Search

Rocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed

Rocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed
A rendering of a side to side comparison between Mynaric's CONDOR Mk2 (left) and CONDOR Mk3 (right) optical communications terminal. Photo: Rocket Lab

Rocket Lab [RKLB] on Tuesday said it closed its acquisition of optical communications terminal (OCT) supplier Mynaric AG for $155.3 million, $5.3 million more than the original deal terms announced in March 2025 (Defense Daily, March 12, 2025). The final transaction price included a “nominal cash payment” and nearly 2.3 million shares of Rocket Lab’s stock. Original terms called for a $75 million upfront payment—in cash or stock—and an additional $75 million based on Mynaric’s financial performance as part of…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]


Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]


Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]


CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]