Mynaric is a manufacturer specializing in laser communication technology for aerospace applications. They produce optical communications terminals designed for high-speed, secure, and long-distance wireless data transmission between satellites, aircraft, drones, and other mobile platforms. Mynaric's products are used in various government and commercial space programs, including contracts with the U.S. Space Development Agency (SDA), the European Space Agency (ESA) and DARPA. Rocket Lab announced plans to acquire Mynaric in March 2025, aiming to scale production of these terminals for its own constellations and other customers.
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Mynaric’s Condor Mk3 optical terminals are used for laser mesh networks in military constellations.
The German Federal Ministry for Economic Affairs and Climate Action granted FDI approval on March 30, 2026 for Rocket Lab to complete its acquisition of Mynaric AG.
Rocket Lab has received regulatory approval in Germany to acquire Mynaric.
Rocket Lab’s acquisition of Mynaric AG is valued at approximately $150 million.
Rheinmetall withdrew its competing bid for Mynaric in mid-March 2026.
Rocket Lab will keep Mynaric’s headquarters in Munich and retain its existing workforce.
Germany’s Federal Ministry for Economic Affairs and Energy approved Rocket Lab’s acquisition of Mynaric.
Rocket Lab is establishing Rocket Lab Europe through the Mynaric acquisition.
Rocket Lab plans to invest in Mynaric’s Munich facility and expand local research and development.
Mynaric develops laser communication systems for space and aviation applications.
Rocket Lab expects the acquisition of Mynaric to close in April 2026.
The formal closing of Rocket Lab’s acquisition of Mynaric AG is scheduled for mid-April 2026.
Rocket Lab intends to apply its high-volume manufacturing processes to scale Mynaric’s output.
Rocket Lab signed a definitive agreement to acquire Mynaric in September 2025.
Over 90% of Mynaric’s order backlog is tied directly or indirectly to the U.S. Department of Defense, including the Space Development Agency’s Tranche 2 Transport Layer.
Mynaric completed StaRUG restructuring proceedings in August 2025.
Rocket Lab planned to inject $75 million immediately into Mynaric with up to $75 million more in earn-out payments.
The German Ministry of Economic Affairs initiated a Foreign Direct Investment review of Rocket Lab’s Mynaric acquisition.
Under U.S. ownership, Mynaric’s Munich operations could become subject to ITAR restrictions and U.S. export control regimes.
ESA awarded Mynaric the HydRON contract on March 5 for a laser communications demonstration for the High Throughput Optical Network.