Rocket Lab receives regulatory approval to acquire Mynaric

Rocket Lab (RKLB) announced it has received regulatory approval to acquire Mynaric. The transaction was reviewed and approved by Germany’s Federal Ministry for Economic Affairs and Energy and as a result, Rocket Lab expects the transaction to close in April. “Receiving regulatory approval is an important milestone on the path to acquiring Mynaric. We’re an exciting step closer to expanding our ability to support the German and European space industry at a much greater level,” said Rocket Lab founder and CEO Sir Peter Beck. “Laser communications are a critical enabler for the constellations of today and tomorrow, and Rocket Lab is going to make them available at scale. We look forward to joining forces with the Mynaric team so that we can make optical terminals available at the volume and pace that commercial and government satellite customers demand across Europe and our existing markets.”