Rocket Lab to acquire Mynaric for $150m.

Rocket Lab, a company specialised in launch services and space systems, agreed to acquire Mynaric, a provider of laser optical communications terminals for air, space, and mobile applications, for $150m. “We have been very clear about this strategic direction for several years now – Rocket Lab is pursuing every part of the space value chain. We launch our own rockets, we build satellites in constellation volumes, and now we’re closing in on the final step and most valuable part of the space economy – operating our own constellations to provide data and services from space using our newly announced Flatellite spacecraft. Mynaric has paved the way in developing laser technology. Their team and technologies will make a compelling addition to our satellite component portfolio and we look forward to making the technology available at scale for our own constellations and those of our customers,” Peter Beck, Rocket Lab Founder and CEO.