American and New Zealand collaboration company, Rocket Lab, successfully launched 3 satellites into orbit from their launchpad in the Mahia Peninsula today.

Australian National University astrophysicist Brad Tucker said in the modern day space era it was no longer necessary to be a big government agency with a huge bankroll to pull off such a launch.

Designed for tracking shipping, weather and imaging, the 3 satellites are just the start as Rocket Lab aims to launch a rocket every week at a cost of $US4.9 million.