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New Zealand’s aerospace industry faces barriers to growth due to a lack of official expertise in safety assessments and the absence of the New Zealand Defence Force (NZDF) as a customer, according to the country’s Space Agency. Rocket Lab currently holds the only launch license in the country, and the government aims to cut red tape to expand the industry to $10 billion by 2030. The agency is setting up a system to tap into external experts for safety assessments, and is considering ways to lighten the rules in the dedicated testing zones.

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