The cold-neutron three-axis spectrometer MIRA is an instrument optimized for low-energy excitations. Its excellent intrinsic $Q$-resolution makes it ideal for studying incommensurate magnetic systems (elastic and inelastic). MIRA is at the forefront of using advanced neutron focusing optics such as elliptic guides, which enable the investigation of small samples under extreme conditions. Another advantage of MIRA is the modular assembly allowing for instrumental adaption to the needs of the experiment within a few hours. The development of new methods such as the spin-echo technique MIEZE is another important application at MIRA. Scientific topics include the investigation of complex inter-metallic alloys and spectroscopy on incommensurate magnetic structures.