2 Mar 2021

Rocket Lab to list on Nasdaq

From Morning Report, 8:36 am on 2 March 2021

It's a big week for Rocket Lab. The space company has confirmed it will be publicly listed through a merger deal with an American special purpose acquisition company.

The deal with Vector Acquisition values the company at US$4.1 billion US or NZ$5.6 billion.

The company has also announced the development of a new, larger rocket capable of carrying much heavier loads than its existing Electron rocket.

Peter Beck is the founder and CEO of Rocket Lab.

He spoke to Corin Dann.