BBC reports that BAE Systems has purchased a 20% stake in a
company developing a radical engine that could propel aircraft into space. BAE
has paid 26 million dollars for the 20% stake in Reaction Engines, a company
that is known for its rocket jet engine called Sabre. Rocket Engines hopes to
develop a device that increases the efficiency of the launching of rockets.
This efficiency is cutting the cost that it takes to launch them in the first
place.
This latest innovation is again focused on the cost cutting
aspect that small satellites are providing companies as well as public
nonprofits and government sectors. This innovation allows for companies to
launch satellites into space at a fraction of the normal cost. Rather than
focusing on customization of experience such as Rocketlabs and their rocket
seat reservation program, Reaction Engines is aiming to design a more efficient
vehicle for launching small satellites.
With more companies pouring money into these new ventures
for engines, and customer satisfaction for the space industry, it will be
interesting to see which trend starts to take over. However, one can’t deny
that the benefits of small satellites are influencing many of these investments
and innovations.
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