For many companies, going public is an expensive and time-consuming process due to a great deal of regulatory hurdles. Mynaric went public in 2017 and is to date the only exit through a traditional IPO in the German NewSpace industry. Putting the company’s stock performance in 2020 in perspective to the development of TecDAX and S&P 500 indices, the German tech company easily outperformed both. Operative milestones such as the secured Telesat deal for DARPA’s satellite program, its US expansion and continuing efforts to increase its market position as the leading industrialized laser communication producer are reflected in the stock performance of 2020. Not only do analysts see huge revenue opportunity until 2022, Mynaric’s key technology is also of considerable strategic value.

Source: Capitol Momentum
Image: Released 29/3/2021
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