Mynaric AG·Technology

Rocket Lab has completed the acquisition of Mynaric AG, a leading provider of laser optical communications terminals for air, space, & mobile applications

The acquisition establishes Rocket Lab's first European footprint and brings laser communications in-house, a critical step in its evolution from launch provider to fully integrated space systems company.

Shares of AST SpaceMobile (NASDAQ:ASTS) and Rocket Lab USA (NASDAQ:RKLB | RKLB Price Prediction) are each down 6% in early trading this Thursday morning, extending a rough week for both space names.

Rocket Lab has received regulatory approval to acquire Mynaric, a leading provider of laser optical communications terminals for air, space, and mobile.
Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, aircraft, and the ground. The company was incorporated in 2009 and is headquartered in Gilching, Germany.
Technology
Communication Equipment
314
2021-11-12
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