Waikato Business News October/November 2018
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
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WAIKATO BUSINESS NEWS <strong>October</strong>/<strong>November</strong> <strong>2018</strong><br />
43<br />
NZ’s rocket man<br />
dreams big<br />
Starship Enterprise chief engineer<br />
Montgomery Scott had a reputation as a<br />
miracle worker.<br />
Asked by his captain,<br />
James T Kirk, how<br />
much refit time the<br />
starship required before she<br />
could relaunch, Scott said:<br />
“Eight weeks, sir, but ye don't<br />
have eight weeks, so I'll do it<br />
for ye in two.”<br />
Kirk asked Scott if he had<br />
always multiplied his repair<br />
estimates by a factor of four.<br />
“Certainly, sir,” was the<br />
reply. “How else can I keep<br />
my reputation as a miracle<br />
worker?”<br />
Rocket Lab USA founder<br />
and chief executive Peter<br />
Beck is a real life miracle<br />
worker of more legendary<br />
proportions than Scotty.<br />
There’s no multiplication<br />
of estimates going on in<br />
Peter Beck’s case, he just gets<br />
amazing results.<br />
Without Peter Beck,<br />
Rocket Lab USA would never<br />
have been founded in 2006.<br />
Without Peter, the company<br />
would never have<br />
embarked on 12 years of<br />
Inaugural CEO to guide<br />
further growth for Quantec<br />
Hamilton dairy biotechnology<br />
company Quantec<br />
has appointed its<br />
first CEO, Raewyn McPhillips,<br />
to lead its next phase of growth.<br />
Ms McPhillips’ appointment<br />
as CEO, beginning late <strong>November</strong>,<br />
will enable managing<br />
director and co-founder Dr Rod<br />
Claycomb to focus on R&D<br />
growth opportunities to further<br />
Quantec’s expansion in its key<br />
overseas markets, including<br />
China and Latin America.<br />
Established in 2009, Quantec<br />
specialises in extracting<br />
high-value bioactives from<br />
natural ingredients which are<br />
developed into proprietary<br />
ingredient formulations for use<br />
in human and animal health<br />
products.<br />
It manufactures a patented<br />
dairy ingredient, IDP ® , which is<br />
used by its customers to make<br />
products such as dietary health<br />
hard work culminating in the<br />
successful launch of an Electron<br />
rocket on January 20,<br />
<strong>2018</strong>, from Launch Complex<br />
1 on the Mahia Peninsula in<br />
Hawke’s Bay, New Zealand.<br />
Without Peter, Rocket Lab<br />
would never have invited Star<br />
Trek’s original Captain Kirk<br />
to open its production facility<br />
on <strong>October</strong> 12 in Mt Wellington,<br />
Auckland.<br />
William Shatner<br />
“sparked a generation<br />
of space enthusiasm<br />
and he is an icon”,<br />
Peter said at the<br />
Rocket Lab opening<br />
Without Peter, the Auckland<br />
facility would never have<br />
supplements and skincare<br />
products. It also manufactures<br />
a range of anti-acne products<br />
under the EPIOLOGY ® brand<br />
which contains IDP and is distributed<br />
through New Zealand<br />
pharmacies and Mexican dermatologists.<br />
Quantec won the supreme<br />
award at the Natural Health<br />
Products New Zealand awards<br />
in March this year.<br />
Dr Claycomb says Raewyn<br />
McPhillips will bring a wealth<br />
of leadership experience in the<br />
dairy and public health sectors.<br />
“Alongside her industry and<br />
leadership experience, she’s also<br />
extremely skilled in operational<br />
and supply chain management,<br />
which will be a huge asset as we<br />
look to move Quantec into its<br />
next phase of growth.”<br />
Ms McPhillips joins Quantec<br />
from Tatua Dairy Co-operative,<br />
where she was international<br />
ramped up rocket production<br />
to the rate of one rocket per<br />
week.<br />
Without Peter, Launch<br />
Complex 1 would never have<br />
been licensed to launch up to<br />
120 times per year.<br />
Without Peter, the New<br />
Zealand space industry would<br />
not exist.<br />
Miracle worker indeed.<br />
To such an extent that Peter<br />
Beck’s pioneering name<br />
should be as well known in<br />
New Zealand, and even across<br />
the world, as Sir Edmund Hillary.<br />
New Zealand Herald journalist<br />
Holly Ryan recognised<br />
this when she quoted Dr Nicholas<br />
Rattenbury, from University<br />
of Auckland Department<br />
of Physics, about Beck’s<br />
accomplishments.<br />
Dr Rattenbury says sending<br />
a rocket to space remains<br />
one of the most challenging<br />
technological acts we, as a<br />
species, can accomplish.<br />
Peter has received the Meritorious<br />
Medal from the Royal<br />
Aeronautical Society for service<br />
of an exceptional nature<br />
to New Zealand aviation for<br />
his accomplishments. He<br />
has also received the Royal<br />
Society's Cooper Medal, the<br />
Innovation in Design and<br />
Engineering Award at the NZ<br />
Innovators Awards and was<br />
named 2016 EY Entrepreneur<br />
of the Year.<br />
If you asked Peter about<br />
the secret of his success he<br />
would probably put it down<br />
to his family, his friends,<br />
and everyone in his business<br />
from the person who mows<br />
the Launch Complex 1 lawns<br />
to the rocket scientists who<br />
designed and built the Electron<br />
rocket.<br />
But it all started with Peter<br />
Beck’s dream.<br />
trade manager. She has held<br />
leadership roles in operations<br />
and business improvement at<br />
<strong>Waikato</strong> District Health Board<br />
and Fonterra. She began her<br />
career as a laboratory technician<br />
before moving to technical and<br />
management roles across Fonterra.<br />
Her appointment follows<br />
Quantec’s announcement in<br />
May this year of a new general<br />
manager of China operations,<br />
Kirin Tsuei, to oversee Quantec’s<br />
sales and distribution in<br />
China.<br />
Quantec chair John Birch<br />
says the past 12 months in particular<br />
have shown significant<br />
growth.<br />
“Since this time last year, we<br />
have established a Chinese registered<br />
operating company and<br />
doubled our team’s size,” says<br />
Mr Birch.<br />
“As a relatively young company<br />
with science at our heart,<br />
we’re experiencing significant<br />
commercial success here in<br />
New Zealand and in several key<br />
markets overseas which is a terrific<br />
platform to continue growing<br />
from.”<br />
Ms McPhillips says she<br />
is looking forward to joining<br />
Quantec. “I’m excited to<br />
be working with this highly<br />
respected and innovative team<br />
to help deliver profitable and<br />
sustainable growth, and to continue<br />
to bring innovative products<br />
to customers around the<br />
world.”<br />
TECH TALK<br />
> BY DAVID HALLETT<br />
David Hallett is a director of Hamilton software specialist Company-X,<br />
design house E9 and chief nerd at <strong>Waikato</strong> Need a Nerd.<br />
The power of dreams cannot<br />
be underestimated.<br />
Sir Ed dreamed of conquering<br />
Mt Everest.<br />
Microsoft founder Bill<br />
Gates dreamed of a personal<br />
computer in every home.<br />
Apple founder Steve Jobs<br />
dreamed of the iPad and the<br />
iPhone.<br />
Peter Beck’s dream was<br />
sparked by a starship captain<br />
when Peter was five years old.<br />
William Shatner “sparked<br />
a generation of space enthusiasm<br />
and he is an icon”, Peter<br />
said at the Rocket Lab opening<br />
“I used to watch him<br />
when I was five years old and<br />
bouncing on my father’s knee<br />
in front of the television and<br />
I used to admire his exploration<br />
of the universe, boldly<br />
going where no man had gone<br />
before. That is Captain James<br />
T Kirk, Mr William Shatner.<br />
“I can only imagine going<br />
back in time and tapping on<br />
the shoulder and whispering<br />
into that little boy’s ear, one<br />
day that Captain Kirk’s going<br />
to open your rocket factory.”<br />
Raewyn McPhillips will<br />
be Quantec’s first CEO.<br />
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