31 July 2020
Mynaric announced on 30 July that will not launch its Condor laser communication terminal for inter-satellite connectivity on board a Chinese spacecraft. It said in a statement on its website: ... to cease its business activities in China. Mynaric, having not delivered any laser communication hardware to China to date, will start at once to extricate itself from ongoing, but as yet uncompleted, transactions with customers in China. Having realized the strategic importance of laser communication Mynaric was already well into a monetized divestment plan from the Chinese market through a buy-out which has now stopped."
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