7 years ago

Reaction Engines Secures £26.5 Million for SABRE™ Aerospace Engine Development

  • Reaction Engines, a UK-based aerospace engine developer, secured £26.5 million in funding

  • The investment, led by Baillie Gifford Asset Management, Woodford Investment Management, Boeing HorizonX Ventures, Rolls-Royce, and BAE Systems, will be used to develop SABRE™, a new class of engine combining jet and rocket technologies

  • The funding will also accelerate the commercialization of SABRE™, along with other technology opportunities in various industries.

    • ProblemAerospace

      "Developing a new class of aerospace engine that combines jet and rocket technologies to enable efficient, long range hypersonic air flight and low cost, reliable and responsive space launch."

      Solution

      "Designing and developing SABRE™ (Synergetic Air-Breathing Rocket Engine), a propulsion system that aims to revolutionize air and space travel by combining jet and rocket technologies."

      Covered on