Rocket Lab close to deal with US acquisition company — report

Rocket Lab close to deal with US acquisition company — report
Staff reporters
Rocket Lab USA, the US-New Zealand space start up, is close to a merger with a US acquisition company. According to a report in the Wall Street Journal, a reverse listing via a special acquisition company — commonly called a ‘SPAC — Vector Acquisition Corp. would take Rocket Lab public with a value of US$4.1 billion including debt.  Special acquisition companies have been having a record year, taking advantage of unbridled enthusiasm for speculative investments that have come amid the pande...

More Technology

Elon Musk and Jamie Dimon’s AI predictions
Technology

Elon Musk and Jamie Dimon’s AI predictions

Billionaire and banker have bold things to say about AI.

Business of Tech podcast: Why Being AI is NZ's latest listed tech company
Markets Free

Business of Tech podcast: Why Being AI is NZ's latest listed tech company

CEO explains how recent listing will help the firm as it seeks to grow globally.

Let’s join the Canadians and build national AI capacity
Opinion

Peter Griffin: Let’s join the Canadians and build national AI capacity

It may be time to look to Canada's robust research AI sector for NZ to move forward.

Peter Griffin 11 Apr 2024