The aerospace manufacturer announced the deal in a press release on Tuesday with funding coming from the National Security Innovation Capital. The company is developing a plastic-fueled rocket engine called Mjolnir. Development began with a $750,000 contract from the NSIC in 2020.
The new contract will fund the development of the remaining parts needed to complete the engine. The company plans to run a final test - called a hotfire test - by May 2024.
"Based on NFA's performance in designing, 3D printing and testing the first, key component of the Mjolnir. full-flow staged combustion engine in less than a year, we are pleased NSIC sees the enormous potential in the continued development and completion of Mjolnir.," NFA CEO Bill Bruner said in a statement.
NFA was founded in 2020 and focuses its efforts on creating fuel-efficient, 3D-printed aircraft, according to the company.
Mjolnir. is a reusable engine with a net negative carbon footprint, NFA said. In the future, NFA plans to use the engine to build hypersonic aircraft used to transport cargo and passengers to any airport in the world in less than two hours.
Related Links
NFA
National Security Innovation Capital
Rocket Science News at Space-Travel.Com
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