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11 Jan 2026 3:18
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      Home > News > Business

    Kiwi startup Rocketlab is shooting for the Moon, and Venus and Mars

    Kiwi startup Rocketlab is shooting for the Moon, and Venus and Mars

    2 March 2021
    The space and satellite launch company is set to be publicly listed on the US Nasdaq stock exchange, in a deal valued at nearly six-billion dollars.

    Talks about merging with special-purpose acquisition company Vector could be finalised in 24 hours.

    JMI Wealth Director Andrew Kelleher says they've also announced a new rocket.

    He says the company believes the Neutron will be able to lift 98 per cent of satellites until 2029.

    Rocketlab has launched nearly 100 satellites from Hawke's Bay's Mahia Peninsula.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     10 Jan: It's full steam ahead for a local Wellington gaming company, as the sector continues to boom
     10 Jan: An industry professional believes you can only be optimistic about New Zealand's gaming industry heading into the new year
     09 Jan: Expectations Auckland's housing market will keep heating up this year
     09 Jan: A warm welcome for significant changes to laws for earthquake-prone buildings
     08 Jan: Christchurch has been named the country's most turbulent airport for the second year running
     08 Jan: Warner Bros has again rejected a hostile takeover bid from media conglomerate Paramount, telling shareholders to stick with Netflix's rival offer
     08 Jan: Police are appealing for information, about a boat stolen from a commercial yard in Whangarei on Tuesday
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    BUSINESS BUSINESS
    It's full steam ahead for a local Wellington gaming company, as the sector continues to boom More...


     Today's News

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     Entertainment:
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     Entertainment:
    Kate Hudson doesn't regret making "sacrifices" for her family by staying at home to look after her kids 19:23

     Christchurch:
    Drummond Wharf in Akaroa is cordoned off after a drowning 18:56

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