Govt pulls funding for troubled Kaitorete Spit spaceport

Summarised by Centrist

Plans for a spaceport at Kaitorete Spit, south of Christchurch, are faltering as the government rejects further funding. Despite high hopes, the national aerospace centre Tāwhaki has failed to attract international investors, underspent its budget, and struggled to deliver returns. Space Minister Judith Collins has scaled back the project, casting doubt on New Zealand’s aerospace ambitions.

Read more over at RNZ