# Mynaric

**Source:** https://www.startuphub.ai/startups/mynaric
**Profile type:** Startup

> Develops and sells laser communication products for terrestrial, airborne, and space applications.

## About

Mynaric is a German company that designs and manufactures optical communication terminals. These terminals enable high-bandwidth, secure data transmission via laser beams, offering a solution for connectivity challenges in various environments, including space, aviation, and ground-based networks. Their technology aims to provide a more efficient and secure alternative to traditional radio frequency communication.

## Key facts

- **Slug:** mynaric
- **Website:** https://www.mynaric.com/
- **Location:** Munich, Germany
- **Founded:** 2004-01-01
- **Employees:** 333
- **Operating status:** Active
- **Total funding:** $100M
- **Sectors / tags:** SpaceTech, Satellite, Telecom Infrastructure, Aerospace, Advanced Manufacturing & Materials, Optical Communication, Laser Communication
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/mynaric
  - Twitter: https://twitter.com/icons_8
  - GitHub: https://github.com/twbs
  - Facebook: https://www.facebook.com/Icons8

## Frequently asked

### What does Mynaric do?

Mynaric is a German company that designs and manufactures optical communication terminals. These terminals enable high-bandwidth, secure data transmission via laser beams, offering a solution for connectivity challenges in various environments, including space, aviation, and ground-based networks. Their technology aims to provide a more efficient and secure alternative to traditional radio frequency communication.

### What is Mynaric's revenue?

StartupHub estimates Mynaric's annual revenue at $140.9M (range $88.6M to $244.1M, 71% confidence), based on comparable companies in the sector.

### What is Mynaric's valuation?

StartupHub estimates Mynaric's effective valuation at $400.0M (range $250.0M to $600.0M, 11% confidence), based on comparable companies in the sector.

### How much funding has Mynaric raised?

Mynaric has raised a total of $100M in funding. The most recent round on record is IPO.

### Where is Mynaric headquartered?

Mynaric is headquartered in Munich, Germany.

### When was Mynaric founded?

Mynaric was founded in 2004.

### What industry does Mynaric operate in?

Mynaric operates in SpaceTech, Satellite, Telecom Infrastructure, Aerospace, Advanced Manufacturing & Materials, Optical Communication.

### How many employees does Mynaric have?

Mynaric has approximately 333 people on record.

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