Reaction Engines, backed by Rolls Royce, in search for additional funding

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British Company Seeks New Funding to Pave the Way for Hypersonic Flight Reaction Engines, a British company at the forefront of developing hypersonic flight technology, is facing a cashflow crunch and is in the process of raising new capital. The Oxfordshire-based company, which boasts big-name backers such as Boeing, Rolls Royce Holdings, and BAE Systems, has appointed advisory firm Silverpeak to…

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