Mynaric has entered into a definitive agreement with Northrop Grumman for the delivery of optical communication terminals in the framework of the U.S. government's Space Development Agency Tranche 2 Transport Layer-Beta space vehicles program. The contract with a value of around USD 25 million foresees payment milestones starting in 2023 and continuing throughout 2024 and 2025 with product deliveries beginning in 2024 and continuing until 2026.
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- Mynaric Receives USD 25 Million Order from Northrop Grumman