This year’s DEVELOP3D LIVE keynote speakers, Reaction Engines, have announced its £60m grant by the government to help it continue the development of its Skylon plane and Sabre engines.
The funding will also be used to help develop the company at its base at Culham Science Centre, Oxfordshire, from being mainly research-based to testing and eventual commercial applications.
BAE Systems has also bought a 20 per cent stake of the company for £20.6m.
Find out more about from this talk from Richard Varvill, Reaction Engines technical director and head designer:
DEVELOP3D LIVE 2015: Richard Varvill, Reaction Engines from DEVELOP3D on Vimeo.
Advertisement
Advertisement
Related articles:
Solid Solutions Management to acquire NTCADCAM
Get mobile with the backpack that has designers in mind
Unity 2020.1 launches with more intuitive workflows
HP takes on Microsoft Surface Pro with detachable PC workstation with Nvidia Quadro pro graphics
Nexa3D and AddiFab partner for bespoke injection moulding
Training series added for BobART to get most out of creative CNC machining
Prime cuts: If the shoe fits
Nikon take-over of SLM Solutions aims for metals 3D Printing dominance