Mynaric AG ("Mynaric") develops and produces laser communications terminals for air, space and mobile applications. Laser communication networks enable ultra-high data rates and secure, long-distance data transmission between moving platforms across airborne and space-based networks. The company is headquartered in Munich, Germany, with an additional location in Los Angeles, California.
After the restructuring of all of its secured debt, canceling of all outstanding equity interests, and delisting on the Frankfurt Stock Exchange and NASDAQ in June 2025, Mynaric engaged Candlewood Partners to serve as its financial advisor on its sale to Rocket Lab Corporation (Nasdaq: RKLB). Candlewood worked alongside Mynaric's management and key stakeholders throughout the sale process, navigating a complex cross-border transaction that culminated in Rocket Lab's acquisition of 100% of the business.
Candlewood Partners served as financial advisor to Mynaric in connection with its sale to Rocket Lab Corporation (Nasdaq: RKLB). The transaction closed on April 14, 2026, with Rocket Lab acquiring 100% of Mynaric for ~$155 million following regulatory approval from Germany’s Federal Ministry for Economic Affairs and Energy. The acquisition positions Mynaric to accelerate production of its laser communications terminals, strengthen its role as a critical supplier to the U.S. government’s Proliferated Warfighter Space Architecture program, and expand its reach across Rocket Lab’s commercial and government customer base.