Introduction
Welcome to the first company update from Black Hole Space Technologies Corp. We do these updates to keep you all up to date to the current status of the company. In this update we’ll cover topics about finances, the wizard engine development, our progress on BHST HQ, and about our own rocket.
Finances
Black Hole Space Technologies Corp. began with a modest amount of funding, focusing on building our headquarters and developing the revolutionary Wizard Engine. Despite our limited resources, we made a great progress in advancing the construction and development of this technology.
By innovative engineering, efficient resource management, and a dedicated team, we were able to accelerate research and development. Our efforts have already resulted in prototypes that push the boundaries of propulsion technology.
Wizard Engine
The development of the Wizard Engine began in February with the goal of creating a revolutionary engine fueled by methanol and liquid oxygen. This combination delivers high performance while producing minimal atmospheric pollutants. At Black Hole Space Technologies, we believe that introducing this type of environmentally friendly engine to the rocket market can encourage other companies to adopt sustainable fuels similar to ours.
So far, we have tested three engines:
- SN001, which experienced a failure due to an issue with the gas generator exhaust.
- SN003, which has returned to the factory for evaluation.
- SN004, currently on the test pad, awaiting its third static fire test.
Testing SN003 provided us with valuable insights into the Wizard Engine’s performance, and the data from SN004 will likely inform improvements for the Wizard V1 Engine.
At the same time, we have already begun developing Wizard Engine V.2, a significantly more powerful version that will power our own rocket. (A project we’ll provide more details on later in this update).
BHST HQ Progress
Our new factory in Tucson is almost finished. We’re still waiting on some equipment that will speed up production, but most of the systems are already in place and running well. This facility will be the center of our operations: where we build, test, and improve the Wizard Engine and eventually assemble our rockets.
At the same time, we’re making progress at the launch pad. It’s still under construction, but our plan is to: create smart, cost-effective infrastructure that can handle both small and medium-class rockets. By keeping the design simple and efficient, we can move faster without unnecessary costs.
Together, the factory and the pad will give us everything we need right here in Tucson—designing, building, and launching from the same hub. It’s a big step toward making our vision of sustainable spaceflight a reality.
Rocket Development
The final update we want to share is about a project that excites us the most—our very own rocket. While details are still limited, we can say that the design phase is nearing completion. Our engineering team has been working tirelessly to refine the architecture, balance performance with sustainability, and ensure that the rocket will be a strong complement to the Wizard Engine.
Soon, we’ll begin producing the first test articles, which will undergo trials at a custom-built test pad specifically designed for this vehicle. These early prototypes will help us validate the rocket’s systems step by step, from structural integrity to propulsion performance, before moving toward full-scale flight hardware.