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The competition heats up: The New Zealand government has signed an interim contract authorizing commercial launches by the private company Rocket Lab, pending passage of permanent authorizing legislation next year.
Rocket Lab, which operates a private satellite launch site on the Mahia Peninsula between Napier and Gisborne, intends to start launch operations later this year, Minister for Economic Development Steven Joyce said in a statement. The contract is an interim measure, preceding the Outer Space and High Altitude Activities Bill which will be introduced to Parliament this month to provide a regulatory regime for space launches from New Zealand.
The government wants the bill passed into law by mid-2017, Joyce said. In June, New Zealand signed the Technology Safeguards Agreement (TSA) with the United States government, which allows commercial entities, including Rocket Lab, to import launch technology and satellites from the US.