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Business/Financial

Rolls-Royce Makes Further Investment In Reaction Engines

By Cal Biesecker

Monday, August 24th, 2020

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Rolls-Royce Makes Further Investment In Reaction Engines

Reaction Engines' SABRE test site. Photo: Reaction Engines

Rolls-Royce plc last Friday said it has made an additional investment in Reaction Engines as part of a wider funding round in the United Kingdom-based advanced technology aircraft and rocket engine designer and developer, and has also partnered with the small company to develop high-speed aircraft propulsion systems. Terms of the latest funding round and investment by Rolls-Royce, also based in the U.K., were not disclosed. Rolls-Royce, Britain’s BAE Systems, and Boeing’s [BA] HorizonX ventures arm were all part of…

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