Reaction Engines Secures New UK Government Funding for Space Access Programme

Science Minister Amanda Solloway at Reaction Engines. (Credit: Reaction Engines)

SWINDON, UK (UK Space Agency PR) — New government funding will help leading UK space technology company Reaction Engines bring low-carbon space propulsion one step closer.

The £3.9 million [US $5.4 million] grant from the UK Space Agency will support the development of Reaction Engines’ ground-breaking SABRE technology, enabling low-carbon air-breathing space access propulsion technology to be applied more widely in the space sector and beyond.

(more…)

Swedish Space Corporation Invests in GlobalTrust Data Analytics Company

SOLNA, Sweden (SSC PR) — SSC is pleased to announce investment in a new start-up data analytics business with offices in the UK and Sweden to address some of the most crucial environmental and social issues of the time. GlobalTrust will focus on supporting public policy and corporate social responsibility imperatives that are aligned with societies’ expectations and working towards a better and more sustainable planet.

This initiative is being led by SSC and is supported by the UK’s Satellite Applications Catapult – a government established not-for-profit company with its core mandate focused on promoting and enabling industrial growth in the space sector.

(more…)