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Reaction Engines
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Developer of next-generation aerospace engines

Founded in 1989
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Abingdon, United Kingdom
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Updated by Cleantech Group on 03/09/2022

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Date Partner Type
11/08/2021
IP Group IP Group
Reaction Engines, IP Group and the UK’s Science and Technology Facilities Council are setting up a joint venture company to design and bring to market an ammonia cracker reactor that can be retrofitted to aircraft engines which will enable the use of ammonia as a fuel in aircraft.
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Confirmed by IP Group
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IPO INFORMATION

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Date Investors Type Amount
04/12/2018 BAE Systems BAE Systems , Baillie Gifford Baillie Gifford , Woodford Investment Management Woodford Investment Management , Boeing HorizonX Boeing HorizonX , Rolls-Royce Rolls-Royce (5)
Post-money valuation of
The company will use the funds for the development of a new class of aerospace engine and to accelerate its commercialization plans.
Growth Equity $37,927,092
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