THE dream of flying from London to New York City in 60 minutes in a plane that can hit 4,000mph has been dashed after a British hypersonic aviation firm crashed into administration.
Reaction Engine was previously in talks with Whitehall and other shareholders to secure a £20m lifeline amid mounting losses and slow revenue growth.
reactionenginesReaction Engines has entered administration, with PwC named as administrators[/caption] ReactionEnginesThe company was creating a new...