Mynaric
Builds wireless laser communication systems needed for aerospace communication networks such as satellite constellations.
Launch date
Employees
Market cap
AUD29.9m
Enterprise valuation
AUD229m (Public information from Sep 2024)
Share price
€4.89 M0Y.F
Gilching Bavaria (HQ)
- hard tech
- horizon europe
- space tech
- spinout
- esa
- esa sme
- telecommunications
- space upstream
- esa bic
- space downstream
- aerospace
- european defence fund
- space vehicles components and payloads
- laser technology
- space exploration
- space dt
- space tech for agriculture and food
- space tech for energy
- space tech for mobility
- space tech for aviation
- space tech for smart cities
- materials for space
- communication hardware
- space utilities
Financials
Estimates*
| EUR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.0m | 2.0m | 4.0m | 5.4m | 16.8m | 73.6m | 145m |
| % growth | (88 %) | 100 % | 100 % | 35 % | 211 % | 339 % | 97 % |
| EBITDA | (20.0m) | (38.0m) | (66.0m) | (67.5m) | (46.7m) | (20.1m) | (8.9m) |
| % EBITDA margin | (2000 %) | (1900 %) | (1650 %) | (1253 %) | (279 %) | (27 %) | (6 %) |
| Profit | (23.0m) | (45.0m) | (74.0m) | (93.5m) | (70.7m) | (46.2m) | - |
| % profit margin | (2300 %) | (2250 %) | (1850 %) | (1735 %) | (422 %) | (63 %) | - |
| EV / revenue | 198.6x | 102.0x | 22.6x | 32.6x | 8.3x | 2.5x | 1.4x |
| EV / EBITDA | -9.9x | -5.4x | -1.4x | -2.6x | -3.0x | -8.9x | -22.5x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Spinout | ||
N/A | Support Program | ||
| N/A | N/A | Seed | |
€490k | Grant | ||
* |
| €3.0m Valuation: €30.0m | Early VC |
* | N/A | €27.3m Valuation: €146m | IPO |
N/A | Grant | ||
* | N/A | €11.0m | Post IPO Equity |
| N/A | €12.3m | Post IPO Equity | |
| N/A | $60.3m | Post IPO Equity | |
$75.9m | Post IPO Equity | ||
* | N/A | €68.2m | Post IPO Debt |
* | N/A | €12.4m | Post IPO Equity |
* | N/A | $75.0m | Post IPO Debt |
| Total Funding | AUD5.9m | ||
Recent News about Mynaric
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.