The Associated Press
Foreign Minister Nanaia Mahuta said New Zealand was one of only a handful of nations able to launch rockets into space. California-based company Rocket Lab, which specializes in putting small satellites into orbit, made history in New Zealand four years ago when it launched a test rocket into space from the remote Mahia Peninsula. It began commercial launches in 2018.
Estimates indicate the New Zealand space industry is worth 1.7 billion New Zealand dollars and that space manufacturing generates about NZ$250 million a year.
Source: News Formal (newsformal.com)
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