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:
New HQ and 3D Academy to be opened by Hobs Studio
DEVELOP3D is nearly done - what's in store for March?
Delcam Asian Technical Summit: Day 2 – a touch late I know
Altair acquires SimSolid, citing 'profound impact' it will have on product design
Prime Cuts: In a NUT shell
Today - New Blades: Britain's best graduate model maker recruitment fair
DEVELOP3D LIVE 2015 - videos go live!
Protolabs boosts its additive manufacturing with new materials
