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News
Chorus profit jumps 825%, CEO says Starlink not a concern
1+ hour, 52+ min ago (77+ words) National Business Review CEO Mark Aue continues to back fibre broadband's performance as users demand higher speed and capacity. Chorus does not see an imminent threat to its business from above, given that fibre optic cables far outperform satellite-based internet…...
Elon Musk has a plan for your future
1+ day, 11+ hour ago (1226+ words) ANALYSIS: The world’s richest man has a technology solution to save civilisation. The use of economic sanctions against South Africa during the apartheid era (1948-94) is widely acknowledged as a successful example of enforcing change. Though they were first imposed by…...
Rocket Lab expands into Europe, quarterly revenue rises 62%
1+ week, 6+ day ago (81+ words) National Business Review Sir Peter Beck says Europe’s space industry is ‘undergoing a profound structural shift’ and Rocket Lab wants to capitalise on it. Rocket Lab is establishing a German business. Rocket Lab has announced its “strategic expansion” into Europe…...
Is satellite a substitute for terrestrial mobile?
2+ week, 6+ day ago (77+ words) National Business Review ANALYSIS: Despite satellite advantages, cellphone towers retain structural advantages in some environments, so partnerships are likely to be the way forward. SpaceX has recently been the talk of the market and everyone, including the local shoeshine, has…...
NZX 50 inches higher in mixed Asian trading; oil prices rise
1+ mon, 3+ day ago (938+ words) Fletcher Building secures a government subsidy to keep making concrete in Northland. New Zealand’s S&P/NZX 50 index inched higher in a mixed day across Asia as the tech rout on Wall Street knocked the likes of Japan’s SoftBank and…...
Dawn Aerospace turns investors away from $43m Series B round
2+ mon, 1+ week ago (87+ words) National Business Review The Kiwi space transportation company has doubled its valuation since its Series A raise in 2022. Dawn Aerospace’s Aurora suborbital spaceplane flying at high altitude. Space transportation company Dawn Aerospace has closed its Series B funding round, raising…...
What SpaceX promises about the economics of space and Earth
2+ mon, 2+ week ago (68+ words) National Business Review What SpaceX promises about the economics of space and Earth ANALYSIS: The most revealing document published in the AI era so far is not what many may think. SpaceX IPO targeted at index funds, retail investors Protecting…...
SpaceX IPO targeted at index funds, retail investors
2+ mon, 2+ week ago (85+ words) National Business Review SpaceX IPO targeted at index funds, retail investors New rules from index providers will accelerate SpaceX's inclusion in sharemarket indexes as fund manager says the offer ‘feels like 1987’. SpaceX is seeking to raise a record US$75b at…...
T&G divisional divestment expected to require ComCom approval
3+ mon, 3+ day ago (83+ words) National Business Review Regulatory hurdles including an investigation into the impact on competition could push the handover of the New Zealand division out by months. T&G apple variety, Envy. T&G Global's domestic fresh business could have signed agreements…...
Emirates begins installing Starlink Wi-Fi in its A380 fleet
3+ mon, 3+ week ago (83+ words) National Business Review Carry On: Spirit Airlines rescue, US merger talk ends, more Dreamliner orders. Starlink Wi-Fi is available on Emirates’ B777s and some of its A380s. Emirates has completed installing the first Starlink Wi-Fifi in its world-leading fleet of A380s. It takes…...