Reaction Engines
Financials
Estimates*
GBP | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 2.5m | 5.9m | 13.9m | 17.6m | 19.3m | 12.9m | 7.2m |
% growth | 10 % | 134 % | 133 % | 27 % | 10 % | (33 %) | (44 %) |
EBITDA | 6.0m | 5.5m | (3.9m) | (14.9m) | (12.0m) | (12.0m) | (18.2m) |
% EBITDA margin | 237 % | 93 % | (28 %) | (84 %) | (62 %) | (93 %) | (254 %) |
Profit | (6.0m) | (5.8m) | (5.1m) | (16.4m) | (13.7m) | (14.8m) | (19.7m) |
% profit margin | (237 %) | (98 %) | (37 %) | (93 %) | (71 %) | (115 %) | (275 %) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Angel | |
N/A | N/A | Angel | |
N/A | Grant | ||
N/A | Grant | ||
N/A | £60.0m | Grant | |
£20.6m | Early VC | ||
N/A | £60.0m | Grant | |
* | £26.5m | Series B | |
* | N/A | Late VC | |
$88.9m | Grant | ||
£3.4m | Grant | ||
* | N/A | Grant | |
$48.4m | Late VC | ||
Total Funding | €329m |
Recent News about Reaction Engines
EditReaction Engines is a cutting-edge technology company specializing in advanced propulsion systems and sustainable technologies. The company operates in the aerospace and defense markets, serving clients ranging from government agencies to commercial enterprises. Its core product, the SABRE engine, is designed to revolutionize air and space travel by making it more efficient and sustainable. Reaction Engines generates revenue through partnerships, technology licensing, and direct sales of its innovative solutions. The company's business model focuses on leveraging its proprietary technology to create sustainable thermal management solutions and high-speed aircraft propulsion systems. Key clients include aerospace giants like Rolls Royce and defense agencies such as DARPA. Reaction Engines aims to accelerate the world's transition to net zero by applying its space technology to various industries, enhancing efficiency and sustainability.
Keywords: advanced propulsion, SABRE engine, aerospace, defense, sustainable technology, thermal management, net zero, Rolls Royce, DARPA, space access.