SUMMARY Historically, the choice of formulae for model rocketry altitude data reduction has been limited to linear closed-form equations. Using simple trigonometric functions, these equations require only a pocket calculator or, if necessary, could be derived by hand using sine and cosine tables. In recent years the widespread availability of programmable calculators and portable computers has automated these calculations. In fact, the typical portable computer has more than enough computing power to perform vastly more complex methods of data reduction beyond the static closed-form algorithms. The main objective of this project was to implement a computer software program for a more accurate method of determining a model rocket's likely altitude given two-station theodolite angles. The mathematical basis of the new method has a strong similarity to the closed form Geodesic method, but adds weighting for real-world effects of optically tracking a model rocket to ejection. The grouping of errors into a "region of uncertainty" is approximated by a hemispherical shape which is located using an iterative software technique, hence the name "Hemispherical Iteration Tracking". The software was tested for various regions in 3D space relative to the trackers and the convergence of the HIT method was compared to the Geodesic method with favorable results. Additionally, a set of data from a particularly problematic NAR-sanctioned regional was used to compare the new method with the Geodesic equations; the results showed that the closure rate would have improved from only 31% of tracked flights closed to over 88% closed. NAR competitors would benefit from this new data reduction method by improving the closure rate for altitude events, offering a more even playing field when existing algorithms fail to close reliably under certain conditions. Further statistical analysis would be needed before approving the new method for NAR-sanctioned competition and record attempts.