Mynaric to Provide Optical Communications Terminals to Northrop Grumman as Part of the Space Development Agency’s Tranche 1 Tracking Layer Program

Rhea-AI Summary

Mynaric (NASDAQ:MYNA) announced it will supply Northrop Grumman with 42 CONDOR Mk3 optical communications terminals for 14 satellites as part of the Space Development Agency's Tranche 1 Tracking Layer program. Deliveries are expected primarily in 2024 for deployment in 2025. These satellites will feature advanced sensors and communications payloads to track hypersonic and other advanced missiles. This collaboration emphasizes Mynaric's role in supporting U.S. national defense and its commitment to producing scalable, reliable communication products.

Positive

• Mynaric will deliver 42 CONDOR Mk3 terminals, enhancing its order book.
• The contract supports critical U.S. defense initiatives, potentially increasing Mynaric's market relevance.

Negative

• None.

LOS ANGELES, CA / ACCESSWIRE / October 18, 2022 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced it will provide Northrop Grumman with optical communications terminals for 14 satellites as part of the Space Development Agency's (SDA) Tranche 1 Tracking Layer program. Each satellite will feature a wide field-of-view infrared sensor, three optical communications terminals, and a Ka-band payload for communications. Mynaric will supply 42 CONDOR Mk3 terminals to Northrop Grumman for the program with the product deliveries expected mostly in 2024 for deployment in 2025.

"Once again, we are proud to support Northrop Grumman and the SDA on this program which is critical to the United States' national defense," said Mynaric Chief Commercial Officer Tina Ghataore. "This announcement highlights our commitment to delivering products for space applications that are technically sound and can be serially produced. We will leverage our experience working with Northrop Grumman on the Tranche 1 Transport Layer as we embark on the delivery of the terminals for the Tranche 1 Tracking Layer satellites."

In July, the SDA selected Northrop Grumman as one of its two prime contractors for its Tranche 1 Tracking Layer as part of the initial Missile Warning/Missile Tracking warfighting capability of the National Defense Space Architecture (NDSA). The Tranche 1 Tracking Layer will detect, identify, and track hypersonic weapons and other advanced missiles from their earliest stages of launch through interception. Once fully deployed in 2025, the Tranche 1 Tracking Layer satellites will operate in up to four low-Earth orbital planes, interconnected with Tranche 1 Transport Layer satellites.

"Tranche 1 Tracking builds upon, and connects to, Northrop Grumman's Tranche 1 Transport Layer program," said Blake Bullock, vice president, communication systems, strategic space systems, Northrop Grumman. "We are working closely with Mynaric and our other industry partners to rapidly field this critical missile warning and missile tracking capability."

About Mynaric

Mynaric (NASDAQ: MYNA ) (FRA: M0YN ) 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 .

SOURCE: Mynaric AG

View source version on accesswire.com:
https://www.accesswire.com/720820/Mynaric-to-Provide-Optical-Communications-Terminals-to-Northrop-Grumman-as-Part-of-the-Space-Development-Agencys-Tranche-1-Tracking-Layer-Program

FAQ

What is Mynaric's recent announcement regarding Northrop Grumman?

Mynaric announced it will supply Northrop Grumman with 42 CONDOR Mk3 optical communications terminals for 14 satellites under the Space Development Agency's Tranche 1 Tracking Layer program.

When will Mynaric deliver the optical communications terminals?

Delivery of the terminals is expected primarily in 2024, with deployment scheduled for 2025.

What is the purpose of the Tranche 1 Tracking Layer program?

The program aims to detect and track hypersonic and advanced missile threats as part of the U.S. national defense strategy.

How does Mynaric's product contribute to satellite technology?

Mynaric's optical terminals provide high-data-rate communication capabilities essential for modern satellite operations.

Is Mynaric involved in any other programs with Northrop Grumman?

Yes, Mynaric has previously worked with Northrop Grumman on the Tranche 1 Transport Layer program.