Rocket Lab shares are rallying after the company announced it has received a key regulatory approval from Germany for its acquisition of Mynaric AG, a specialist in laser communication technology.
- The approval was a critical milestone for the deal, which is now expected to close in April 2026.
- The acquisition is considered a strategic move that will bring critical laser communications technology in-house, strengthen Rocket Lab's position as a full-service space company, and establish its first European footprint.
- Analysts reacted positively, with Stifel reiterating a Buy rating and a $90 price target, noting the deal helps Rocket Lab expand its support for the German and European space industries.