RocketLab CEO, Peter Beck poses with The Rutherford at the company's Auckland headquarters. The Rutherford, a battery-powered rocket engine printed on 3D parts, is set to reduce the cost for companies to send satellites to space by as much as US$45 million. Photo: Phil Walter/Getty Images

Rocket Lab nearing completion of world's first private orbital launch site

New Zealand site looks to launch weekly with reduced costs

Topic |   CNBC

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RocketLab CEO, Peter Beck poses with The Rutherford at the company's Auckland headquarters. The Rutherford, a battery-powered rocket engine printed on 3D parts, is set to reduce the cost for companies to send satellites to space by as much as US$45 million. Photo: Phil Walter/Getty Images
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