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World’s first private spaceport will launch a rocket by the end of the year

Rocket Lab’s new hangar and 50-ton launch pad has wrapped construction in New Zealand When you’re in the business of cheaply firing satellites into space, you need your own launch pad. At least, that’s the thinking of Rocket Lab, a private aerospace company dedicated to quickly and affordably getting small satellites up into orbit. After developing its flagship Electron launch vehicle—which is capable of delivering small satellites to space for as little as $50,000—Rocket Lab needed a place to launch it.
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