The US-listed company, Rocket Lab, confirmed it has completed the deal for a total consideration of approximately $155.3 million. The transaction includes a nominal cash component and more than 2.2 million shares of Rocket Lab common stock.
The acquisition brings Mynaric’s advanced laser optical communications technology – used across air, space and mobile platforms – into Rocket Lab’s broader ecosystem of launch services, spacecraft manufacturing and satellite component production.
Rocket Lab founder and chief executive Sir Peter Beck said the move addresses a longstanding bottleneck in the satellite industry.
“Laser communications are critical for modern satellite constellations but supply has struggled to keep pace with demand,” he said. “High-performance, cost-effective systems simply haven’t been available at scale. That changes with Mynaric now part of Rocket Lab.”
The company plans to rapidly scale Mynaric’s production capacity, aiming to deliver high-volume, high-speed laser communication terminals to both commercial and government customers across Europe, the United States and other global markets.
The deal received regulatory approval from Germany’s Federal Ministry for Economic Affairs and Energy, allowing Mynaric to continue operating from its headquarters in Munich. The acquisition also establishes Rocket Lab’s first operational footprint in Europe, strengthening its ability to support German and broader European space programs.
Rocket Lab’s decision to acquire Mynaric was underpinned by an existing working relationship between the two companies. Mynaric has been supplying its Condor Mk3 optical communication terminals for Rocket Lab’s $1.3 billion contract to build 36 satellites for the Space Development Agency under its Proliferated Warfighter Space Architecture program.
That collaboration provided Rocket Lab with detailed insight into Mynaric’s technology and team, as well as confidence in its ability to scale production to meet surging demand.
Mynaric also supplies equipment to other Space Development Agency programs, with both companies sharing a broad customer base that includes commercial satellite operators, prime contractors and defence and government agencies.
The acquisition positions Rocket Lab to play a larger role in enabling next-generation satellite constellations, where high-speed, secure laser communications are increasingly seen as mission-critical infrastructure.
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