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British made SABRE jet engine looks to power planes at 5x the speed of sound

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they should do something about the colour scheme
 
REL went bust (as is the way for all innovative British engineering projects) but the IP (presumably followed by the staff) has been bought up by Frazer Nash, a UK subsidiary of the US engineering giant KBR. They're working with ESA to build a flight demonstrator.



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Not sure it has a real future for spaceflight though. SpaceX have shown that you can reuse nearly all of a rocket with vertical landing on a basic concrete pad. An orbital version would need its own (massive) runway well away from settlements due to the noise so would have huge infrastructure costs. I suspect the more realistic applications will be military :(
 
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