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Reaction Engines' Breakthrough, Pennant CFO Resignation, and Meachers Global's Major Investment
Manage episode 434506123 series 3522529
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These are the top stories making the headlines across The Business Magazine website today:
Reaction Engines achieves precooler tech milestone at Abingdon HQ
Reaction Engines has demonstrated a significant breakthrough by successfully integrating its precooler technology with a Rolls-Royce jet engine, achieving sustained Mach 3.5 conditions, at its Abingdon headquarters, proving a critical component of their advanced propulsion system concept.
Full story here: https://thebusinessmagazine.co.uk/technology-innovation/reaction-engines-achieves-precooler-tech-milestone-at-abingdon-hq/
Cheltenham's Pennant International finance boss resigns
Michael Branson, the Chief Financial Officer of Cheltenham-based, AIM-listed Pennant International, has resigned immediately to pursue other opportunities, prompting the company to initiate a search for his replacement and appoint an interim finance executive.
Full story here: https://thebusinessmagazine.co.uk/technology-innovation/cheltenhams-plan/
Hampshire logistics firm Meachers makes £1m fleet investment
Meachers Global Logistics in Hampshire has invested over £1 million in purchasing ten trailers and six tractors, with six trailers featuring dual branding with their customer Prysmian Cables and Systems.
Full story here: https://thebusinessmagazine.co.uk/companies/hampshire-logistics-firm-meachers-makes-1m-fleet-investment/
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