18 Jun 2026
4 months ago
796 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and significantly contributing to the country's 0.8 percent GDP growth. This growth was driven by innovative firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare, reflecting strong productivity and forward orders. The government supports this sector through initiatives like the Investment Boost, aiming to enhance productivity and sustain manufacturing's role in New Zealand's economic recovery.
18 Jun 2026
4 months ago
859 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and driving a 0.8 percent overall GDP increase, with strong performance in transport equipment and machinery manufacturing. Key firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare are spearheading innovation and productivity, supported by government initiatives such as the Investment Boost to encourage capital investment. Manufacturing, contributing around 8 percent of GDP and employing over 220,000 people, is central to New Zealand's economic recovery and future growth strategy.
15 May 2026
5 months ago
1010 views
Space Minister Chris Penk announced the first recipients of the Kiwi Space Activator pilot programme, awarding $1.48 million to Dawn Aerospace, the University of Canterbury, and the University of Auckland for innovative space technology projects. These initiatives address government-identified challenges, enhance New Zealand’s space innovation reputation, and include educational components to inspire future innovators. The programme aims to reduce barriers for testing new space technologies, with funding increased to $2.08 million for rounds one and two, and applications for round two closing on May 25, 2026.
18 Nov 2025
11 months ago
1260 views
Stefan Powell, co-founder and CEO of Dawn Aerospace, and Southland student Sophie Ineson are the 2025 recipients of the Prime Minister’s Space Prizes, recognized for their innovation and contributions to New Zealand’s growing space industry. The space sector has seen significant growth, with revenue increasing 53% to $2.68 billion and supporting 17,000 skilled jobs, highlighting its economic importance and potential. Both winners will receive financial awards to support their work and education, underscoring New Zealand’s commitment to fostering talent and leadership in the global space industry.
24 Jul 2025
1 year ago
2630 views
Tāwhaki Joint Venture received a $5.85 million boost to support the growth of New Zealand's space and advanced aviation sectors. The Government aims to create a world-class regulatory environment for advanced aviation by the end of the year. The funding will help Tāwhaki scale up operations, attract new customers, and strengthen New Zealand's position in the global advanced aviation sector.