|
Friday 9th September 2016 |
Text too small? |
Airways New Zealand has signed a contract with commercial rocket launch provider, Rocket Lab, to provide air traffic services for test and commercial flights through the country's airspace.
In a statement, Airways said they'd been in talks with Rocket Lab for the past 18 months.
Rocket Lab operates a private satellite launch site on the Mahia Peninsula between Napier and Gisborne. The company plans around 100 launches a year through its Electron rocket.
Airways chief operating officer Pauline Lamb said "a special use airspace will be created around the Electron rocket as it launches through New Zealand airspace. Our air traffic controllers will protect this airspace from other aircraft using separation procedures and will do all they can to minimise the impact the launch operations may have on other airspace users."
Rocket Lab is backed by Silicon Valley investor Khosla Ventures, Stephen Tindall's K1W1 fund, Silicon Valley venture capitalist Bessemer Venture Partners, and global defence group Lockheed Martin. In July last year, it signed a contract with the US's National Aeronautics and Space Administration letting it use NASA's resources.
BusinessDesk.co.nz
No comments yet
BIT - Net Asset Values as at 24 September 2026
TEM - Transaction in Own Shares
AIA - Auckland Airport Director Update
SML - Synlait reports FY26 result and operational recovery
CNU - Paul Reid joins Chorus Board
September 28th Morning Report
AGL - Accordant Group Limited announces CEO retirement
VCT - Results of annual shareholders' meeting
HGH - Heartland acknowledges TSB Section 95 Notice
TEM - Transaction in Own Shares