[ExI] Skylon gets £20 million investment

[Rafal Smigrodzki]

On Mon, Nov 2, 2015 at 9:28 AM, BillK <pharos at gmail.com> wrote:

> BAE Systems has bought a 20% stake in a company developing a radical
> engine that could propel aircraft into space.
>
> BAE is paying £20.6m for the stake in Reaction Engines, which is
> developing a hybrid rocket/jet engine called Sabre.
>
> <http://www.bbc.co.uk/news/business-34694935>
>
> Reaction says the technology would allow the launch of satellites into
> space at a fraction of the current cost and allow passengers to fly
> anywhere in the world in four hours.
>
> The British government is also investing £60m in the company.
> -------------
>
>
> Why this investment? BAE Systems is one of the world's largest defence
> contractors. It wants the engines for military aircraft.


### The dogs of war will gambol, faster.

Rafał
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