Mynaric Signs Multi-Million Dollar Deal With SpaceLink

Aug. 12, 2021

Mynaric and SpaceLink announced the signature of a definitive agreement on the sale of optical inter-satellite link (OISL) terminals for satellites in Medium Earth Orbit (MEO) with a total order volume of up to $28 million depending on exercised options and SpaceLink's satellite prime selection. Mynaric expects to ship SpaceLink's first units during the first quarter of 2023. The deal includes mutually agreed upon milestone payments leading up to initial delivery.

Mynaric and SpaceLink today announced the signature of a definitive agreement on the sale of optical inter-satellite link (OISL) terminals for satellites in Medium Earth Orbit (MEO).

Mynaric and SpaceLink today announced the signature of a definitive agreement on the sale of optical inter-satellite link (OISL) terminals for satellites in Medium Earth Orbit (MEO).

"The final details of this agreement are just the beginning of a strategic partnership designed to bring fast, highly secure and continuous communications between spacecraft and the ground. Our industrialized approach to production will allow us to meet the expanded needs as SpaceLink's constellation grows," said Tina Ghataore, president, Mynaric USA and Chief Commercial Officer, Mynaric.

The agreement follows the framework previously announced, that also includes potential follow-up orders and further collaboration between the two companies. In addition to today's announcement, Mynaric is expected to provide SpaceLink Low Earth Orbit (LEO) optical communication terminals (OCT) for SpaceLink customers. These terminals would interface with the SpaceLink MEO data relay service. Both agreements significantly strengthen the relationship between the two aerospace organizations to mutual benefit.