Victoria University launches space thruster business venture

Victoria University launches space thruster business venture
Scientists Jamal Olatunji and Ben Mallett with the ion thruster test chamber. (Image: BusinessDesk)
Greg Hurrell
A revolutionary space thruster could one day be big business for a new company spun out of Victoria University’s Paihau-Robinson Research Institute.The institute is gearing up to test some of the ion drive’s components on the International Space Station (ISS) next year and sees the new company as the best bet for attracting customers in the space industry.JXB Space Systems was incorporated in January of this year, with Robinson Research scientists Jamal Olatunji and Ben Mallett as shareholders. They've also plan to set up a...

More Technology

Datacom achieves profit increase
News in Brief

Datacom achieves profit increase

The firm finished the financial year with 5375 staff - 12% down on last year.

Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

Pattrick Smellie 01 Jul 2025
ACC-backed Basis launches world first smart panel
Technology

ACC-backed Basis launches world first smart panel

Forget fomo, this smart device combats folo. 

Greg Hurrell 01 Jul 2025