Overview
Description
Ballistic Recovery Systems Inc. is a publicly traded aerospace manufacturer specializing in advanced parachute safety solutions. Founded in 1980 and headquartered in South Saint Paul, Minnesota, the company is recognized for developing whole-aircraft ballistic parachute systems. These systems are engineered to rapidly deploy via rocket, enabling the controlled descent of an entire aircraft in emergencies such as loss of control or structural failure. Ballistic Recovery Systems serves three primary sectors: aviation, defense, and space. In the aviation segment, it provides parachute recovery systems for general aviation, recreational, certified, and experimental aircraft, including collaborations with major aircraft manufacturers. The defense division supplies personnel parachutes, precision-guided aerial delivery systems, and unmanned aerial vehicle safety systems. In the space segment, the company designs entry, descent, and landing systems for both manned and unmanned missions. Ballistic Recovery Systems is widely regarded for pioneering life-saving safety innovations and maintaining a leadership position in the global market for emergency recovery technology for aircraft and aerospace vehicles.
About
CEO
Mr. Fernando de Caralt
Employees
0
Address
380 Airport Road
South Saint Paul, 55075, MN
United States
South Saint Paul, 55075, MN
United States
Phone
651-457-7491
Website
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
MIC code
PINX