Reaction Engines Enters Administration, Halting Hypersonic Ambitions

The UK aerospace innovator's collapse threatens the future of its revolutionary SABRE engine and impacts hypersonic programs globally.

Reaction Engines, known for its SABRE hybrid rocket engine, has gone into administration due to failed funding efforts.
PricewaterhouseCoopers (PwC) has been appointed as administrator, leading to the redundancy of 173 out of 208 employees.
The company sought a £20 million cash injection but faced reluctance from key investors like BAE Systems and Rolls-Royce.
The collapse jeopardizes the UK's hypersonic missile program and affects Formula One teams using its cooling technology.
Reaction Engines had raised over £150 million in funding but struggled with commercializing its technology and achieving revenue growth.