News in Brief
News in Brief
Markets
Rocket Lab nabs Biden funding
Rocket Lab has hit a milestone by launching two Electron rockets within 24 hours.The New Zealand-American firm also said on Tuesday it had finalised US$23.9 million (NZ$41.3m) in Biden administration “Chips Act” funding.Proposed recipients of funding under the legislation, design...
KiwiSaver
Booster Innovation Fund takes a hit
KiwiSaver provider Booster has written down the value of its Booster Innovation Fund by $664,000 following a decision by one of the 44 businesses in the fund that it will be placed in liquidation.The firm cannot yet be named.The fund is a small part of the total Booster KiwiSaver...
Markets
Blis in the black
Blis has reported an increase in revenue and earnings despite a patent dispute.
Markets
Channel looks to raise $50m, inks deal with Fletcher subsidiary
Projects expected to deliver $120m in incremental revenue over 15-year period.
