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Going hypersonic: Boeing boosts Reaction Engines

Space plane
An artist’s conception shows a space plane powered by Reaction Engines’ SABRE system deploying an upper stage with a payload heading to orbit. (Reaction Engines Illustration)

Boeing’s HorizonX venture investment arm is placing a big bet on hypersonic flight.

Today it announced that it’s going in with Rolls-Royce and BAE Systems on a $37.3 million Series B investment round for Reaction Engines, a British aerospace startup focusing on a hybrid rocket-jet propulsion technology that could send aircraft zipping into space and back at multiple times the speed of sound.

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