space news from around the webin association with SpaceNews

Rotary Rocket to close Roton facility
Posted: Sat, Jan 27, 2001, 2:24 PM ET (1924 GMT)
Roton Rotary Rocket, a company that tried to develop a low-cost reusable launch vehicle, will close and auction off the California facility where it built and tested an early prototype. The Bakersfield Californian newspaper reported Saturday that Rotary will auction off its facility at the Mojave, California airport, including a three-story office/hangar and a rocket assembly building, on February 3. The company made the decision since the facilities weren't being used and the company had no plans to use them for the foreseeable future. The site was used to construct a prototype of the Roton, a cone-shaped launch vehicle that would have taken off like a rocket but landed like a helicopter using a set of rotors. The vehicle made several low-level test flights, powered solely by the rotors, but further development was stalled by a lack of investment. The company nearly lost the facility to county tax assessors several weeks ago when it failed to pay its property taxes on time, but the bills were eventually paid. The company, down to a dozen employees at its Bay Area office, said it has a business plan and "significant" resources to wait until the investment climate improves.
<<previous article   next article>>
news in brief

"Monster" planet puzzles astronomers
Posted: Sun, Nov 5 10:14 AM ET (1514 GMT)

Chairman of House Science Committee to retire
Posted: Sun, Nov 5 10:13 AM ET (1513 GMT)

news links
Thursday, November 23
Cover Story: The ultimate frontier market
The Edge Daily (Malaysia) — 1:58 am ET (0658 GMT)
Next-generation weather satellite in orbit, gets new name
Huntsville Times — 1:56 am ET (0656 GMT)
Successful First International Moon Village Workshop at ISU
International Space University — 1:53 am ET (0653 GMT)
The Short Life and Death of a Space Tourism Company
Air & Space — 1:51 am ET (0651 GMT)
Building for a Future in Space
University College Dublin Observer — 1:47 am ET (0647 GMT)

about   ·   ·   mailing list