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29 Mar 2024 10:06
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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


    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.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Ardie Savea insists an elevation to All Blacks captain is the last thing on his mind as he continues his season in Japan More...


    BUSINESS BUSINESS
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



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