German company’s successful experiment in sending a wax rocket into space

German company Helmplus on Friday successfully tested a wax-powered rocket capable of carrying commercial satellites into space.
According to the news of the foreign news agency ‘Reuters’, the chief executive of Helmplus, Mario Kobald, said in a statement that ‘We are moving towards further increasing Germany’s space travel capability as a nation and Europe’s access to space. Expanding.
A 12-meter, 2.5-tonne experimental rocket named ‘SR 75’ took off from Conba, Adelaide, South Australia.
This rocket is capable of carrying small satellites weighing up to 250 kg to a height of 250 km above sea level, flying with the help of wax or candle and liquefied gas.
The German company says the wax can be used as a cheap and safe alternative fuel for rockets, thereby reducing the cost of transporting satellites by up to 50 percent.
The German company, part of Germany’s space agency DLR, which has 65 employees, said it had orders worth 100 million euros ($105 million) to transport satellites.
The statement said that the company is run mostly by private capital, while some of it is government investment.
The company aims to expand its operations as demand for commercial satellites grows and take its services to a value of 700 million euros by 2032.
The company plans to launch a slightly larger, multi-stage rocket capable of carrying satellites weighing up to 600 kilograms by the end of next year.