Rocket Lab has finalized the acquisition of all issued and outstanding ordinary shares of Mynaric AG. The transaction was executed through a wholly-owned subsidiary, Rocket Lab USA, Inc., involving sellers OC III LVS LIII LP and CO Finance II LVS I LLC.

The total consideration for the acquisition amounted to $155.3 million, comprising a nominal cash payment and 2,277,002 shares of Rocket Lab common stock (with 109,943 shares held in an indemnity escrow). The purchase price was structured around a $75 million base price plus adjustments for prior investments made by the sellers, effectively removing the sellers' eligibility for further earnout payments subject to post-closing adjustments.

The acquisition of Mynaric AG represents a significant expansion of Rocket Lab's capabilities, likely focusing on optical communications or related space technology. Financially, the deal involves a mix of cash and equity, resulting in the issuance of over 2.2 million new shares, which will cause minor dilution to existing shareholders. Strategically, this moves Rocket Lab further into the space infrastructure and communications hardware vertical, strengthening its position as an end-to-end space company.