Some sad news this morning for those who appreciate pushing the boundaries of science in pursuit of speed: the Bloodhound SSC project, a rocket car that’s been aiming to hit the 1,000 mph land record for years now, is dead. The project had been strapped for cash for some time and now won’t be moving forward after being unable to secure a large investment. This news comes to us from the UK’s Sky News and the BBC, which report that the £25 million investment sought by the project didn’t come through, forcing it into closure. Via Sky News: The additional money would have been used to take the jet-powered vehicle to the next stage of its development, including trials at 500mph, 800mph and finally 1,000mph. But joint administrator Andrew Sheridan said on Friday: “Since the company entered into administration we have worked tirelessly with the directors to identify a suitable individual or organisation who could take the project forward. “Despite overwhelming public support, and engagement with a wide range of potential and credible investors, it has not been possible to secure a purchaser for the business and assets. Sheridan told the news outlet that the remaining assets of the project will be sold to pay off creditors and that third-party equipment will be returned. The project originated in the mid-2000s with two land speed record veterans at the helm, Richard Noble and Andy Green, the latter of whom was a Royal Air Force fighter pilot and drove the first supersonic… [Read full story]
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