negative for $RKLB

Mynaric is a German company that has a highly critical technology. It’s highly likely that the German government or local industry (like Rheinmetall) would not want such a sensitive military/space technology to move to a U.S. company (Rocket Lab). Getting into a potential bidding war with Rheinmetall could create a serious financial burden for RKLB. If Mynaric is lost, RKLB may either have to become Rheinmetall’s customer for laser communication terminals or turn to other (and limited) suppliers in the market, which could cause delays in satellite manufacturing programs.