Mynaric engages in developing and manufacturing industrialized laser communication products for long-distance, high data rate, secure and spectrum-free wireless data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based communications networks.
Mynaric was seeking financing to support its near and mid-term business plan and repayment of existing debt. The company needed a financing package that would be attractive to both existing and new investors while also providing flexibility for future growth opportunities.
Candlewood Partners served as financial advisor to Mynaric, providing comprehensive advisory services that included deal structuring, financial modeling, due diligence and negotiation support. Candlewood’s expertise in the Aerospace & Defense sector and extensive experience in debt and equity financing made it the perfect partner for Mynaric. With the new funding, Mynaric is well-positioned to capitalize on the growing demand for its technology and expand its market share. The successful deal closing is a testament to Candlewood’s unwavering commitment to delivering exceptional results for its clients.