11 September 2008
Rocket company lands research grant from NWDA
Manchester based high technology company Starchaser Industries
has been awarded an £130,730 Grant for Research and Development
(GRAND) from the Northwest Regional Development Agency (NWDA) to
develop a unique eco-friendly rocket engine for eventual use as a
safety system aboard commercial space rockets.
Specialising in the development, operation and commercialisation
of space related products, Starchaser Industries have identified a
unique way to develop an environmentally friendly hybrid rocket
engine that will utilize “green” propellants, producing virtually
no harmful emissions.
This technology can be used aboard space launch vehicles as
recovery systems to ensure the safe retrieval of astronauts.
The project is based on the known hydrogen peroxide concept, but
has new elements combining this work with solid fuel made from
waste materials. The safety aspect is the key differentiation to
current technologies, potentially leading to a successful
commercial future.
As well as managing a number of research and development
projects, Starchaser in collaboration with the University of
Salford, also has an established and highly successful Outreach
Programme, working with the public and education. The Outreach team
visit around 200 schools and engage with over 150,000 school
children every year.
Mark Hughes, Executive Director for Enterprise and Skills at the
NWDA said:
“Innovation is crucial to the region’s global competitiveness
and is at the heart of the UK’s drive to ‘build and sustain a
knowledge economy.’ The application of leading-edge technologies,
like those demonstrated by Starchaser, help companies develop new
markets, increase exports and generate additional jobs for the
region.
“In the past 8 years the NWDA has assisted nearly 600 companies
to develop their ideas into projects with a solid commercial
potential with the help of the GRAND scheme. Of these some 285
Northwest companies have gone on to have their research projects
approved, leading to commercially exploitable intellectual
property.”
Steven Bennett, Managing Director, at Starchaser Industries Ltd
said:
“The development of an eco-friendly rocket motor system that can
be employed to safeguard the lives of astronauts will showcase the
very best of British endeavour and innovation. This project will
provide new opportunities and will demonstrate key technologies
that will help open the frontier of space for all.”
The NWDA manages and funds a number of business finance
solutions designed to help businesses in the region to start up and
grow. For further information visit www.nwda.co.uk/finance
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Notes to editors:
For further information please contact Shelley Tattersall, Press
Officer on 01925 400256 or mobile 07500 128482 or shelley.tattersall@nwda.co.uk
For further information and to view previous press releases
visit us at www.nwda.co.uk/press
The Northwest Regional Development Agency (NWDA) leads the
economic development and regeneration of England's Northwest and is
responsible for:
• Supporting business growth and encouraging
investment
• Matching skills provision to employer needs
• Creating the conditions for economic growth
• Connecting the region through effective transport and
communication infrastructure
• Promoting the region’s outstanding quality of life