BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
BNP Paribas, KB Kookmin Eye $2 Billion Techcombank Stake 
Yindjibarndi Appeals Fortescue Mining Compensation Ruling 
Shein Hong Kong IPO to Raise $1.7 Billion at $26.5 Billion Valuation 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
Mercer International Stock Surges 45% on C$20 Million Canada Funding 
The Realist’s Case: Lukas Kerrebijn of RD Dubai on the Narrative Dubai’s Agents Won’t Question 
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan 
Honda, Nissan Eye Shared Vehicle Software Platform by 2029 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Street Poller Media and The Boom of the Street Interview Ad Industry 
Amazon Secures 200 MW Wind Power Deals in Sweden 
Toyota Global Sales Fall as China Demand Slumps 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
Jefferies Names AMEC Top China Semiconductor Equipment Pick 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
Adidas, Puma Shares Fall as Dick’s Sporting Goods Cuts Outlook 
Add as a preferred source on Google
REDMOND, Wash., April 10, 2018 -- Aerojet Rocketdyne’s NEXT-C ion propulsion engine has successfully cleared NASA’s critical design review (CDR), confirming the technology achieved all program requirements and is ready for final production of the flight units. NASA’s Evolutionary Xenon Thruster-Commercial (NEXT-C) was developed by NASA and is being commercialized by Aerojet Rocketdyne. NEXT-C has 7kW of maximum power and greater than 4100s specific impulse (Isp). Its high Isp and flexible operational capabilities make NEXT ideal for scientific space missions.
NEXT-C will be the ion thruster used on a 2021 mission, named DART (Double Asteroid Redirection Test), led by the Johns Hopkins University Applied Physics Laboratory for NASA. DART is a kinetic impact mission designed to collide with a moonlet around the Didymos asteroid and slightly alter its orbit. This mission will be a critical step in demonstrating NASA’s impact threat mitigation capabilities for redirection of a potentially hazardous object such as an asteroid.
“Serving as the primary propulsion source for DART, NEXT-C will establish a precedent for future use of electric propulsion to enable ambitious future science missions,” said Eileen Drake, CEO and President of Aerojet Rocketdyne. “Electric propulsion reduces overall mission cost without sacrificing reliability or mission success.”
Under a cost-sharing agreement with NASA’s Science Mission Directorate through the agency’s Glenn Research Center, Aerojet Rocketdyne is developing the NEXT-C electric propulsion engine and power processing unit. In addition to DART, additional NEXT-C units may be launched on future NASA planetary missions.
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), 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.
Ashley Gudzak, Aerojet Rocketdyne, 703-236-1253
[email protected]
