A major player in aerospace innovation has bitten the dust. Reaction Engines, a developer of hypersonic engine technology since 1989, has gone into administration and its closure is having an impact ...
"It was going great until it fell apart." Richard Varvill recalls the emotional shock that hits home when a high-tech venture goes off the rails. The former chief technology officer speaks ruefully ...
Collapsed UK firm Reaction Engines had a total deficiency of over £160 million ($216 million) when it fell into administration last month, including now-worthless shareholdings of more than £150 ...
Adam Dissel, President of Reaction Engines, reported that business operations were being shutdown. The US business of the UK company operated for 8.5 years. They pushed the boundaries of propulsion ...
UK advanced propulsion developer Reaction Engines is to close down after it collapsed into administration having failed to secure additional funding. UK advanced propulsion developer Reaction Engines ...
COLORADO SPRINGS—Reaction Engines, the UK-U.S.-based pioneer of hypersonic propulsion and thermal management systems, has been forced into closure after failing to raise around £20 million ($25.7 ...
The US business of the UK company operated for 8.5 years. They pushed the boundaries of propulsion and thermal management with our technology. The team achieved some astounding milestones and ...
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 SABRETM, a new class […] ...
Reaction Engines Ltd., a UK company behind a rocket engine designed for hypersonic flight, has had its valuation slashed by more than £200 million ($264 million) by two investors as it searches for ...