Rocket Lab Closes Mynaric Deal and Unveils Gauss Thruster as Shares Rally

The moves signal a pivot toward scaled space systems that broadens the company’s reach with defense and commercial satellite buyers.

Overview

Rocket Lab completed the $155.3 million purchase of Mynaric using cash and about 2.28 million shares, adding laser communication terminals and its first European base in Munich.
The company introduced Gauss, a Hall‑effect electric thruster for satellites, with a production line set to turn out more than 200 units per year.
Gauss packages a thruster, power processing, and propellant systems, runs on xenon with a krypton option, and is designed to be export‑control‑friendly for low Earth orbit use.
Rocket Lab recently raised roughly $474 million by selling 6.73 million shares through an at‑the‑market program and entered collared forward deals tied to 7.45 million shares.
Shares rose around 10% and moved back above the 20‑ and 50‑day averages, helped by a Citigroup upgrade to Outperform and Cantor’s Overweight rating with an $85 price target.