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:
ESI Group develops new metals AM simulation module with AddUp
Rolls-Royce fires up Ansys and Intel HPC for engine prototypes
Cura 5.0 from Ultimaker fine tunes the details
Pennsylvania, 3D Systems and America Makes turn to universities for future of 3D printing
Al Dean searches for a nimble combo of analog and digital
DSM extends its additive materials reach in UK with Europac3D partnership
VIDEO // Bosch solving problems on its manufacturing lines by using desktop 3D printed parts
GE Aviation launches metals 3D Printing take off with $1.4B takeover of Arcam and SLM Solutions