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

 

Scoop Business: Bathurst Gets Nod For DoC Access To Denniston Mine

Conservation Minister Nick Smith has approved access over conservation estate land for Bathurst Resources to develop an open cast coal mine on the Denniston Plateau, above Westport, to the dismay of environmental opponents. More>>

ALSO:

Minding Of Meats: MPI Working To Clear Shipments To China

New export certificates are being issued to release containers of meat products held up at the Chinese border, the Ministry for Primary Industries said today. Shipments of meat into China were delayed after MPI issued export certification in a format which had not been approved by Chinese authorities at AQSIQ. More>>

ALSO:

Banking Ombudsman: Bank Customers Need To Remember Basics

Have you heard the story about the kids who used their mum’s credit card details to buy up large online? Or the one about the person who saved all their PINs disguised as phone numbers on their mobile which was then stolen by a thief who saw through the disguise and went on a spending spree?More>>

TPP: A Global Fair Deal On Copyright - OurFairDeal.org

Alastair Thompson: The orginal "A Fair Deal" campaign brought together Internet NZ with a bunch of other groups including the Royal New Zealand Foundation for the Blind, the Creative Freedom Foundation , NZ Rise , Trademe and Kiwiblog's David Farrar. OurFairDeal.org takes the NZ based campaigns a giant leap forward bringing together 84 lobby groups from across the Asia Pacific in 6 countries into a global alliance. More>>

ALSO:

Business.Scoop: NZOG's Griffiths Backs Director Liability On Health, Safety

New Zealand Oil & Gas chairman Peter Griffiths has thrown his support behind legislative moves to make directors liable if the companies they govern fail to meet health and safety obligations. More>>

ALSO:

Scoop Business: NZ’s Services Sector Expands At Fastest Clip In 5 Mths

New Zealand’s services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. More>>

ALSO:

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news