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The Bloodhound SSC hoped to be the world speed record holder, declaring in 2015 that they hoped to make an attempt the following year. But that was not the case, although the Bloodhound did some low-speed runs at an airport last year. According to the BBC, the company says it needs 25 million more pounds to complete its work.
Bloodhound Program Ltd is already "under administration" after being short of money or the British equivalent of bankruptcy. But officials told the BBC that a wealthy person or other company could bail them out at any time and continue to realize their dream.
The Bloodhound SSC was built in 2015 and is powered by a Eurofighter jet powered by Rolls-Royce. A rocket was built by a Norwegian company – and used successfully for the first time last month – to propel the thrust of Bloodhound SSC on the wall of sound. But the BBC reports that the entire project could be set aside "in the coming weeks" if the team does not get their money.
The project was originally expected to cost £ 60 million or about $ 78 million at current exchange rates.
"Once we have the funds in place, or at least we will have visibility, and the team will be back in the building, we will be ten months later in South Africa," said Mark Chapman, chief engineer of Bloodhound. "We are so close. This is a huge opportunity for a world exhibition. Nammo's use of this engine was really important, really impressive. "
A new attempt to move to 500-600 mph could occur as early as 2020 with this money, while an attempt to exceed 1,000 mph could culminate the following year, both in South Africa. It turns out today marks the 21st anniversary of the 763.035-mph SSC Thrust in the Black Rock Desert, a speed that has not been surpassed. This project was led by Richard Noble and Andy Green, both of whom have the same role in the Bloodhound SSC project.
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