The document discusses Reaction Engines Ltd.'s Skylon spaceplane project. It provides details on Skylon's specifications and capabilities of transporting payloads to low Earth orbit and geostationary transfer orbit. It also describes the SABRE engine being developed to power Skylon, including progress on the pre-cooler technology and testing. The UK government awarded Reaction Engines £60 million in 2013 to further develop the SABRE engine.