All these satellites will have to communicate with each other and to the ground.
Laser communication has several benefits over micro/radio. The air is currently crowded with waves. Interference is a big issue. This leads to strict regulations especially because radio waves doesnt stop at national boarders. With laser you got a point to point communication without losing data or risk of interference. Additionally its not possible to spy on your data.
Mynaric has a long background in developing the required laser terminals. I see Mynaric as a solid bet in NewSpace and also as a takeover candidate for the larger players.
I believe if the startup succeeds and achieve larger orders that it can become a unicorn company over the next years.
"Funding comes from lead investor of a satellite constellation that plans to employ Mynaric’s products"
Mynaric also hired former SpaceX Starlink exec Bulent Altan
Also spacex launched another 60 satellites. The race for the first constellation is between SpaceX and OneWeb.
So we can expect dips to get bought. Still this is a very slow longterm play, people buying here and expecting quick profits might get disappointed when it takes too long.