Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Keen US Interest in Revolutionary NZ Rocket Test

For Immediate Release

13 November, 2012

Keen US Interest in Revolutionary NZ Rocket Test

A new rocket fuel and propulsion system developed in Auckland and tested on Great Mercury Island early today has attracted keen interest from the United States.

Auckland-based Rocket Lab has developed and successfully tested a new rocket fuel and propulsion system that launched a small rocket 10 kilometres into the atmosphere of the Hauraki Gulf around 07:30am this morning. An influential audience including Trade Minister Mr Tim Groser, international space and rocket propulsion research agencies and US and Australian propulsion and space experts including the US Navy Office of Naval Research, Global, and Lockheed viewed the test launch.

Rocket Lab CEO Peter Beck said the test was aimed at proving the efficiency of the rocket propulsion system and the ability to modify the thrust levels to optimise the range and accuracy of the rocket and increase the overall performance over the current state of the art systems.

“We weren’t aiming for a great height, just proof that the quite revolutionary fuel and propulsion systems we’ve developed have the capability and capacity to carry small payloads into space in a much more efficient manner,” says Mr Beck.

“The data and telemetry we captured today prove the success of the project. and the performance of the new propulsion system . We have achieved a major advancement in rocket propulsion today using our novel Viscous Liquid Monopropellant system.

“There are a number of applications for this - including launching telecommunications satellites - and increasing demand. The beauty of small rockets is they can carry these single payloads much cheaper and we can schedule launches much quicker than is possible in the US and Europe.”

The Office of Naval Research has been involved in funding the project for more than two years and London-based Associate Director Global, David Neyland said the test had generated great interest.

“It was a beautiful launch, said Mr Neyland. “The magic of what is going on here is the propulsion and fuel technology being explored is something that hasn’t been looked at for the past 50 or 60 years.

“The flexibility to carry out this kind of research in New Zealand is magic and what gives the leverage to this project.”

The Trade Minister Mr Tim Groser, said this kind of hi-tech research was just the type of project New Zealand needed more of in US trade relationships.

“Peter Beck and his small team of just six people have attracted the attention of some of the United States’ leading aerospace industry players with leading edge research work produced in a small downtown Auckland laboratory.”

Mr Beck says the rocket was recovered from the range area off Great Mercury Island shortly after launch.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news