With Rheinmetall officially abandoning its alternative bid for Mynaric, Germany's justification for blocking Rocket Lab's $150 million acquisition has collapsed. Over 90% of Mynaric's backlog is U.S. DoD money — the company was never a sovereign German asset in any operational sense.
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Rheinmetall Walked Away. Germany Should Take the Hint.
With Rheinmetall officially abandoning its alternative bid for Mynaric, Germany's justification for blocking Rocket Lab's $150 million acquisition has collapsed. Over 90% of Mynaric's backlog is U.S. DoD money — the company was never a sovereign German asset in any operational sense.
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