Peter Beck: Rocket Lab Founder on the space sector election commitments

Published: Oct. 5, 2023, 7:44 p.m.

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Players in the country\'s space sector are optimistic over recent election commitments.\\xa0

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National and Labour are both promising to grow the aerospace industry, including trialling\\xa0and testing new technologies\\xa0

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National will also appoint New Zealand\'s first Minister for Space, if elected.\\xa0

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Rocket Lab Founder Peter Beck told Mike Hosking that the space industry isn\'t some future aspiration, it\'s current and it\'s booming.\\xa0

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Beck says having a minister and a centre of focus to signal space is something we should invest in and is a good thing. \\xa0

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He says the industry represents $1.7 billion annually.\\xa0

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