Apr 12, 2018
Reaction Engines Secures £26.5M Investment From New Industrial And Financial Investors
Posted by Klaus Baldauf 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.