Replies to post #14630 on Airborne Wireless Network (ABWN)

[beer$$money]

Thanks! MainFirst coverage of Mynaric shares ‘outperform’ rating and EUR 100 price target

Munich, 13 July 2018 - MainFirst today initiated coverage of Mynaric (ISIN: DE000A0JCY11 / WKN: A0JCY1) with a comprehensive research report titled "Mynaric AG - High growth, non-cyclical".

According to this initial assessment, MainFirst expects the share of the listed laser communication product manufacturer to ‘outperform’ with a target price of EUR 100 per share. Compared with the current share price of Mynaric, this represents an upside potential of about 90 percent.

MainFirst expects significant rerating of the shares “once economic feasibility of large scale networks in the sky and space has been shown and awareness about laser communication's role as key technology in establishing aerospace networks becomes clear”. The report sees Mynaric in “an excellent position to penetrate the market and grow revenues substantially over the next years” eventually resulting in expected sales of around EUR 400m in 2022.