About Mynaric
Mynaric is a company based in Munchen (Germany) founded in 2009 by Markus Knapek, Joachim Horwath, and Wolfram Peschko was acquired by Rocket Lab in March 2025. Mynaric has raised $2.59 million across 5 funding rounds from investors including Rocket Lab, L3Harris and European Union. The company has 213 employees as of December 31, 2021. Mynaric offers products and services including Laser Communication for Space, Laser Communication for Aviation, and Laser Communication for Ground. Mynaric operates in a competitive market with competitors including Astrogate Labs, ReOrbit, Transcelestial, Milexia and Pilot Photonics, among others.
- Headquarter Munchen, Germany
- Employees 213 as on 31 Dec, 2021
- Founders Markus Knapek, Joachim Horwath, Wolfram Peschko
- Stage Public
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Sectors
Aerospace, Defense & MaritimeTechnology Telecommunications
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Email
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Phone
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Website
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Social
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- Legal Name Mynaric Ag
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Annual Revenue
$13.1 M (USD)29as on Dec 31, 2022
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Net Profit
-$10.45 M (USD)25as on Dec 31, 2022
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EBITDA
-$10.45 M (USD)25as on Dec 31, 2022
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Total Equity Funding
$2.59 M (USD)
in 5 rounds
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Latest Funding Round
$71.32 K (USD), Grant
Dec 01, 2022
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Investors
Rocket Lab
& 3 more
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Employee Count
213
as on Dec 31, 2021
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Acquired by
Rocket Lab
(Mar 12, 2025)
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Products & Services of Mynaric
Mynaric offers a comprehensive portfolio of products and services, including Laser Communication for Space, Laser Communication for Aviation, and Laser Communication for Ground.
High-speed, secure systems for space connectivity applications.
Compact, license-free solutions for aviation data transmission.
Reliable tools for ground-based secure communications.
People of Mynaric
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Funding Insights of Mynaric
Mynaric has successfully raised a total of $2.59M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $71.32 thousand completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Mynaric
Mynaric has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Rocket Lab, L3Harris and European Union.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Manufacturer of C6ISR system
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Investor details for Mynaric
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Investments & Acquisitions by Mynaric
Investment portfolio details for Mynaric
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Financial Statements - Mynaric
Detailed financials for Mynaric
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Mynaric Comparisons
Peer comparison for Mynaric
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Competitors of Mynaric
Mynaric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astrogate Labs, ReOrbit, Transcelestial, Milexia and Pilot Photonics, among others.
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Optical communication systems for space applications are manufactured.
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Software-enabled satellites are manufactured for secure space communications.
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Wireless communication infrastructure is developed using nanosatellites.
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High-tech components, systems, and scientific instrumentation are provided across sectors.
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Provider of optical networking transmission solutions and diode lasers
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Detailed competitors of Mynaric
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Latest news on Mynaric
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Frequently Asked Questions about Mynaric
Mynaric was founded in 2009 and raised its 1st funding round 8 years after it was founded.
Mynaric is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Markus Knapek is the current CEO of Mynaric. They have also founded this company.
Mynaric is a funded company, having raised a total of $2.59M across 5 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Mynaric is 213.
Annual revenue of Mynaric is $13.1M as on Dec 31, 2022.
Mynaric was established in 2009 in Munich, Germany, focusing on satellite communication systems. Optical wireless and laser solutions are provided for high-rate, long-distance data transmission. Applications encompass high-altitude networks, drones, airborne vehicles, satellite-to-satellite connections, and low-earth orbit backhaul services. Operations center on engineering these systems for space and aerial sectors. Co-founders include Markus Knapek as CEO, Joachim Horwath as CTO, and Wolfram Peschko as Chairman.
Mynaric's top competitors include Transcelestial, ReOrbit and Astrogate Labs.
Mynaric offers Laser Communication for Space, Laser Communication for Aviation, and Laser Communication for Ground.
Mynaric has 4 investors. Key investors include Rocket Lab, L3Harris, European Union, and Auden.