|
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
PYS - PaySauce to announce F26 full year results on 27 May 2026
PEB - Draft LCD Proposes Medicare Coverage for Triage and Triage
MEL - Meridian Energy monthly operating report for April 2026
FBU - Sale of South Australian property
AIR - Air New Zealand market update
May 14th Morning Report
PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend
May 13th Morning Report
Pacific Edge launches capital raise of NZ$24 million