Friday, August 29, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release Accesswire

Mynaric Updates Guidance on 2024 Key Performance Indicators, Lowering Revenue and Optical Communications Terminal Backlog Guidance

January 4, 2025
in Accesswire
Reading Time: 6 mins read
5
SHARES
246
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

MUNICH, DE / ACCESSWIRE / January 3, 2025 / Mynaric AG (NASDAQ:MYNA; ISIN: US62857X1019)(FRA:M0YN; ISIN: DE000A31C305) (the “Company”) updates its full-year 2024 guidance published on August 20, 2024, for two of its key financial performance metrics.

IFRS-15 revenue: the Company now anticipates full-year 2024 IFRS-15 revenue of EUR 14.1 million compared to previous guidance of a range estimating between EUR 16.0 million to EUR 24.0 million. The guidance decrease reflects shipments of CONDOR Mk3 terminals, originally expected to ship in late 2024, to slip into early 2025, due to shortages of key components from suppliers. These delays resulted in approximately EUR 2.6 million of revenue for terminals previously expected to ship in 2024 now expected to ship and revenue recognized in early 2025.

Operating loss: the previous Company guidance of a range of operating loss estimating to range between a loss of EUR 55.0 million to EUR 50.0 million is unchanged.

Cash-In from Customer Contracts(1): the previous Company guidance estimating to range between EUR 45.0 million to EUR 50.0 million is unchanged.

Optical Communications Terminal Backlog(2): the Company now anticipates full-year optical communications terminal backlog at December 31, 2024 of 787 terminal units compared to the previously communicated Company guidance estimating to range between 800 to 1,000 terminal units. The guidance decrease is due to timing shifts in contracts for new terminal orders previously expected to close in 2024 now expected to close in 2025.

(1) Cash-In from Customer Contracts includes payments from customers under purchase orders and other signed agreements, including accrued payment milestones under customer programs.

(2) Optical communications terminal backlog represents the quantity of all open optical communications terminal deliverables in the context of signed customer programs at the end of a reporting period.

Further explanations about how Mynaric uses these metrics can be found in Mynaric’s Annual Report 2023, which has been published on Mynaric’s investor relations website.

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.

Forward-Looking Statement

This release includes forward-looking statements. All statements other than statements of historical or current facts contained in this release, including statements regarding our future results of operations and financial position, industry dynamics, business strategy and plans and our objectives for future operations, are forward-looking statements. These statements represent our opinions, expectations, assumptions, beliefs, intentions, estimates or strategies regarding the future, which may not be realized. Forward looking statements are often indicated by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “look forward to,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target” “will,” “would” and/or the negative of these terms or other similar expressions that are intended to identify forward-looking statements.

The forward-looking statements included in this release are based largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements involve known and unknown risks, uncertainties and assumptions that are difficult to predict or are beyond our control, and actual results may differ materially from those expected or implied as forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to (i) the impact of any geopolitical tensions or the global COVID-19 pandemic on the global economy, our industry and markets as well as our business, (ii) risks related to our limited operating history, our history of significant losses and the execution of our business strategy, (iii) risks related to our ability to successfully manufacture and deploy our products and risks related to serial production of our products, (iv) risks related to our sales cycle which can be long and complicated, (v) risks related to our limited experience with order processing, our dependency on third-party suppliers and external procurement risks, (vi) risks related to defects or performance problems in our products, (vii) effects of competition and the development of the market for laser communication technology in general, (viii) risks related to our ability to manage future growth effectively and to obtain sufficient financing for the operations and ongoing growth of our business, (ix) risks relating to the uncertainty of the projected financial information, (x) risks related to our ability to adequately protect our intellectual property and proprietary rights and (xi) changes in regulatory requirements, governmental incentives and market developments. Moreover, new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We caution you therefore against relying on these forward-looking statements, and we qualify all of our forward-looking statements by these cautionary statements.

The forward-looking statements included in this release are made only as of the date hereof. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Unless required under applicable law, neither we nor any other person undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release or otherwise. You should read this release with the understanding that our actual future results, levels of activity, performance and events and circumstances may materially differ from what we expect.

This release may include certain financial measures not presented in accordance with IFRS. Such financial measures are not measures of financial performance in accordance with IFRS and may exclude items that are significant in understanding and assessing our financial results. Therefore, these measures should not be considered in isolation or as an alternative to loss for the period or other measures of profitability, liquidity or performance under IFRS. You should be aware that our presentation of these measures may not be comparable to similarly titled measures used by other companies, which may be defined and calculated differently.

SOURCE: Mynaric AG

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

NETCLASS TECHNOLOGY INC Announces Full Exercise of Over-Allotment Option

Next Post

Unmarshal and Movement Labs Collaborate to Revolutionize Web3 Innovations with AI

Related Posts

How to Sell a Manufacturing Business: Expert Guide Released

Selling a manufacturing business can become a very complicated process. IRAEmpire's guide aims to help business owners get the best value for their enterprise while also completing the process seamlessly. LOS ANGELES, CALIFORNIA / ACCESS Newswire / August 28, 2025 / IRAEmpire.com has released a new, comprehensive guide to help...

Read moreDetails

401(k) to Gold IRA Rollover Guide Released (Learn to Convert 401k to Gold, Rules, Custodians and More)

Consumers can learn about gold IRA rollovers, rules, steps and more in IRAEmpire's latest guide. NASHVILLE, TN / ACCESS Newswire / August 28, 2025 / IRAEmpire.com has released a new guide on 401k to Gold IRA Rollover to help consumers understand the process. Read the Full Guide on 401k to...

Read moreDetails

Conga Recognized as a 2025 Gartner(R) Peer Insights(TM) Customers’ Choice for Configure, Price and Quote Applications

Gartner® Peer Insights™ Customers' Choice distinction is based on feedback and ratings from end-user professionals who have experience with Conga CPQ BROOMFIELD, CO / ACCESS Newswire / August 28, 2025 / Conga, the market leader at the forefront of AI-powered innovation in CPQ, CLM, and Document Automation, today announced it...

Read moreDetails

Dynamic Aerospace Systems (DAS), aka BrooQLy, Inc., Trading Symbol: BRQL, Launches Fortis Class: Government Drone Series for Defense, Security, and Humanitarian Operations

ANN ARBOR, MICHIGAN / ACCESS Newswire / August 28, 2025 / Dynamic Aerospace Systems ("DAS"), aka BrooQLy, Inc. (OTCQB:BRQL), a leading innovator in unmanned aerial vehicles (UAVs) and aerospace technologies, announced today the launch of its "Fortis Class", a dedicated line of autonomous aerial systems engineered for military, government, and...

Read moreDetails

Access Newswire to Participate in Lake Street’s 9th Annual Best Ideas Growth (BIG9) Conference September 11, 2025

RALEIGH NC / ACCESS Newswire / August 28, 2025 / ACCESS Newswire Inc. (NYSE American:ACCS), an industry-leading communications company, announced today that management will participate in Lake Street Capital Markets' 9th Annual Best Ideas Growth (BIG9) Conference on September 11, 2025. The conference is being held at The Yale Club...

Read moreDetails

Commerce.AI to Sponsor Genesys Xperience 2025 as GOLD Sponsor

Commerce.AI’s session, titled “Forget bots: Agentic voice AI is running in production on Genesys and saving millions,” will take place on Tuesday, September 9, at 1:30 p.m. in Showcase Theater 1. SAN FRANCISCO, CA / ACCESS Newswire / August 28, 2025 / Today, Commerce.AI announced it will be a GOLD...

Read moreDetails

Top Appliance Retailer Boosts Conversions With HawkSearch

AI search and personalization speeds up shopping and drives sales WOBURN, MA / ACCESS Newswire / August 28, 2025 / Bridgeline Digital, Inc. (NASDAQ:BLIN), a leader in AI-powered marketing technology, announced the launch of a search platform upgrade for a top appliance retailer. The upgrade delivers faster, more relevant search...

Read moreDetails

Ordinal Raises $1M to Help Municipalities Work Smarter With AI

Plains Ventures Leads Seed Round as Arkansas Startup Expands Footprint in Local Governments BENTONVILLE, ARKANSAS / ACCESS Newswire / August 28, 2025 / Ordinal, an AI research assistant for local governments, has secured a $1 million seed round led by Plains Ventures with participation from Winrock International and The Venture...

Read moreDetails

C2 Blockchain Accelerates Bitcoin-Native Adoption, Expands DOG Coin Treasury to Over 331 Million Coins

MIAMI BEACH, FL / ACCESS Newswire / August 28, 2025 / C2 Blockchain Inc. (OTC:CBLO), a publicly traded blockchain infrastructure and digital asset company, today announced that it has expanded its DOG Coin treasury to 331,687,006 DOG, following the strategic acquisition of 14,749,447 DOG since its most recent update. This...

Read moreDetails

The Crypto Company Appoints Rob Nail and Edge Of Company, Inc. as Strategic Advisors, Strengthening Commitment to the Convergence of AI and Crypto

MALIBU, CA / ACCESS Newswire / August 28, 2025 / The Crypto Company (OTC:CRCW) today announced the appointment of Rob Nail, former CEO of Singularity University, and Edge of Company, a dynamic media and event company dedicated to elevating emerging technology, as Advisors to the Board of Directors ("Board") of...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    50 shares
    Share 20 Tweet 13
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    97 shares
    Share 39 Tweet 24
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    53 shares
    Share 21 Tweet 13
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    71 shares
    Share 28 Tweet 18
  • Discover the Best Metaverse Crypto Projects and Virtual Worlds 2025

    46 shares
    Share 18 Tweet 12
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Cross-Border B2C E-Commerce Market to Expand from USD 1,122.08 Billion in 2023 to USD 4,590.78 Billion by 2030 at 21.92% CAGR – Cross-Border B2C E-Commerce Market forecast
  • STACK Infrastructure Reinforces Responsible Development Principles through Project Jupiter in New Mexico
  • Power Journey, Purify Any Source: Glacier Fresh Unveils OSMOGO Outdoor RV Water Purifier
  • What a San Bernardino Car Accident Attorney Can Do That Insurance Won’t
  • Satisfaction of Additional Price Condition and Confirmation of Warrant Expiration Date

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.