A major player in aerospace innovation has bitten the dust. Reaction Engines, a developer of hypersonic engine technology since 1989, has gone into administration and its closure is having an impact ...

"It was going great until it fell apart." Richard Varvill recalls the emotional shock that hits home when a high-tech venture goes off the rails. The former chief technology officer speaks ruefully ...

Collapsed UK firm Reaction Engines had a total deficiency of over £160 million ($216 million) when it fell into administration last month, including now-worthless shareholdings of more than £150 ...

A buyer has acquired the intellectual property of collapsed UK rocket pioneer and next Concorde based in Oxfordshire.

An artist's impression of Concept V hypersonic military aircraft demonstrator that forms part of the UK's wider Hypersonic Air Vehicle Experimental programme. Reaction Engines, which was involved in ...

Adam Dissel, President of Reaction Engines, reported that business operations were being shutdown. The US business of the UK company operated for 8.5 years. They pushed the boundaries of propulsion ...

UK advanced propulsion developer Reaction Engines is to close down after it collapsed into administration having failed to secure additional funding. UK advanced propulsion developer Reaction Engines ...

COLORADO SPRINGS—Reaction Engines, the UK-U.S.-based pioneer of hypersonic propulsion and thermal management systems, has been forced into closure after failing to raise around £20 million ($25.7 ...

The US business of the UK company operated for 8.5 years. They pushed the boundaries of propulsion and thermal management with our technology. The team achieved some astounding milestones and ...