KNL Networks
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KNL Networks - overview
Established
2011
Location
Oulu, -, Finland
Primary Industry
Telecoms
About
KNL Networks specializes in advanced radio communication systems, focusing on high-frequency digital transceivers that provide secure, long-range connectivity, primarily serving military and government sectors. Founded in 2011 in Oulu, Finland, KNL Networks operates in the radio communication systems sector, offering advanced solutions for high-frequency operations. The firm has raised a total of USD 10. 00 mn in funding through its Series A round in October 2016, led by Creandum with participation from Butterfly Ventures and Inventure.
The company is led by CEO Toni Lindén, with founder Teemu Vanninen having a background in developing technology for secure communications. KNL Networks Oy specializes in advanced radio communication systems, focusing on their flagship product, the CNHF series, which encompasses fully digital transceivers designed for high-frequency (HF) operations. These software-defined radios provide GNSS-independent, long-range connectivity with robust performance, adapting to various operational environments, including military and security sectors. The CNHF radios feature capabilities such as spectrum estimation and autonomous operation optimization, ensuring reliable communication across distances ranging from several kilometers to thousands of kilometers.
The firm's client base includes government agencies and defense organizations looking for secure communication solutions. KNL's products are marketed globally, emphasizing their utility in regions that require resilient and adaptable communication infrastructures, regardless of geographical constraints. In the most recent fiscal year of 2023, KNL Networks Oy reported revenue of USD 3,612,066, with an EBITDA of USD -1,164,230. 9, indicating its financial performance amid ongoing operational investments in their product lines and market reach.
KNL Networks aims to design and launch new products that enhance their transceiver capabilities, although specific release dates have not been disclosed. The firm is targeting expansion into new markets, particularly in Europe and North America, by the end of 2024. The recent Series A funding of USD 10. 00 mn will be allocated to support product development and facilitate entry into these new geographic regions.
Current Investors
Inventure, Creandum, Butterfly Ventures
Primary Industry
Telecoms
Sub Industries
Connectivity Software, Cable Service Providers, Internet Service Providers
Website
www.kyynel.net
Company Stage
Series A
Total Amount Raised
Subscriber access only
KNL Networks - timeline of key events
KNL Networks - financials
| Fiscal Year Ended | May 31, 2012 | May 31, 2013 | May 31, 2014 | May 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 30,850 | 95,000 | 319,000 | 270,746.9 | 567,208 | 265,717.4 | 1,832,032.9 | 623,623.5 | 1,696,483.9 | 1,260,415.7 | - | - | - |
| % Revenue Growth (YoY) | - | 207.9% | 235.8% | (15.1%) | - | - | 589.5% | (66.0%) | 172.0% | (25.7%) | - | - | - |
| EBITDA (USD) | 2,801.5 | 20,182.9 | 97,278 | (162,954.2) | 1,795,785.7 | (1,882,979.5) | (2,215,372.2) | (2,339,258.6) | (585,477.4) | (1,525,475.9) | - | - | - |
| Operating Income (USD) | (55,729) | (134,068.1) | (191,451.8) | (753,118.9) | 1,460,665.5 | (2,253,689.8) | (2,907,305) | (3,119,179.9) | (1,340,664.3) | (2,343,285.3) | - | - | - |
| Operating Margin | (180.6%) | (141.1%) | (60.0%) | (278.2%) | 257.5% | (848.2%) | (158.7%) | (500.2%) | (79.0%) | (185.9%) | - | - | - |
| % EBITDA Margin | 9.1% | 21.2% | 30.5% | (60.2%) | 316.6% | (708.6%) | (120.9%) | (375.1%) | (34.5%) | (121.0%) | - | - | - |
| NET Income (USD) | (56,422.6) | (136,900) | (198,163) | (762,682.5) | (1,764,520.7) | (2,299,149.1) | (3,032,409.4) | (3,520,211.3) | (1,434,997.4) | 2,158,176.8 | - | - | - |
| % Net Margin | (182.9%) | (144.1%) | (62.1%) | (281.7%) | (311.1%) | (865.3%) | (165.5%) | (564.5%) | (84.6%) | 171.2% | - | - | - |
KNL Networks - employee data
KNL Networks - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board | BM | ||||||
| Board Member | BM |
BM Board Member
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