Rocket Lab buys laser communications company Mynaric
Posted: Sun, Mar 16, 2025, 3:17 PM ET (1917 GMT)
Rocket Lab is buying German optical communications terminal supplier Mynaric after that company went into restructuring. Rocket Lab said it will buy a majority stake in Mynaric for $75 million in either cash or stock, with an additional $75 million tied to revenue targets. The deal is contingent on Mynaric, which entered restructuring last month following production delays and supply chain issues, completing that restructuring process. The deal would give Rocket Lab a foothold in Europe to chase growth opportunities in the region while further vertically integrate the company. Mynaric is already a supplier to Rocket Lab, providing optical terminals for the satellites Rocket Lab is building for the Space Development Agency.
Rocket Lab is buying German optical communications terminal supplier Mynaric after that company went into restructuring. Rocket Lab said it will buy a majority stake in Mynaric for $75 million in either cash or stock, with an additional $75 million tied to revenue targets. The deal is contingent on Mynaric, which entered restructuring last month following production delays and supply chain issues, completing that restructuring process. The deal would give Rocket Lab a foothold in Europe to chase growth opportunities in the region while further vertically integrate the company. Mynaric is already a supplier to Rocket Lab, providing optical terminals for the satellites Rocket Lab is building for the Space Development Agency.
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