Reducing the amount of propellant for re-cooling is an important issue for the rocket propulsion system using cryogenic fuel. Immediately after the start of the engine, the liquid fuel boils and becomes two-phase flow. In the state of two-phase flow, the void fraction, which is the gas-liquid ratio, is one of the important value for flow control. For above problem, we are developing void fraction measurement system for the cryogenic fluid. These devices were attached to the S310-43 sounding rocket for the purpose of “measuring two-phase flow behavior and heat transfer characteristics during coasting flight.” These devices withstood the vibration shock test of 40G and succeeded to measure the void fraction of liquid/gas nitrogen two phase flow under vacuumed and microgravity circumstance. This report explains development and experiment results of the void fraction sensor and a capacitance amplifier.