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AJRD Aerojet Rocketdyne Holdings Inc

57.99
0.00 (0.00%)
15 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aerojet Rocketdyne Holdings Inc NYSE:AJRD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 57.99 0 01:00:00

NEXT-C Advanced Electric Propulsion Engine Cleared to Begin Production

10/04/2018 1:00pm

GlobeNewswire Inc.


Aerojet Rocketdyne (NYSE:AJRD)
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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, 703-236-1253Ashley.Gudzak@Rocket.com

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