Apr 12, 2018

Reaction Engines Secures £26.5M Investment From New Industrial And Financial Investors

Posted by in category: finance

New strategic investments from Boeing and Rolls-Royce, additional investment from BAE Systems

– Financial investments from Baillie Gifford Asset Management and Woodford Investment Management

12 April 2018 – 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.

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