mynth
04/2026

MYNARIC acquired by ROCKET LAB CORPORATION

GERMANY Aerospace, Naval & Defense / Electronics REV 1m EUR - 100m EUR

Context

Rocket Lab has finalized the acquisition of a 100% stake in Mynaric AG, a move that significantly strengthens its position in the integrated space systems market. This strategic transaction represents the group’s first major industrial footprint in Europe, with the target maintaining its operational headquarters in Munich. The strategic rationale for the acquisition centers on the vertical integration of high-speed optical communication technology, which is increasingly becoming a critical bottleneck in the deployment of large-scale satellite constellations. By absorbing this specialized technical capability, the group secures its supply chain for ongoing billion-dollar contracts with governmental agencies and commercial operators. The partnership is designed to apply the group's proven industrialization methodologies to the target’s manufacturing processes, transitioning from artisanal production to high-volume output. Furthermore, the integration allows for the seamless inclusion of laser terminals into the group's existing satellite bus platforms, providing a competitive end-to-end solution for secure, high-bandwidth data transmission in orbit. This transaction consolidates the group’s vision of becoming a primary provider of entire orbital ecosystems.

MYNARIC, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Mynaric is a specialized technology organization dedicated to the development and manufacturing of advanced laser communication terminals for aerial, space, and mobile applications. The entity’s business model is centered on replacing traditional radio-frequency systems with optical wireless links, which offer significantly higher data transmission rates and enhanced security for global networks. Its value proposition lies in the production of high-performance hardware, such as the CONDOR and HAWK series, designed to create high-speed backbones for satellite constellations in Low Earth Orbit (LEO). Strategically, the firm focuses on the industrialization of laser communication, aiming to scale manufacturing processes to meet the demands of large-scale commercial and government projects. By providing critical connectivity components, the organization serves as a key enabler for secure, high-capacity global communication infrastructure.

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Historical Financials (EUR)

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2026
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REFERENCES

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: rocket lab corporation