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
*********
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-speed, secure systems for space connectivity applications.
Compact, license-free solutions for aviation data transmission.
Reliable tools for ground-based secure communications.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $71,324
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First Round
First Round
(06 Feb 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Mynaric | Valuation |
investors |
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| Jul, 2022 | Amount | Post-IPO - Mynaric | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - Mynaric | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Manufacturer of C6ISR system
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mynaric
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mynaric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mynaric Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Optical communication systems for space applications are manufactured.
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| domain | founded_year | HQ Location |
Software-enabled satellites are manufactured for secure space communications.
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| domain | founded_year | HQ Location |
Wireless communication infrastructure is developed using nanosatellites.
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| domain | founded_year | HQ Location |
High-tech components, systems, and scientific instrumentation are provided across sectors.
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| domain | founded_year | HQ Location |
Provider of optical networking transmission solutions and diode lasers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mynaric
Frequently Asked Questions about Mynaric
When was Mynaric founded?
Mynaric was founded in 2009 and raised its 1st funding round 8 years after it was founded.
Where is Mynaric located?
Mynaric is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of Mynaric?
Markus Knapek is the current CEO of Mynaric. They have also founded this company.
Is Mynaric a funded company?
Mynaric is a funded company, having raised a total of $2.59M across 5 funding rounds to date.
How many employees does Mynaric have?
As of Dec 31, 2021, the latest employee count at Mynaric is 213.
What is the annual revenue of Mynaric?
Annual revenue of Mynaric is $13.1M as on Dec 31, 2022.
What does Mynaric do?
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.
Who are the top competitors of Mynaric?
Mynaric's top competitors include Transcelestial, ReOrbit and Astrogate Labs.
What products or services does Mynaric offer?
Mynaric offers Laser Communication for Space, Laser Communication for Aviation, and Laser Communication for Ground.
Who are Mynaric's investors?
Mynaric has 4 investors. Key investors include Rocket Lab, L3Harris, European Union, and Auden.