“The agreement with the United States will provide a platform to build on the long-standing relationships between many New Zealand and U.S. technology-based companies. It adds an additional dimension to our close and established relationship with the United States while protecting New Zealand`s national interests,” said McCully. On June 16, 2020, the United States and the United Kingdom concluded the agreement on the protection of technologies related to U.S. participation in space launches from the United Kingdom or the U.S.-U.K. Technology Protection Agreement (TSA). This agreement establishes, once in force, the technical security measures to support US space launches from the United Kingdom, while ensuring the proper use of sensitive technologies that are consistent with our long-standing partnership and our responsibilities as founding members of the Missile Technology Control System (MTCR). One of the first steps in this process was to assess whether New Zealand`s existing national law is suitable for the management of space activities or whether a new law would be needed. When UN international treaties were ratified, New Zealand policy makers and legislators made it clear that New Zealand legislation was not necessary to implement it. Fifty years later, Rocket Lab`s activities illustrate how technological developments have transformed the space industry and made it accessible to a wider group of participants. This necessitated a change of heart on the need for legislation to implement the rights and obligations of space treaties. It also encouraged New Zealand to think about how to ensure that legislation strikes a balance between risk management and non-holding economic development and innovation.

“The development of a New Zealand space industry is another exciting opportunity for our country,” says McCully. “These agreements will ensure that New Zealand is well positioned to be a responsible and trustworthy partner in the global space industry.” The TSA is accompanied by an “agreement between the Government of the United States of America and the New Zealand Government regarding the agreement between the Government of the United States of America and the New Zealand Government on technological protection measures related to U.S. participation in space launches from New Zealand” (the arrangement side) outlining the circumstances under which the New Zealand authorities should exercise specific jurisdiction over certain TSA articles. and procedures to protect U.S. technology in these circumstances. Today, many more players can access the space. Technological advances have enabled the production of smaller, cheaper and more efficient satellites. Standardization and production of small satellites have also reduced barriers to entry and encouraged innovation in space services and applications.