The short series drills are allso known as stub drills or stub length, generally come in split points which helps, till you try to sharpen.
500 sounds fairly fast for a drill press w/o flood coolant, even a small decrease in speed can easily double life of a drill. I can get by drilling a stainless rotor with High Speed Steel drills, if using coolant.
once the drill is dull, nothing much will help except sharpening..
If you want to layout holes to drill ( not on the rotors) try this ancient method..layout die & dividers..