Looming Rocket Lab launch spurs govt to set up space regulatory regime

Looming Rocket Lab launch spurs govt to set up space regulatory regime
Paul McBeth
By Paul McBeth June 14 (BusinessDesk) - The prospect of space travel pioneer Rocket Lab launching a rocket locally before the end of this year has spurred the government to set up a regulatory regime to cope with the issues that are out of this world.  Economic Development Minister Steven Joyce today unveiled a raft of measures putting in place what officials describe as a permissive regime, which gives the deciding minister discretion on whether to issue a licence and avoids the risk of becoming obsolete too quickly. The Ministry of Busi...