Rocket Lab completes its $155.3 million acquisition of Mynaric
90 FOMORocket Lab completed its acquisition of Mynaric following German regulatory approval. The transaction gives Rocket Lab ownership of Mynaric's laser communications terminal technology and manufacturing capabilities. Mynaric had already supplied CONDOR Mk3 terminals for Rocket Lab's Space Development Agency satellite contracts. Rocket Lab intends to expand production capacity to address demand from commercial and government satellite constellation operators.
Why it matters
The acquisition vertically integrates a strategically important optical communications supplier into a major spacecraft manufacturer. Mynaric's production scaling and integration into Rocket Lab's supply chain will be important indicators of the deal's long-term value.
The numbers
Money
Rocket Lab paid an aggregate consideration value of $155.3 million consisting of a nominal cash payment and 2,277,002 shares of Rocket Lab's Common Stock.
SourceSpecs & figures
Details
Funding
- Round
- acquisition
- Lead investor
- Rocket Lab
- Investors
- Rocket Lab
Coverage
-
Rocket Lab ·
Rocket Lab Completes Mynaric Acquisition, Adding Laser Optical Communications To Growing Space Systems PortfolioRocket Lab completed its acquisition of Mynaric AG, adding the German manufacturer's optical communications terminals to its space systems portfolio. The transaction had an aggregate consideration value of $155.3 million, comprising nominal cash consideration and 2,277,002 Rocket Lab common shares. Mynaric will remain headquartered in Munich, providing Rocket Lab with its first European footprint.
AI-assisted summary of 1 report; numbers link to their source. Spot an error? Tell us.
More from Mynaric
- Mynaric · Other 37
Capella prepares to test Mynaric optical communications terminal aboard Acadia-10
- Mynaric · Regulatory 49
Germany approves Rocket Lab's acquisition of Mynaric
- Mynaric · Contract 49
Mynaric wins ESA HydRON optical communications demonstration project
- Mynaric · Milestone 78
Mynaric demonstrates bidirectional quantum key distribution using CONDOR Mk3
Related moments
- EnduroSat · Milestone 27
EnduroSat showcases industrialized ESPA-class production line capable of building two satellites daily
- Satlantis · Milestone 49
Satlantis opens expanded Astrabudua satellite manufacturing facility
- Phantom Space · Other 60
Phantom Space acquires Thermal Management Technologies for Phantom Cloud
- Phantom Space · Other 78
Phantom Space acquires Vector Launch assets and intellectual property
- GomSpace · Milestone 15
GomSpace sets SEK 1.6 billion revenue target for 2030
- GomSpace · Publication 15
GomSpace reports Q3 revenue growth and higher order intake
Veenie.Space Telemetry
Rocket Lab completed its acquisition of Mynaric following German regulatory approval. The transactio