Announcement
03 Sep 2014
On 14 August 2015, the European Commission decided not to raise objections against a direct grant of GBP 50 million by the British government to Reaction Engines Limited in order to develop a reusable rocket engine.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Apr 2015
Revocation date:
31 Dec 2017
Updated: 03 Sep 2014
Financial grant
According to the UK, the "The beneficiary of the aid is Reaction Engines Limited ("REL"), a medium-sized company established in the UK. [...] The company is seeking to develop SABRE de...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.