Rocket Lab Clears Regulatory Hurdle for Mynaric's Laser Satellite Tech Buyout
Rocket Lab USA has received regulatory approval for its planned acquisition of Mynaric AG, a German firm specialising in laser-based satellite communication. The deal, cleared by Germany's Federal Ministry for Economic Affairs and Energy, marks a major step in expanding Rocket Lab's European presence. Shares of the company rose sharply following the announcement, reflecting investor confidence in the move. The acquisition, set for completion in April 2026, will give Rocket Lab control over Mynaric's optical inter-satellite link (OISL) technology. These laser systems allow satellites to transmit data directly to one another in space, a capability increasingly in demand for military and commercial applications.
The transaction also secures Rocket Lab's supply chain for roughly $1.3 billion in contracts tied to the U.S. Space Development Agency. Beyond this, the company recently landed a separate $190 million agreement with the U.S. Department of Defense for 20 hypersonic flight tests, further boosting its defence portfolio. Analysts have responded positively to the developments. Stifel's Erik Rasmussen maintained a Buy rating on Rocket Lab, keeping a $90 price target. The company's market value has more than doubled since the Mynaric deal was first announced in March 2024, climbing from $2.1 billion to around $4.8 billion by March 2026. On March 31, shares jumped 5.4% in pre-market trading. The acquisition strengthens Rocket Lab's position in Europe, opening doors to contracts with the European Space Agency and regional military programmes.
With regulatory approval now in place, Rocket Lab is on track to finalise the Mynaric purchase by April 2026. The deal expands its technological capabilities and market reach, while recent defence contracts add to its growing backlog. The company's rising valuation and share price suggest strong investor confidence in its long-term strategy.
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