UK Government invests £60M in Skylon Project

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.