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SpaceX is buying a company that produces parachutes for spaceships – media

  • November 30, 2023
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Elon Musk’s American company SpaceX is buying Pioneer Aerospace, a maker of parachutes that help Dragon rockets return to Earth. This was reported by Business Insider report from

SpaceX is buying a company that produces parachutes for spaceships – media

SpaceX is buying a company that produces parachutes for spaceships – media

Elon Musk’s American company SpaceX is buying Pioneer Aerospace, a maker of parachutes that help Dragon rockets return to Earth.

This was reported by Business Insider report from Ukrinform.

With this $2.2 million deal, SpaceX saved Pioneer Aerospace from bankruptcy. It was founded in 1938 and has manufactured and supplied parachutes for a number of SpaceX and NASA missions, including several crewed flights to the International Space Station and the OSIRIS-REx mission that returned samples to Earth from a 4.6 billion-year-old asteroid. .

It was stated that the agreement is noteworthy in that it is the first known acquisition of another company since SpaceX purchased the satellite startup Swarm for $ 524 million in 2021.

This comes as SpaceX prepares to play a key role in NASA’s return to the moon; The space agency plans to use the company’s Starship reusable rocket system to deliver astronauts to the moon in 2025 for the first time since 1972.

SpaceX has not yet commented on information regarding the acquisition of Pioneer Aerospace.

As Ukrinform reported, on Tuesday, November 28, the American company SpaceX launched 23 more Starlink internet satellites into orbit.

Photo: NASA

Source: Ukrinform

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