The recent bankruptcy of Reaction Engines, a British pioneer in the field of aerospace technologies, is raising serious concerns about the future of hypersonic projects. Known for its ambition to develop revolutionary engines, the company faced insurmountable financial difficulties after more than 30 years of innovation. This situation raises questions about the impact of this disappearance on aerospace programs and the long-awaited technological advances.
British society Reaction Engines, a pioneer in the development of hypersonic engines, recently declared bankrupt after 35 years of activity. Founded in 1989, it was known for its engine concept SABER intended for space vehicles. Despite efforts to obtain additional financing, the attempts failed, leading the company into bankruptcy proceedings.administration judicial. The majority of the 200 employees were laid off, leaving uncertainty surrounding the future of innovation in the aeronautics field. The production ambitions of Skylon, a space vehicle announced as capable of carrying 17 tons into orbit, never got beyond the conceptual stage due to the exorbitant costs envisaged for its realization.
the bankruptcy of Reaction Engines
The bankruptcy of Reaction Engines, a major player in the development of hypersonic engine technologies, marks a significant turning point in the aerospace industry. Founded in the 1980s, this British company aimed to create revolutionary engines, such as the SABER, which was to allow spaceplanes to take off without boosters. Despite notable technical advances, the company encountered insurmountable financial difficulties, leading to its placement in administration.
consequences of this bankruptcy
The current situation of Reaction Engines raises concerns within the sector. With thousands of hours of research and more than 200 employees involuntarily legally affected, this bankruptcy could hamper innovation. Financing was attempted, but difficulty raising capital ultimately led to the likely liquidation of the company. Indeed, the absence of investors ready to believe in this revolutionary technology has had broader consequences, jeopardizing several hypersonic programs.
the future of hypersonic technologies
The future of hypersonic technologies seems uncertain after this bankruptcy. This could pose risks for other projects aspiring to develop similar systems. Indeed, the trend to reduce costs could also harm disruptive innovations in the aeronautics sector. The current economic pattern contrasts with the public support necessary to bring about ambitious projects like the Skylon, a concept that would require investments of several billions to realize.
