Daniel Zeichner – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Daniel Zeichner on 2016-09-12.

To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reason the Government’s £60 million investment in Reaction Engines to help support the development of SABRE, as announced on 16 July 2013, has been delayed.

Joseph Johnson

The announcement in July 2013 was an in principle decision to fund, subject to the development of a suitable business case. The reason the funding was not disbursed sooner was because Reaction Engines had not produced a business case that met the Government’s requirements.

The funding for SABRE was confirmed to Reaction Engines as a grant in December 2015, and milestone payments began in April 2016.