NewRocket is developing proprietary gel technology that enables a stable and non-toxic engine propellant, without sacrificing performance or control. NewRocket's gel propellant combines the advantages of liquid and solid propellants. Safe to use and transport, the propellant will improve rocket performance, offering a powerful thrust that can be controlled and extinguished when needed. NewRocket's gel propulsion technology is designed to meet the strictest industry regulations. The company has successfully completed a proof of concept for the proprietary technology and identified key applications for the aviation, space, and power generation markets. NewRocket is associated with the Technion Israel Institute of Technology.