Mynaric AG (FRA:M0YN) Construction In Progress : €3.70 Mil (As of Dec. 2023)

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What is Mynaric AG Construction In Progress?

Mynaric AG's quarterly construction in progress declined from Dec. 2022 (€2.38 Mil) to Jun. 2023 (€0.00 Mil) but then increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€3.70 Mil).

Mynaric AG's annual construction in progress increased from Dec. 2021 (€2.25 Mil) to Dec. 2022 (€2.38 Mil) and increased from Dec. 2022 (€2.38 Mil) to Dec. 2023 (€3.70 Mil).

Mynaric AG Construction In Progress Historical Data

The historical data trend for Mynaric AG's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mynaric AG Construction In Progress Chart

Mynaric AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.47

2.72

2.25

2.38

3.70

Mynaric AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial								2.25	-	2.38	-	3.70

Mynaric AG Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Mynaric AG (FRA:M0YN) Business Description

Industry

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MYNA:USA MOYFF:USA M0YN:Germany

Address

Dornierstrasse 19, Gilching, BY, DEU, 82205

Website

https://www.mynaric.com

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

Mynaric AG (FRA:M0YN) Headlines

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