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Stock impact report

Mynaric Selected by Rocket Lab for Space Development Agency's Tranche 2 Transport Layer - Beta Program [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Rocket Lab USA, Inc (NASDAQ:RKLB) to supply free space optical terminals for the Space Development Agency's (SDA) Tranche 2 Transport Layer (T2TL) - Beta program. Rocket Lab was awarded the 18-vehicle program in January 2024 . The order of CONDOR Mk3 terminals is valued at approximately $15 million with deliveries beginning in 2025 and continuing into 2026. "We're thrilled to welcome Mynaric onto our team and look forward to working together to deliver critical capability to the SDA," said Rocket Lab's Vice President of Space Systems Brad Clevenger. "Mynaric has a long history of delivering industry-leading communications technology and we're pleased to be incorporating it into our Pioneer satellite buses." The Transport Layer will be the space backbone for the Joint All Domain Command and Control (JADC2) infrastructure with low-latency data t Show less Read more
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