Mynaric - About the company
Mynaric is an acquired company based in Munich (Germany), founded in 2009 by Markus Knapek, Joachim Horwath and Wolfram Peschko. It operates as a Manufacturer of optical communication terminals for air, space, and mobile applications. Mynaric has raised $2.59M in funding from Auden. The company has 102 active competitors, including 21 funded and 12 that have exited. Its top competitors include companies like Transcelestial, CamGraPhIC and Pilot Photonics.
Company Details
Manufacturer of optical communication terminals for air, space, and mobile applications. The company produces terminals enabling high data rates and secure data transmission. These terminals support wireless terrestrial, mobility, airborne, and space-based applications. The company focuses on advancing laser communication systems.
- Website
- mynaric.com
- Email ID
- *****@mynaric.com
- Phone Number
- +49 **********
- Registered Address
- Dornier Str. 19 82205 Gilching Germany
Key Metrics
Founded Year
2009
Location
Munich, Germany
Stage
Acquired
Total Funding
$2.59M in 5 rounds
Latest Funding Round
Ranked
2nd among 102 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2022
Employee Count
336 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Rocket Lab (Mar 12, 2025)
Legal entities associated with Mynaric
Mynaric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Mynaric AG CIN: HRB232763. , Germany, Active | €10M - €50M (As on Dec 31, 2022) | 213 (As on Dec 31, 2021) |
Mynaric's acquisition details
Mynaric got acquired by Rocket Lab on Mar 12, 2025.
Click here to take a look at Mynaric's acquisition in detail
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Mynaric's funding and investors
Mynaric has raised a total funding of $2.59M over 5 rounds. Its first funding round was on Feb 06, 2017. Its latest funding round was a Grant (prize money) round on Dec 01, 2022 for $*****. 1 investor participated in its latest round. Mynaric has 6 institutional investors.
Here is the list of recent funding rounds of Mynaric:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 01, 2022 | 4626383 | Grant (prize money) | 1709105 | 4465168 | 5768413 | 6159719 |
Jul 05, 2022 | 6933244 | Post IPO | 3681127 | 7262230 | 6554384 | |
Dec 14, 2021 | 2838864 | Grant (prize money) | 4544137 | 7890142 | 9339612 |
View details of Mynaric's funding rounds and investors
Mynaric's founders and board of directors
Founder? Claim ProfileThe founders of Mynaric are Markus Knapek, Joachim Horwath and Wolfram Peschko. Markus Knapek is the CEO of Mynaric.
Here are the details of Mynaric's key team members:
- Markus Knapek: Co-Founder & CEO of Mynaric.
- Joachim Horwath: Co-Founder & CTO of Mynaric. Contact Info: 1 email address
- Wolfram Peschko: Co-Founder & Chairman of Mynaric.
View details of Mynaric's Founder profiles and Board Members
Mynaric's employee count trend
Mynaric has 336 employees as of Jun 26. Here is Mynaric's employee count trend over the years:
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Mynaric's Competitors and alternates
Top competitors of Mynaric include Transcelestial, CamGraPhIC and Pilot Photonics. Here is the list of Top 10 competitors of Mynaric, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Transcelestial 2016, Singapore (Singapore), Series B | Developer of wireless communication infrastructure using nanosatellites | $34.7M | 65/100 | |
2nd | Manufacturer of optical communication terminals for air, space, and mobile applications | $2.59M | 64/100 | ||
3rd | CamGraPhIC 2018, Cambridge (United Kingdom), Series A | Developer of graphene-based photonic circuits | $31.5M | 56/100 | |
4th | Pilot Photonics 2011, Dublin (Ireland), Seed | Provider of optical networking transmission solutions and diode lasers | $4.84M | 55/100 | |
5th | ATLAS Space 2015, Traverse City (United States), Acquired | Provider of cloud-based software solutions for space mission management | $46M | 54/100 | |
6th | Provider of optical inter satellite data relay services | $9M | 53/100 | ||
7th | ZhongJi InnoLight 1987, Huangpu (China), Public | Manufacturer of optical communication devices | - | 52/100 | |
8th | Laser Link 2018, Yangpu (China), Series C | Provider of laser communication solutions and related optical and mechanical products | $72M | 49/100 | |
9th | Developer of space-based optical and quantum communication networks | $3.3M | 49/100 | ||
10th | Astrogate Labs 2017, Bengaluru (India), Seed | Developer of laser communication solutions for space to ground and space to space links | $2.23M | 48/100 |
Looking for more details on Mynaric's competitors? Click here to see the top ones
Mynaric's Investments and acquisitions
Mynaric has a total of 1 investment in Reflex Aerospace. Mynaric has not made any acquisitions as of now.Reports related to Mynaric
Here is the latest report on Mynaric's sector:
News related to Mynaric
Media has covered Mynaric for a total of 9 events in the last 1 year, 2 of them have been about company updates.
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Rocket Lab Acquires Mynaric to Expand Space Systems PortfolioGlobeNewswire•Apr 15, 2026•Mynaric, Rocket Lab, Chicago Partners
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Rocket Lab Receives Regulatory Approval to Acquire MynaricGlobeNewswire•Mar 30, 2026•Rocket Lab, Mynaric
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Rocket Lab Corporation (Nasdaq: RKLB) strengthens vertical integration in space optics with Tucson acquisitionBusiness News Today•Feb 27, 2026•Rocket Lab, Optical Support, Mynaric
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Rocket Lab's Acquisition of Mynaric Faces Sovereignty TestSpaceNews•Nov 02, 2025•Mynaric, Rocket Lab
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Candlewood Partners Advises Mynaric AG on its RestructuringBusiness Wire•Jun 26, 2025•Candlewood Partners, Mynaric
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Mynaric Announces Approval of Restructuring Plan and Confirmation by Restructuring CourtWebDisclosure•May 29, 2025•Mynaric
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