ATK Tests "Green" Space Technology

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

ATK (UNKNOWN: ATK.DL  ) -- the company sometimes still known as Alliant Techsytems and the nation's largest space launch rocket motor producer -- wants to turn the black of space "green."

On Monday, the company's Missile Products division announced the successful completion of ground testing on a new kind of thruster technology for maneuvering rockets and satellites. The tech, referred to as High Performance Green Propulsion (HPGP) aims to replace use of the potentially hazardous hydrogen/nitrogen fuel source hydrazine with a new fuel that blends ammonium dinitramide, water, methanol, and ammonia to create a "green " propellant.

ATK spokeswoman Kristin Vick explains in an email that the HPGP propellant "has less impact on the environment and people" than does hydrazine-based propellant. Additionally, the new formulation outperforms hydrazine in flight by nearly 30% -- meaning that even if it costs more than hydrazine, it delivers more bang for the buck.

Key to the new propellant's attractiveness, according to Vick, is the fact that by being safer to use, both for the environment in general and humans in particular, plus offering increased performance, the HPGP propellant offers "an overall reduction in lifecycle costs for the defense and aerospace industries."

HPGP thrusters and fuel were originally developed abroad, by the Swedish Space Corporation. In the U.S., ATK possesses a license to sell both the new fuel and the new thrusters. ATK is currently blending the new propellant in its Elkton, Md., facility, where it is also testing the thrusters. 

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2442993, ~/Articles/ArticleHandler.aspx, 9/27/2016 8:20:07 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 11 hours ago Sponsored by:
DOW 18,094.83 -166.62 -0.91%
S&P 500 2,146.10 -18.59 -0.86%
NASD 5,257.49 -48.26 -0.91%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
ATK.DL $0.00 Down +0.00 +0.00%
Alliant Techsystem… CAPS Rating: ****