SACRAMENTO, Calif., Jan. 11, 2016 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), has entered a public-private partnership with NASA to mature the development of an MPS-130 CubeSat propulsion system using a green propellant, known as AF-M315E. Once fully developed, not only would the technology increase in-space CubeSat mission capabilities, but AF-M315E would provide a safer, more efficient and higher performance alternative than traditional hydrazine propellants.
“We’re excited about this partnership with NASA to advance CubeSat propulsion with green propellants,” said Eileen Drake, CEO and president of Aerojet Rocketdyne. “There’s no doubt it will open exciting new doors in the private and public sectors for those seeking to increase the capability of nanosats and operate them more affordably and efficiently, and with safer propellants.”
The MPS-130 green propulsion system will allow CubeSats and nanosats to increase their capabilities similar to those of much larger satellites, such as extending mission life, increasing architecture resiliency, maneuvering to higher and lower orbits, and performing complex proximity operations and formation flying.
Under the partnership, Aerojet Rocketdyne will deliver a fully integrated MPS-130 green propulsion system for flight demonstration, as well as conduct development and validation testing.
Aerojet Rocketdyne was selected for this project under NASA’s “Utilizing Public-Private Partnerships to Advance Tipping Point Technologies” solicitation, which seeks to mature technologies beyond their “tipping point.” According to NASA, the goal is to enable private industry to develop and qualify the technologies for market, stimulating the commercial space industry while delivering technologies and capabilities needed for future missions and commercial applications.
Aerojet Rocketdyne is an innovative company delivering solutions that create value for its customers in the aerospace and defense markets. The company is a world-recognized aerospace and defense leader that provides propulsion and energetics to the space, missile defense and strategic systems, tactical systems and armaments areas, in support of domestic and international markets. Additional information about Aerojet Rocketdyne can be obtained by visiting our websites at www.Rocket.com and www.AerojetRocketdyne.com.
Contact: Glenn Mahone, Aerojet Rocketdyne, 202-302-9941 [email protected] Lynn Machon, Aerojet Rocketdyne, 916-355-3587 [email protected]


TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Instagram Outage Disrupts Thousands of U.S. Users
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Washington Post Publisher Will Lewis Steps Down After Layoffs
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 



