Rocket Lab reports record quarterly revenue, updates on crew-capable Neutron, talks up ‘Golden Dome' missile defence opportunity
Its net loss widened to US$66.4m from the year-ago US$41.6m.
The company finished the quarter with US$564m
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Otago Daily Times
14 hours ago
- Otago Daily Times
Hot pools project heating up
The developer of Queenstown's first central hot pools complex estimates it'll open in the first week of next month. 'Bathe by Aluume' — said to be "a modern take on an age-old hot spring tradition" — is being built by local builder Dent Construction on the corner of Brecon St and Cemetery Rd, surrounding the Queenstown Mini Golf site. Australia-based entrepreneur and engineer Tim McMahon says he's spending several million dollars bringing his vision to life. Simultaneously, he's targeting the end of the year to open New Zealand's first floating sauna, 'Thermae by Aluume', at Frankton Arm's Queenstown Marina. McMahon says the idea for his Aluume Wellness venues (aluume's a mix of 'allure' and 'illuminate') was born from a combination of passions — "a love of wellness experiences, a deep appreciation for Queenstown and a strong interest in architecture and design". "We also saw clear pent-up demand in the region for high-quality, immersive hot pool and sauna facilities, which gave us the confidence to bring Bathe to life." His GM is Jay Errington, who was GM of Queenstown's Hulbert House for the past eight years — McMahon met him when he stayed there. Errington says Bathe by Aluume includes a corner communal pool for up to eight people — "it's going to have the views and the Instagram shot". In the first stage there'll also be five private pools for up to four people each. Two are along the Cemetery Rd side which he's calling 'canopy views' and three with views towards Coronet Peak which he dubs 'mountain views'. Each pool has a changing area while there's a reception facility beside the communal pool. Clad in corten steel, it'll link up with a series of serpentine walls that'll define the boundary of the site and weave around each pool. Pool temperatures will be 39-40°C, with the private pools 1.3 metres deep and the communal pool 1.8m with tiered steps. The pool shells were crafted in Tauranga and dropped on to the site by crane. "If you're looking to enjoy a quiet moment or if you're looking for something a bit more social, there's an option for everyone, all of it with the added convenience of its central location," McMahon says. Errington adds: "It's going to be a place where people can just stop, take a breath, relax, kind of just take a moment in, it's like the antidote to the hustle and bustle of Queenstown". Enabling works for a second stage of five private pools are also being undertaken. "If things go smoothly in the first few months of operation, our goal is to complete the rest of stage 2 before the end of the year," McMahon says. Communal sessions will be from $55 and private sessions from $95 for one-hour soaks, but he's considering a locals' pass. There'll also be a Steamer Wharf ticket booth handling bookings for both the Brecon St and marina experiences. McMahon's landlord for both sites is American Silicon Valley entrepreneur Iraj Barabi, who developed the marina and also bought, with his sisters, the Brecon St site for almost $15.5million in 2023.
Scoop
a day ago
- Scoop
BNZ Breakers Sign Rob Baker II To Complete Roster For NBL26 Season
The BNZ Breakers are pelased to announce the signing of American forward Rob Baker II as the team's final import player, completing the roster for the upcoming NBL26 season. 'Rob Baker II is a versatile forward who will bring a significant presence to the team standing 6 ft 10 in (2.08 m),' says President of Basketball Operations Dillon Boucher. 'We are incredibly excited to welcome Rob to the Breakers family. 'His experience and talent will be a huge asset to our squad. His recent performances have shown he is a dynamic player, and we believe he will be an excellent fit for our team culture.' Baker's professional career has seen him play in various leagues, including the Slovak Basketball League, Japan's and in the NBA G League. This year, he has played with the German EuroLeague Club ALBA Berlin and he made the Indiana Pacers roster for the 2025 NBA Summer League, where he scored 26 points with 10 rebounds in a game against the New Orleans Pelicans. Club Chairman Marc Mitchell said "Rob is a dynamic, versatile forward who can make a real impact on both ends of the floor. His strong presence as a solid rebounder and shot-blocker is the final piece of the puzzle that Dillon and Coach Kop were looking for in completing our roster." 'He was a standout player at Harvard University, from which he graduated with a degree in economics. We are very impressed with what he brings to the Club on and off the court.' The signing of Baker finalises the team's three import slots for NBL26, joining Parker Jackson-Cartwright and Izaiah Brockington. The team is confident that with this completed roster, they are well-positioned to compete for the championship. Rob will join the team after competing for Team USA in the 2025 FIBA Men's AmeriCup, which will take place in Managua, Nicaragua from 22-31 August 22-31. The BNZ Breakers' pre-season campaign is set to begin in September, with the regular season tipping off at Spark Arena on 19 September.
1News
a day ago
- 1News
Former A-League champions stripped on licence
Defiant Western United have vowed to fight the stripping of their A-Leagues licence as the embattled club stands on the brink of folding. Football Australia on Friday confirmed United would have their licence withdrawn as the current ownership were unable to satisfy the financial criteria required to maintain it. The news, which leaves players and staff in limbo, comes just three years after United's first A-League Men championship. United have been in financial turmoil for months, with players and staff paid late in April, May and June while superannuation payments were also delayed. United, based in Tarneit, in Melbourne's western suburbs, have also been unable to register players due to a FIFA ban related to an ongoing dispute with former striker Aleksandar Prijovic. ADVERTISEMENT That ban meant new signing Jaiden Kucharski and captain Ben Garuccio could not be registered in time to play in United's Australia Cup round of 32 loss to Sydney FC. The club, led by chairman Jason Sourasis, had hoped their issues would be solved by a planned takeover by American group KAM Sports, which was announced in May - but that is yet to be completed. Football Australia's First Instance Board (FIB), an independent body responsible for club licensing, met on Thursday. A Football Australia (FA) spokesperson said the FIB had: "determined that Western United FC has failed to meet the criteria required to be granted an A-League license. "As such Western United FC's license has been withdrawn, effective immediately. "Western United FC can appeal this decision to the Appeals Body established under the regulations on certain grounds outlined in the regulations. "This outcome, while regrettable, reflects Football Australia's ongoing commitment to upholding the integrity, stability, and fairness of competitions for all clubs, players, and stakeholders." ADVERTISEMENT United responded on Friday, confirming they would immediately appeal the decision. Western United Football Club is bitterly disappointed by today's decision by Football Australia and the FIB and will be exercising its right to appeal immediately, with confidence of a positive outcome. "Western United Football Club is bitterly disappointed by the decision taken by Football Australia (FA) and the First Instance Body (FIB) today," United said in a statement. "The club will be exercising its right to appeal the decision immediately, with confidence of a positive outcome as the sale of the club and injection of capital from KAM Melbourne continues to progress. "We wish to assure every single member, supporter and the broader Australian football public that we will fight for our club with the same spirit, belief and resilience that has defined us from the very beginning. "We will continue to stand together as we have done in the face of adversity in the past, and we will exhaust every avenue to continue being able to represent our community with pride. "As this is a regulatory process, the club will be making no further comment at this time." ADVERTISEMENT Championship-winning coach and Socceroos great John Aloisi signed a new two-year deal in July. It is also unclear what the decision means for players, who are receiving support from the players' union, Professional Footballers (the PFA). United's men's players are in pre-season while it is the off-season for ALW players. "We have communicated directly with all players affected by this decision and will continue to do so as this matter progresses," a PFA spokesperson said in a statement. United have experienced a turbulent existence since they were granted an expansion licence in 2018 - beating several other bids - and entered the league ahead of the 2019-20 season. Their bid was successful largely based on Western Melbourne Group's commitment to build a purpose-built stadium in Tarneit. That project was delayed by several years, with the club playing games in Geelong, Ballarat, Footscray and Tasmania, before a far smaller training ground, Ironbark Fields, was constructed. ADVERTISEMENT Despite the setbacks, Aloisi was able to lead the club to their first ALM championship in 2021-22 while the ALW team reached the grand final in their inaugural season the following year. "We've been advised by Football Australia on the determination by FIB to withdraw Western United's conditional licence," APL executive chairman Stephen Conroy said in a statement. "This is an FA, AFC and regulatory process, and we won't comment further until the regulatory process and any appeal has been completed."
