EQS-News: Mynaric selected by Rocket Lab for Space Development Agency’s Tranche 2 Transport Layer – Beta Program
LOS ANGELES, May 7, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a 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.
- LOS ANGELES, May 7, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a 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.
- Once completely fielded, Tranche 2 will provide global persistence for all capabilities in Tranche 1 plus demonstration of advanced tactical data links and future proliferated missions.