14 jun 2026
Undisclosed buyer finalises deal for Reaction Engines’ assets
Industry interest is likely to centre on collapsed developer’s thermal management technology and patent portfolio. An undisclosed buyer has snapped up the intellectual property of UK hypersonic propulsion developer Reaction Engines, the company’s administrators have disclosed. Reaction collapsed in October 2024 and insolvency specialists from PwC were appointed to handle the firm’s winding up and the realisation of its assets. A sale process had been ongoing and the administrators had in June last year flagged that they had selected a preferred bidder.
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