**MUNICH, Germany, 26 March 2022** – [Mynaric](https://mynaric.com/) (NASDAQ: MYNA)(FRA: M0Y) today announced that its upcoming FY21 business update will be postponed by one week because the management team is unavailable due to illness.
Mynaric now plans to publish its FY21 business update, including selected figures of the preliminary financial results FY21 and other key information by means of a shareholder letter on Monday, April 4, 2022, at 11:00 a.m. Eastern Daylight Time (5:00 p.m. Central European Summer Time). The release of the shareholder letter will be announced over the newswire and published in the investor relations section of [mynaric.com](https://mynaric.com/investor-relations/overview/).
Mynaric will host a webcast the same day, April 4, at 12:00 p.m. Eastern Daylight Time (6:00 p.m. Central European Summer Time) to discuss the FY21 business update. The webcast will include a presentation and a Q&A session with Mynaric executives including CEO Bulent Altan, CTO Joachim Horwath and CFO Stefan Berndt-von Bülow.
Starting March 11 and continuing through March 25, Mynaric crowdsourced questions of retail and institutional investors some of which may be addressed by the upcoming FY21 business update.
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**About Mynaric**
Mynaric (NASDAQ: MYNA)(FRA: M0Y) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.
For more information, visit [mynaric.com](https://mynaric.com/).
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