Mynaric receives $36 million order from Northrop Grumman

Mynaric has entered into a definitive agreement with Northrop Grumman for delivery of optical communication terminals in the framework of a US government space program led by the Space Development Agency. The contract with an initial value of $36 million foresees payment milestones throughout 2022, 2023 and 2024 and product deliveries mostly in 2023 and 2024.