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Insolvency specialists handling the administration of UK firm Reaction Engines appear to be slowly closing in on the sale of the collapsed hypersonic technology developer’s assets. Detailing the sale ...

Reaction Engines explored multiple rescue options throughout 2024 – including a merger, break-up sale or equity injection – as the hypersonic propulsion developer fruitlessly battled a growing ...

Adam Dissel, President of Reaction Engines, reported that business operations were being shutdown. The US business of the UK company operated for 8.5 years. They pushed the boundaries of propulsion ...

"It was going great until it fell apart." Richard Varvill recalls the emotional shock that hits home when a high-tech venture goes off the rails. The former chief technology officer speaks ruefully ...

The European Space Agency (ESA) recently jumped into the burgeoning space-plane sector, announcing funding for a new research program called Invictus, which will develop a hypersonic space plane ...

A bankrupt company’s propulsion system for hypersonic planes is being revived by Invictus, a new European Space Agency (ESA)-backed project aiming to build and fly a hydrogen-powered spaceplane by ...