please visit the event site.

About Mynaric
Mynaric (Nasdaq:MYNA) (Frankfurt Stock Exchange: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.

Contact:

Mynaric AG
+49 8105 7999 0
comms@mynaric.com
www.mynaric.com

SOURCE: Mynaric AG



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https://www.accesswire.com/677828/Mynaric-Receives-2021-Pioneer-Space-Business-Award-of-the-Year-from-Euroconsult

FAQ

What award did Mynaric receive in December 2021?

Mynaric received the 2021 Pioneer Space Business Award of the Year at the World Satellite Business Week Summit.

Who presented the award to Mynaric?

The award was presented by Euroconsult, a top consulting and market intelligence firm in the space sector.

What is Mynaric known for?

Mynaric is known for its leadership in laser communication technology for air, space, and mobile applications.

What significant achievements did Mynaric announce in 2021?

In 2021, Mynaric announced the opening of a serial production facility and its listing on NASDAQ.

What is Mynaric's stock symbol?

Mynaric's stock symbol is MYNA.

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Communication Equipment
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