Mynaric (FRA: M0YN) has a booth at Satellite 2025, apparently to drum up sales. Six months delinquent on financial reporting, delisted from the NASDAQ, and facing German bankruptcy proceedings, Mynaric is still charging ahead. Mynaric has yet to provided a fulsome update addressing production issues since their August 2024 announcement. In September, Mynaric only announced that they were addressing these challenges. Their CONDOR Mk3 backlog stood at 796 units as of the end of 2023, the last period for which Mynaric reported financials.
The fact Mynaric is participating at Satellite suggests they have not given up on their overall business. However, the remaining facts suggest they have given up on their stock.
Mynaric stock presently trades (on the Frankfurt Stock Exchange) at €0.69, an all time low.