No not new it's called a presta valve been around for a very long time ,,,in my other (thinner) life I was a bicycle racer,,,,,,,you learn to have a love hate relationship with those ,,,,btw ther is an adapter to fill those with a schrader type pump also a rubber gromet to adapt to a schrader valve rim to fill you have to un screw the stem slightly fill then tighten down (oh the failures I've had ) good luck jeffw