Mynaric AG (DE:M0YN) has released an update.
Mynaric AG has secured an $11 million bridge loan to address immediate working capital needs, complementing its existing financial strategies. The company is also negotiating a $9 million production increase incentive agreement, expected to bolster its cash flow further. These financial maneuvers aim to support Mynaric’s growth and operational stability in the competitive laser communications sector.
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