Tāwhaki Seeks Global Investment | Wellington News

Wellington News Today | 2 Min News | The Daily News Now! · Aug 5, 2026 · 1m

New Zealand’s Tāwhaki spaceport is racing to build its second rocket launch pad with global private investment, eyeing strong European interest near Christchurch. Facing government budget limits, the project aims to launch a test pad within two years using overseas funding. With demand for vertical launches surging and a strategic pivot back to rockets, Tāwhaki leverages recent regulatory wins and $35 million in past support to compete in the trillion-dollar space market—without relying on heavy subsidies. Positioned to serve defense clients needing rapid satellite replacement, Tāwhaki’s…