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Mynaric AG

mynaric.com

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2023 20-F, filed May 17, 2024. Its latest SEC filing is a 15-12G from Sep 9, 2025.

The sections below describe the company as of the FY2023 annual report.

What Did They Do?

Sells laser communication terminals for aerospace networks to satellite and aircraft manufacturers, system operators, and government and commercial customers.

Who Were Their Customers?

It sells to aerospace system primes and, in some cases, system operators, pursuing direct sales and using distributors for airborne terminals. Buyers include government programs and commercial satellite, aircraft and unmanned-aircraft businesses.

Customers above 10% of revenue, FY2023
of revenue from two customers (65%, 12%)
FY2021: 95% from two customers

Did Revenues Turn Into Profits?

No. It lost EUR 93.5M in .

Net income,
−1735% of revenue
▲ +27% (Loss) vs (−EUR 73.8M, −1669%)

Who Did They Compete With?

Competes with TESAT Spacecom, SA Photonics, Skyloom, Thales Alenia Space, Ball Aerospace, General Atomics, SpaceMicro, SpaceX, and Amazon

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