Announced
Financials
Sources
Tags
Acquisition
aerospace engineering
Minority
Private
Friendly
United Kingdom
Aerospace
Single Bidder
Pending
Cross Border
Private Equity
Synopsis
The Strategic Development Fund, an investment management firm, agreed to invest in Reaction Engines, a developer of aerospace engine technology. Financial terms were not disclosed. The technology developed by Reaction Engines has dual use applications and there is potential that sensitive IP could be covertly accessed by hostile actors, leading to military uplift which may present a national security threat to the UK.
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