Government to invest £60 million in world’s first air-breathing rocket engine
Through the UK Space Agency, the Government is set to invest £60 million in the development of the SABRE - a British-designed rocket engine which could revolutionise the fields of propulsion and launcher technology, and significantly reduce the costs of accessing space.
SABRE has the potential to create 21,000 high value engineering and manufacturing jobs; maximise the UK’s access to a conservatively estimated £13.8 billion launcher market over the next thirty years; and provide economic benefits from spill-over technology markets.
Built by UK company Reaction Engines (REL), the unique engine is designed to extract the oxygen it needs for low atmosphere flight from the air itself, paving the way for a new generation of spaceplanes which would be lighter, reusable and able to take off and launch from conventional airport runways.
Edited by Waspie_Dwarf, 29 May 2014 - 03:37 PM.