Rocket Lab considers repaying $2.85m wage subsidy, but says revenue was impacted by Covid-19 uncertainty
The space company is conducting an internal audit after finding it 'unlikely' met the conditions for the Government subsidy.
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The space company is conducting an internal audit after finding it 'unlikely' met the conditions for the Government subsidy.
Post-pandemic tech stocks: Winners and losers 2 May, 2021 07:00 AM 10 minutes to read Rocket Lab's new, larger, crew-capable Neutron Rocket, scheduled for its first launch in 2024. Video / Rocket Lab Rocket Lab's new, larger, crew-capable Neutron Rocket, scheduled for its first launch in 2024. Video / Rocket Lab Covid-19 remains a deadly scourge in many parts of the world. And supply chains everywhere are still a mess. But in countries like the US and the UK, where more than half of adults have now received their first jab - and others like Australia and NZ that have remaine...
Rocket Lab's $6b Nasdaq listing: Three potential problems 5 Mar, 2021 04:00 PM 8 minutes to read Rocket Lab is gearing up for its US$4.1 billion ($5.7b) Nasdaq listing during the second quarter, through which it will raise US$750m - much of it earmarked to fund a larger medium-lift rocket, the Neutron, due to blast off in 2024. Rocket Lab founder and chief executive Peter Beck this week revealed details of the giant new rocket and said it was an exciting time for the company. "We've been on this path for a while, and it's great to finally bring Rocket Lab to the public."
One person hurt in Mahia helicopter crash 15 Dec, 2020 05:44 PM 2 minutes to read A helicopter pilot who survived a crash at Mahia is taken into Gisborne Hospital after arriving in the Hawke's Bay Rescue Helicopter. Photo / Gisborne Herald A helicopter pilot who survived a crash at Mahia is taken into Gisborne Hospital after arriving in the Hawke's Bay Rescue Helicopter. Photo / Gisborne Herald NZ Herald One person has suffered moderate injuries after their helicopter crashed while carrying out agricultural work in rural Mahia. The pilot was the only person on board and was carrying out agric...