Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Raytheon Technologies to supply optical communications terminals for the Space Development Agency (SDA) Tranche 1 Tracking Layer program.

Raytheon Technologies was awarded the seven-vehicle mission satellite constellation in February 2023. Each satellite will feature three optical communications terminals, and a Ka-band, multi-beam payload for communications. Mynaric will supply 21โ€ฏCONDOR Mk3 terminalsโ€ฏto Raytheon for the program with the product deliveries expected in 2024.

โ€œThis critical mission demands the very best in technology to ensure our nationโ€™s security. Mynaricโ€™s solution will enable us to achieve unparallel levels of data transmission and enhance our capabilities to protect and defend,โ€ said Dave Broadbent, president of Space & C2 at Raytheon Intelligence & Space.

The Tranche 1 Tracking Layer will detect, identify, and track hypersonic weapons and other advanced missiles from their earliest stages of launch through interception.โ€ฏOnce fully deployed, the low-Earth orbit constellation of networked satellites will become the fifth plane of satellites providing missile warning and tracking for the U.S. Department of Defense. The program is a key element of the Proliferated Warfighter Space Architecture.

โ€œOur entire team is proud to support Raytheon Technologies and the SDA on this critical national defense program,โ€ said Tina Ghataore, Chief Commercial Officer for Mynaric. โ€œWe have signaled to the market that our team works collaboratively with our customers to deliver industry-leading products that meet the SDA standards and requirements for interoperability.โ€

Mynaric will also supply optical communications terminals to the 14 satellites developed by Northrop Grumman for the Tranche 1 Tracking Layer program.

Mynaricโ€™sโ€ฏCONDOR family of optical communications terminalsโ€ฏis specifically designed for mass deployment as part of government and commercial satellite constellations. It has previously been selected by Northrop Grumman for the SDAโ€™s Tranche 1 Transport Layer program, by Loft Federal for SDAโ€™s Experimental Testbed NExT, by Telesat for the DARPA Blackjack program and others. In addition, Mynaric was named a key development partner for Phase 1 of DARPAโ€™s Space-BACN program, was selected by the European Space Agency (ESA) to investigate optical technologies for next generation high-throughput optical inter-satellite links and was selected by the German government for multiple projects to develop quantum communication capabilities.โ€ฏโ€ฏ

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.