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Private company

Mynaric

Logo: mynaric.com5

Company manufacturing laser equipment

Mynaric AG is a manufacturer of laser communication equipment for airborne and spaceborne communication networks, so called constellations.3 It was founded by Joachim Horwath, Dirk Giggenbach and Markus Knapek.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

5.4MRevenue, fiscal 20236
-93.5MNet income, fiscal 20236
2009Founded1
  • Industryaerospace industry1
  • HeadquartersMunich1
  • Websitemynaric.com
  • Legal formGesellschaft mit beschränkter Haftung, joint-stock company1
  • Incorporated inGermany7
  • Business addressBertha-Kipfmueller-Strasse 2-8, Munich, 2M 812497
  • Filer categoryNon-accelerated filer, Emerging growth company7
  • LEI8945004QR4AMZMH84X564
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressDornierstr. 19, 82205 Gilching, Germany4
  • Registered withLocal Court München, HRB 2327634

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Mynaric AG is a manufacturer of laser communication equipment for airborne and spaceborne communication networks, so called constellations.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.

Key numbers, fiscal 2023

-1468.7%Operating margin6
-1735.2%Net margin6
21.9%Revenue growth, 20236
-33.8M EURFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Interest97¢16.0M EUR
  • Income tax3¢552.0K EUR

Out of 5.4M EUR in revenue.6 The company lost money this year.

Financial statements

Revenue8965.4M EUR in 2023+4628% since 2019
02.0M EUR4.0M EUR6.0M EUR2019: 114.0K EUR114.0K EUR20192020: 679.0K EUR679.0K EUR2020+496%2021: 2.4M EUR2.4M EUR2021+247%2022: 4.4M EUR4.4M EUR2022+88%2023: 5.4M EUR5.4M EUR2023+22%
Operating income896-79.2M EUR in 2023+686% since 2019
-80.0M EUR-60.0M EUR-40.0M EUR-20.0M EUR02019: -10.1M EUR-10.1M EUR20192020: -19.3M EUR-19.3M EUR2020+91%2021: -42.4M EUR-42.4M EUR2021+120%2022: -73.8M EUR-73.8M EUR2022+74%2023: -79.2M EUR-79.2M EUR2023+7%
Net income896-93.5M EUR in 2023+845% since 2019
-100.0M EUR-75.0M EUR-50.0M EUR-25.0M EUR02019: -9.9M EUR-9.9M EUR20192020: -19.8M EUR-19.8M EUR2020+100%2021: -45.5M EUR-45.5M EUR2021+130%2022: -73.8M EUR-73.8M EUR2022+62%2023: -93.5M EUR-93.5M EUR2023+27%
Fiscal year201820192020202120222023
Revenue114.0K EUR8679.0K EUR92.4M EUR64.4M EUR65.4M EUR6
Operating income-10.1M EUR8-19.3M EUR9-42.4M EUR6-73.8M EUR6-79.2M EUR6
Interest2.1M EUR92.5M EUR916.0M EUR6
Income before tax-43.7M EUR6-73.8M EUR6-94.1M EUR6
Income tax1.8M EUR6-24.0K EUR6-552.0K EUR6
Net income-9.9M EUR8-19.8M EUR9-45.5M EUR6-73.8M EUR6-93.5M EUR6
Earnings per share-6 EUR/shares9-11 EUR/shares6-14 EUR/shares6-15 EUR/shares6
Earnings per share (diluted)-6 EUR/shares9-11 EUR/shares6-14 EUR/shares6-15 EUR/shares6
Shares (weighted, basic)4.3M shares65.4M shares66.0M shares6
Shares (weighted, diluted)4.3M shares65.4M shares66.0M shares6

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Corporate structure

Mynaric sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Mynaric

  • Mynaric Gilching, Germany
    • Mynaric Lasercom GmbH Subsidiary · Germany

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mynaric reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress32.0K EUR9 Dec 31, 2022154.0K EUR9 Dec 31, 2021−79.2%
Property and equipment, net22.9M EUR6 Dec 31, 202322.3M EUR6 Dec 31, 2022+2.8%
Operating-lease assets (leased space)26.2M EUR6 Dec 31, 20238.8M EUR6 Dec 31, 2022+198.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents24.0M EUR6 Dec 31, 202310.2M EUR6 Dec 31, 2022+134.0%
Long-term investments1.2M EUR6 Dec 31, 2023449.0K EUR6 Dec 31, 2022+167.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)13.3M EUR6 Dec 31, 202318.1M EUR6 Dec 31, 2022−26.1%

Inventory

ItemLatestA year beforeChange
Inventory, total22.7M EUR6 Dec 31, 202313.3M EUR6 Dec 31, 2022+70.0%

The story

Founded by Dirk Giggenbach, Joachim Horwath and Markus Knapek in 2009.1

Leadership

Who has led Mynaric, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • laser communication in space

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

  • Mynaric Lasercom GmbH

From Wikidata.1

Timeline

  1. 2009Founded Founded1

Filings

110 filings to the SEC since October 2021: 6 annual reports, 4 large holders, 100 other. The latest 20:

  1. Sep 9, 202515-12G EDGAR
  2. Aug 19, 20256-K EDGAR
  3. Aug 18, 2025SCHEDULE 13D/A EDGAR
  4. Jul 28, 20256-K EDGAR
  5. Jun 5, 20256-K EDGAR
  6. May 28, 20256-K EDGAR
  7. May 12, 20256-K EDGAR
  8. Apr 30, 2025NT 20-F EDGAR
  9. Apr 29, 20256-K EDGAR
  10. Apr 15, 2025S-8 POS EDGAR
  11. Apr 15, 2025S-8 POS EDGAR
  12. Mar 28, 20256-K EDGAR
  13. Mar 10, 20256-K EDGAR
  14. Feb 14, 2025SCHEDULE 13D EDGAR
  15. Feb 13, 20256-K EDGAR
  16. Feb 7, 20256-K EDGAR
  17. Jan 31, 20256-K EDGAR
  18. Jan 29, 20256-K EDGAR
  19. Jan 15, 20256-K EDGAR
  20. Jan 3, 20256-K EDGAR

The 110 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Mynaric is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMynaric AG2
  • CIK0001850453
  • Filer statusNon-accelerated filer<br>emerging growth company2
  • Incorporated inGermany2
  • Fiscal year endsDecember 312
  • Industry code (SIC)4899 Communications Services, NEC2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business addressBertha-Kipfmueller-Strasse 2-8, Munich, 2M 812492
  • Phone49810579991062
  • Shares outstanding6,318,322 as of Dec 31, 20236
  • On EDGAR sinceJun 24, 20212
  • Filings119 in all: 6-K (72), CORRESP (6), UPLOAD (6), 20-F (3), 20-F/A (3), DRSLTR (3), F-1/A (3), NT 20-F (3)2
    All 25 form types

    DRS/A (2), S-8 (2), S-8 POS (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), F-3 (1), RW (1), SC 13D (1), SC 13G (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (20-F) May 17, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websiteMynaric logo
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