Small fast bowler one rocket-propelled (8)
I believe the answer is:
spaceman
'one rocket-propelled' is the definition.
'small fast bowler' is the wordplay.
'small' becomes 's' (abbreviation - e.g. clothes size).
'fast bowler' becomes 'paceman' (cricket term).
's'+'paceman'='SPACEMAN'
(Other definitions for spaceman that I've seen before include "one requiring a supply of oxygen?" , "Astronaut" , "High flier" , "NASA PC, me! (anag)" , "Distant traveller" .)