Rocket Lab Completes Mynaric Acquisition, Adding Laser Optical Communications To Growing Space Systems Portfolio
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Rocket Lab has completed the acquisition of Mynaric, a leading provider of laser optical communications terminals. The acquisition strengthens Rocket Lab's capabilities as a leading launch provider and supplier of satellite components, enabling the company to scale Mynaric production capacity and meet growing customer demand.
Rocket Lab has acquired Mynaric, a German-based company specializing in laser optical communications terminals. The acquisition is valued at $155.3 million, consisting of a cash payment and shares of Rocket Lab's common stock. Mynaric will continue to be headquartered in Munich, Germany, establishing Rocket Lab's first European footprint. The company plans to scale Mynaric production capacity to meet the demands of commercial and government satellite customers. This move strengthens Rocket Lab's position as a leading launch provider and supplier of satellite components. The acquisition was driven by Rocket Lab's insight into Mynaric's team and technology, gained through their collaboration on a $1.3 billion contract with the Space Development Agency.
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