NZ space firm Zenno closing on $80m in pre-sales

Zenno chief revenue officer Erica Lloyd and CEO Max Arshavsky with the Z01. (Image: Zenno)

Mon, 15 May 2023

New Zealand space technology company Zenno has booked $78 million in sales to satellite companies for its ground-breaking super-torquer product before delivering a single unit to any customer.In an interview with BusinessDesk, chair Peter Crabtree and the product’s inventor, Max Arshavsky, said the burst of pre-orders is proof the company has created a product that will disrupt one of the most important elements of satellite control – the ability to point it in the right direction.Described as “the world’s first supercon...

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