This is just a small rocket to test out the control system and get experience building and controlling rocket engines; this launch vehicle uses only hydrogen peroxide.
The final system they are working on will achieve 100km altitudes (i.e. space) and return to earth with fare-paying passengers. The final launcher will also use a 'bipropellent' such as peroxide and kerosene; that gives almost twice the delta-v per kg of fuel. They've done tests with such motors, and they've achieved good results- good enough performance to achieve their goals I would think.
They're making good progress- though they thought they'd get to this point last year, but they had catalyst issues which I think are a bit better understood now; but they are ahead on other fronts.
Slashdot Mirror
The final system they are working on will achieve 100km altitudes (i.e. space) and return to earth with fare-paying passengers. The final launcher will also use a 'bipropellent' such as peroxide and kerosene; that gives almost twice the delta-v per kg of fuel. They've done tests with such motors, and they've achieved good results- good enough performance to achieve their goals I would think.
They're making good progress- though they thought they'd get to this point last year, but they had catalyst issues which I think are a bit better understood now; but they are ahead on other fronts.
-WolfWithoutAClause
"Gravity is only a theory, not a fact!"