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DGAP-News: Mynaric AG / Key word(s): Personnel
May 14th, 2021, Washington, D.C. - Mynaric (Frankfurt Stock Exchange: M0Y, ISIN: DE000A0JCY11) has announced that Tim Deaver with over 30 years of experience with governmental space programs has been appointed VP Strategic Solutions.
Tim will operate out of Mynaric's newly established Washington, D.C. area office and will be responsible for creating and marketing customer solutions, particularly in response to the critical needs of the U.S. Department of Defense and other government clients. Prime among these will be the build out of the Space Development Agency's (SDA) Transport Layer Tranche 1 constellation of up to 150 satellites, each of which will feature between three to five optical terminals. The satellites are scheduled to be procured through an RFP to be issued by SDA in Q3 2021.
"I am absolutely delighted to welcome Tim to our team. He is an authority in the industry and has a proven track-record of successfully winning business from and providing valuable solutions for various parts of the U.S. Government. Laser communication is at an inflection point right now and the U.S. Government is playing a catalyzing role in transitioning the technology to industrial-scale deployment. Tim is joining just at the right time to allow us to leverage on that dynamic."
Prior to joining Airbus U.S., Tim worked for SES and SES Government Solutions for over 10 years where he led business and product development activities. At SES Government Services the team under his leadership won several high-profile opportunities including U.S. Air Force Space and Missile System Center Pathfinder 1 and 3 contracts, and commercially hosted research and navigation payloads for NASA and the FAA. Tim also served as the program manager and eventually the Program Executive for the U.S. Air Force's Commercially Hosted Infrared Payload (CHIRP). Prior to joining SES, Tim served 22 years in the U.S. Air Force in various space operational, intelligence, acquisition, and policy positions.
Globally, the need for fast, secure and ubiquitous network connectivity is advancing inexorably. Data networks such as the internet are now largely based on infrastructure on the ground which cannot be expanded arbitrarily for legal, economic or logistical reasons. The future, therefore, calls for an expansion of the existing network infrastructure into air and space. Mynaric pioneers this growth market with an industrialized approach to wireless laser communication products.
More information on: www.mynaric.com
14.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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