SABRE engine (Credit: Reaction Engines)

ABINGTON, UK, 12 April 2018 (Reaction Engines PR) – Reaction Engines Limited (‘Reaction Engines’) today announced that it has raised a further £26.5 million in a strategic fundraising by securing backing from some of the most influential names in aerospace and finance which will support its development of SABRE™ – a revolutionary new class of aerospace engine combining jet and rocket technologies.

New strategic investors are Boeing HorizonX Ventures, the investment arm of Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defence, space and security systems; and Rolls-Royce, a pre-eminent engineering company focused on world class power and propulsion systems whose experience and capability in building complex engine systems is well known.

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Reaction Engines has received a large investment by Boeing HorizonX and two other companies, CNBC reports. The U.S. industrial giant joined Rolls-Royce and defense company BAE Systems in a $37.6 million fundraising round for U.K.-based propulsion company Reaction Engines. This is both the second foreign investment and the second space investment for Boeing HorizonX Ventures, which contributed to the $15 million funding round for Australian satellite company Myriota last month. […]

Space News reports the British government has awarded contracts totaling approximately $2 million to five groups for feasibility studies on launching out of the United Kingdom. Airbus Safran Launchers, the prime contractor for Europe’s Ariane 5 and future Ariane 6 rockets, which has said was interested in a small-satellite launcher in addition to commercializing its work on a suborbital space-tourism vehicle. Deimos Space UK associated with Firefly Space Systems of […]

Mark Wood

ABINGTON, UK (Reaction Engines PR) — Reaction Engines Ltd., a UK based company developing a new class of aerospace engine, today announces the strengthening of its leadership team with two senior management appointments and the establishment of a US-based subsidiary to lead its engagement with potential US government and industry partners.

The company has appointed Mark Wood to the newly created role of Chief Operating Officer & Engineering Director, with responsibility for operational leadership, improving the efficiency and effectiveness of the business through integration, collaboration and operational best practices.

Mark Wood joins Reaction Engines from Safran Power UK, where he most recently held the position of Engineering Director, with responsibility for Safran Power Engineering in the UK and for engineering services across the whole Power division. He will report to Mark Thomas, Reaction Engines’ Chief Executive Officer.

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Skylon concept (Credit: Reaction Engines)

FARNBOROUGH, UK (Reaction Engines PR) — Reaction Engines Ltd., today announces the signing of a €10m European Space Agency (ESA) contract which will enable the development of a ground based demonstrator of SABRE™, a new class of aerospace engine which is highly scalable with multiple potential applications in hypersonic travel and space access.

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ABINGTON, England (Reaction Engines PR) — The Board of Reaction Engines Ltd is pleased to announce the appointment of Chris Allam, Engineering Director at BAE Systems, as a Director of the Company. His appointment is part of the strategic investment and working partner relationship BAE Systems has entered into with Reaction Engines and he will co-ordinate BAE Systems’ collaboration on Reaction Engines’ development of its SABRE™ engine.

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Skylon deploys a satellite. (Credit: Reaction Engines)

ABINGTON, England (Reaction Engines PR) — Reaction Engines Ltd. is pleased to announce its collaboration with the United Kingdom Defence Science and Technology Laboratory (‘Dstl’).

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Skylon with the SABRE engine. (Credit: Reaction Engines)

BRUSSELS, Belgium (EC PR) — The European Commission has found that a £50 million (around €71 million) grant that the UK authorities intend to provide for designing a SABRE space launcher engine is in line with EU state aid rules.

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WESTCOTT, England (Reaction Engines PR) — Reaction Engines Ltd. have begun their latest round of rocket engine testing in Westcott, UK.

The SABRE engine requires a novel design of the rocket engine’s thrust chamber and nozzle to allow operation in both air-breathing and rocket modes, as well as a smooth transition between the two. The Advanced Nozzle project is demonstrating the feasibility of this concept and represents a significant technology development effort towards the SABRE demonstrator engine.

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Skylon with the SABRE engine. (Credit: Reaction Engines)

OXFORDSHIRE, England (Reaction Engines PR) — Reaction Engines Ltd. is pleased to announce that analysis undertaken by the United States’ Air Force Research Laboratory (‘AFRL’) has confirmed the feasibility of the Synergetic Air-Breathing Rocket Engine (‘SABRE’) engine cycle concept.

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