:

Business/Financial

Rocket Lab Gets German Approval To Acquire Mynaric

By Cal Biesecker

Tuesday, March 31st, 2026

SHARE:

Rocket Lab Gets German Approval To Acquire Mynaric

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 Monday said it has received regulatory approval to complete its acquisition of Germany-based laser optical communications terminal (OCTs) supplier Mynaric AG, clearing the way for the $75 million dollar deal to close in April. Rocket Lab last March announced its agreement to acquire Mynaric, which had been struggling financially due to challenges associated with the computer chips in its OCTs (Defense Daily, March 12, 2025). Once the company was able to solve the chip supplier challenges…

Senators Push Navy Against Single Destroyer Request In FY ’27

The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]