New Zealand announced Tuesday it was the furthest down the line nation to sign a space agreement with NASA, similarly as New Zealand’s early space industry starts to take off.

New Zealand turned into the 11th signatory to the Artemis Accords, a diagram for space cooperation and supporting the US space agency’s arrangements to return humans to the moon by 2024 and to launch a notable human mission to Mars.

Foreign Minister Nanaia Mahuta said New Zealand was one of just a small bunch of countries ready to launch rockets into space.

“New Zealand is focused on guaranteeing the following period of space investigation is led in a protected, practical and straightforward way and in full consistence with international law,” Mahuta said.

New Zealand said it’s especially keen on ensuring that minerals taken from the moon or somewhere else in space are utilized economically.

California-based company Rocket Lab, which has some expertise in placing small satellites into orbit, left a mark on the world in New Zealand four years prior when it launched a test rocket into space from the distant Mahia Peninsula. It started business launches in 2018.

Rocket Lab organizer Peter Beck, a New Zealander, said signing the agreements was demonstration of the nation’s developing job in the space industry and opened the entryway for collaboration and mission openings with NASA.

There could likewise before long be a second New Zealand launch site. The public authority announced Tuesday it was collaborating with Indigenous Maori to purchase land in the Canterbury area to foster a space launch site.

Appraisals demonstrate the New Zealand space industry is worth 1.7 billion New Zealand dollars ($1.2 billion) and that space manufacturing generates about NZ$250 million per year.

NASA Administrator Bill Nelson said in an explanation that New Zealand was one of seven countries that aided art the standards in the agreements and he was charmed they had signed up.

“Space is becoming busy,” said Kevin Covert, the acting US minister to New Zealand. “As more nations set up a presence in space, by means of examination stations, satellites, or even rocket launches, these agreements give a bunch of standards to establish a protected and straightforward climate that motivates investigation, science and business exercises.”

Different signatories to the agreements are the US, Australia, Britain, Canada, Italy, Japan, Luxembourg, South Korea, the United Arab Emirates and Ukraine. Brazil likewise said it intends to sign.