{
Reaction Engines Ltd.

Companies

}
001122334455554433221100
001122334455554433221100

British spaceplane developer Reaction Engines files for bankruptcy and layoffs

Reaction Engines Ltd., a British developer of air-breathing rocket engines, has filed for bankruptcy after failing to secure additional funding. Most of its 200 employees have been laid off, and the company is now under administration, with a likely outcome of liquidation. Founded in 1989, it is known for the SABRE engine concept and the proposed Skylon spaceplane, which never progressed beyond the conceptual stage.
SpaceNews
Euro United States Dollar European Space Agency BAE Systems plc Reaction Engines Ltd. Rolls-Royce Holdings plc Pricewaterhousecoopers AS LLP USA GBR Show more
Finance & Economy, News Article
01:26 11.11.2024

democratizing space exploration for a diverse and innovative future

The space industry is hindered by exclusivity, with 80% of astronauts from just three countries and significant gender and racial disparities. To unlock the potential of space exploration, we must democratize access, foster global collaboration, and innovate funding models, ensuring diverse participation and perspectives. By breaking down barriers, we can accelerate scientific progress and address pressing global challenges.
SpaceNews
Reaction Engines Ltd. BioSig Technologies, Inc. Common Stock GBR CHN USA RUS Sandra Erwin Show more
Technology & Innovation, Blog Post
15:00 02.10.2024
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