Sir Peter Beck’s Rocket Lab has received German regulatory approval to go ahead with its $150 million (€130.1m) acquisition of satellite laser business Mynaric AG. The transaction was reviewed and approved by Germany’s Federal Ministry for Economic Affairs and Energy and as a result, Rocket Lab expects the transaction to close in April. “Receiving regulatory […]

A potential bid for Mynaric, a Germany-based satellite laser specialist, from Rheinmetall AG has failed and Rheinmetall has withdrawn from the bidding process. This leaves RocketLab as the sole bidder and thus opens the door for Sir Peter beck’s RocketLab to move ahead with its purchase of the business. The Rheinmetall bid was seen as […]

Investment bank Cantor Fitzgerald, and its analyst Andres Sheppard, has raised its target price on RocketLab’s shares from $72 to $85, and maintained an ‘Overweight’ rating on the rocket company’s prospects. Cantor remains positive on RocketLab following the recent Q4 earnings report [See our report on Friday 27], and the acquisition of Geost is significant, […]

Sir Peter Beck’s RocketLab business, based in New Zealand and the US, has issued some strong numbers in its Q4 and full year results. Annual revenue was $602 million (€510m), up 38 per cent YOY -whilst Q4 was $180 million, and the company reported a record backlog that’s up 73 per cent on 2024 at […]

UK and Spain-based would-be satellite operator Open Cosmos won the rights to satellite frequencies from Liechtenstein in January. Now it seeks around $200 million (€169.6m) in fresh funding in order to build the satellite fleet and meet strict International Telecommunications Union launch obligations. Open Cosmos launched two of its small Ka-band low Earth orbiting satellites […]

Sir Peter Beck’s RocketLab business in March 2025 announced its intention to acquire German laser communications provider Mynaric for approximately $75 million (potentially $150 million with related earn-outs) to boost its space systems business. The deal aimed to integrate Mynaric’s optical terminals into Rocket Lab’s satellites, though it has faced regulatory delays and scrutiny regarding […]

RocketLab is the New Zealand and US rocket building company, founded and managed by Sir Peter Beck. Its Electron orbital rocket launches small satellites, and has launched 70 satellites as of August 2025; second only to SpaceX. It is developing its Neutron reusable vehicle which will carry larger payloads. Founded in June 2006, RockletLab has […]

A RocketLab ‘Electron’ rocket has launched Protosat-1, now confirmed by the US Space Force to be the first satellite from Greg Wyler’s new E-Space so-called ‘sustainable satellite system’ of a promised 300,000-fleet mega-constellation. The constellation is licensed by Rwanda and the small demonstration satellite is catalogued under the Rwandan flag. Launch took place on November […]

Globalstar is a fast-growing mobile satellite operator which has struck a dramatic deal with Apple for connecting Apple’s latest smart phones to its satellite-based services. Its latest numbers show a 79 pe rcent increase in service revenues for the quarter-year to March 31st from $29.3 million (in Q1 2022) to $52.94 million. Its bottom-line net […]

The Silicon Valley Bank failed on March 10th, leaving Roku, production platform Vimeo and RocketLab at risk until the Federal Government clarifies its position. Roku had some $487 million (€454m) in cash deposited at the bank, the USA’s 16th largest. RocketLab had $38 million in its SVB account, although in a statement it said this […]