this post was submitted on 09 Jun 2025
39 points (95.3% liked)

Technology

71517 readers
4899 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
L4s@hackingne.ws
39
The British jet engine that failed in the 'Valley of Death' (www.bbc.com)
submitted 1 week ago by Allah@lemm.ee to c/technology@lemmy.world
4 comments fedilink hide all child comments
 

Richard Varvill reflects on the emotional collapse of Reaction Engines, a UK aerospace firm that developed cutting-edge heat exchanger tech for hypersonic flight.

Originating from the 1980s Hotol project, the company came close to success but failed in late 2024 due to a lack of funding, despite promising tech and support from major investors like Rolls-Royce.

Staff were devastated, with many in tears during the final announcement. Former team members take pride in the innovation and culture, though regret the mission remains unfinished.

The company’s closure highlights the harsh reality of funding gaps in long-term aerospace ventures

“we failed because we ran out of money.”

all 5 comments
sorted by: hot top controversial new old
[–] Allah@lemm.ee 10 points 1 week ago (1 children)

i really wanted a spaceplane, guess we can't have nice things

[–] Lembot_0003@lemmy.zip 2 points 1 week ago (2 children)

Yes, but you can have 14.768 types of smartphones and colourful stickers. Isn't it better?

[–] Allah@lemm.ee 3 points 1 week ago* (last edited 1 week ago)

it also said in the article

What lessons can we draw for other high-tech ventures? "You definitely have no choice but to be optimistic," says Mr Dissel.

it makes sense why people hype up tech, if they all remain down to earth then they won't get any where, i hope more people on internet understood this

a similar adage was said by the planned obsolesce of bulb video of a scientist

[–] Allah@lemm.ee 1 points 1 week ago

but they also stated that

The grim procedure of winding down the business took over as passwords and laptops were collected while servers were backed up in case "some future incarnation of the business can be preserved".

which means maybe there is chance someone might pick it up in future