Rocket Lab establishes Australian subsidiary

Rocket Lab USA announced it has established a new wholly-owned subsidiary, Rocket Lab Australia, to explore opportunities to support the expansion of Australia’s national space capabilities. "Australia has an accomplished history in the space sector having developed strong capabilities in Earth observation, space tracking and satellite operations. Coupled with Australia’s renewed focus on industrial capability and advanced manufacturing, the industry is now poised for an era of rapid expansion driven by new technology, a growing demand for space enabled data, private investment, and a significantly increased funding commitment from the Australian Government," said Rocket Lab founder and CEO Peter Beck.