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SpaceX’s strategic moves introduce new competitive pressures on mid-tier space companies such as Rocket Lab.
Rocket Lab has rescheduled its launch attempt for Open Cosmos due to strong winds and incoming bad weather.
Rocket Lab finalized its acquisition of German laser communications manufacturer Mynaric in September 2025 for up to $150 million.
Rocket Lab paid a substantial premium to vertically integrate Mynaric in order to mitigate supplier capacity risk rather than queue for external supply.
The Rocket Lab acquisition converted a supplier execution risk for critical optical terminals into an internal integration challenge for Rocket Lab.
Rocket Lab acquired Mynaric’s technology leadership, a 300-person engineering team in Munich, and manufacturing infrastructure for roughly one-quarter of Mynaric’s previous enterprise valuation, which was estimated around $300 million before financial distress.
Mynaric supplied CONDOR Mk3 optical terminals for Rocket Lab’s $515 million Space Development Agency Transport Layer contract.
Rocket Lab committed $75 million upfront, payable in cash or stock at its discretion, plus a $75 million earnout tied to Mynaric’s revenue performance between 2025 and 2027.
Rocket Lab’s broader Space Development Agency portfolio totaled $1.3 billion and included an $816 million Tracking Layer award announced in December 2025.
The new launch date for the Rocket Lab mission will be later in the week, pending weather conditions.
Rocket Lab reported a rupture during qualification testing of the Stage 1 tank for its Neutron rocket.
Rocket Lab's Electron launch occurred at Launch Complex 1 in New Zealand at 11:52 p.m. local time.
Rocket Lab's mission with Open Cosmos was named 'The Cosmos Will See You Now'.
The launch of Open Cosmos's spacecraft verified new capabilities and utilized Rocket Lab's Electron rocket.
Rocket Lab successfully launched two spacecraft for Open Cosmos on January 22, 2026.
Rocket Lab's 80th Electron launch deployed two small satellites into a low Earth orbit of approximately 652 miles.
Rocket Lab selected CesiumAstro to provide the communication payloads for the Tranche 2 Transport Layer satellites.
The launch of the two satellites is scheduled for the first quarter of this year with launch services provider Rocket Lab.
Rocket Lab is conducting neutron testing at its Space Structures Complex in Middle River.
CesiumAstro is a supplier to Rocket Lab for its Space Development Agency contract.