Rocket Lab to acquire controlling stake in Mynaric
Rocket Lab will acquire a majority stake in Mynaric for an initial $75m, payable in cash or shares, with an additional $75m tied to revenue targets.
Rocket Lab will acquire a majority stake in Mynaric for an initial $75m, payable in cash or shares, with an additional $75m tied to revenue targets.
Northrop Grumman has selected Mynaric as a strategic supplier for laser communications, and Innoflight for encryption and other aspects of Northrop Grummans architecture.