BAE Systems is partnering with air-breathing rocket developer Reaction Engines as part of an agreement under which BAE will acquire a 20% share of the U.K.-based company for £20.6 million ($31.8 million). The surprise announcement represents a key breakthrough for Reaction in its efforts to attract major aerospace investors to accelerate development of the Synergetic Air-Breathing Rocket Engine (Sabre) combined cycle propulsion system aimed at bridging the power gap between air ...


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