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Pioneer Aerospace

All articles tagged with #pioneer aerospace

space2 years ago

SpaceX Secures Parachute Supplier for Future Missions

SpaceX has acquired Pioneer Aerospace, a company that provided components for Dragon spacecraft parachutes, out of bankruptcy for $2.2 million. Pioneer Aerospace has a long history of developing parachutes for various applications, including space missions. The acquisition is seen as a move to preserve SpaceX's supply chain and potentially save costs compared to finding a new drogue chute supplier. This acquisition is notable as SpaceX rarely buys other companies.

via SpaceNews|
#acquisition#bankruptcy#parachutes
space-technology2 years ago

SpaceX Invests $2.2M in Parachute Company to Tackle Space Challenges

SpaceX has acquired parachute vendor Pioneer Aerospace for $2.2 million after the company's parent company went bankrupt. Pioneer provides drogue parachutes for SpaceX's Dragon capsules, which are used to transport cargo and astronauts to and from the International Space Station. Parachutes designed for space travel are extremely challenging to manufacture due to the high speeds involved. SpaceX, known for insourcing components, decided to acquire Pioneer to ensure the availability of reliable parachutes for its spacecraft. The acquisition highlights the difficulty of making space-rated parachutes and the importance of vertical integration in the space industry.

via Yahoo! Voices|
#acquisition#parachutes#pioneer-aerospace
spacetechnology2 years ago

SpaceX Acquires Parachute Maker Pioneer Aerospace for $2.2 Million

SpaceX has acquired parachute vendor Pioneer Aerospace for $2.2 million after the company's parent company went bankrupt. Pioneer provides drogue parachutes for SpaceX's Dragon capsules, which are used to transport cargo and astronauts to and from the International Space Station. Parachutes designed for space travel are extremely challenging to manufacture due to the high speeds involved. SpaceX, known for insourcing components, decided to acquire Pioneer to ensure the reliability and timely delivery of the parachutes. The acquisition highlights the difficulty of making space-rated parachutes and the importance of extensive testing in their development.

via TechCrunch|
#dragon-capsules#parachutes#pioneer-aerospace