SpaceX to Acquire Pioneer Aerospace | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-09.15.25

AirborneNextGen-
09.09.25

Airborne-Unlimited-09.10.25

Airborne-AffordableFlyers-09.11.25

AirborneUnlimited-09.12.25

Thu, Nov 30, 2023

SpaceX to Acquire Pioneer Aerospace

Spacefaring Parachute Company in Rocketeer's Sights in Rare Purchase

Pioneer Aerospace will be bought up by SpaceX thanks to its parent company's bankruptcy (and the many creditors who appear to be getting screwed over in the process) to the tune of a paltry $2.2 million, bringing the spacecraft parachute specialist under the SpaceX umbrella.

 

The last acquisition by SpaceX came at a much stiffer $524 million, when it bought up satellite network underdog Swarm. They're getting a lot for their money this time around. Pioneer has a storied history that stretches all the way back to its 1938 founding, including a resume of impressive NASA and SpaceX missions.

Pioneer Aerospace just had the unfortunate luck of being acquired by Aviation Safety Resources in June of 2022, a company that 17 months later washed upon the shores of bankruptcy. It's some consolation that they will find themselves comfortably integrated into a like-minded, space-centric bunch at SpaceX. They should prove to be in much better hands than they were with ASR, in any case.

FMI: www.spacex.com

Advertisement

More News

Classic Aero-TV: UAvionix - Transitioning Between Manned & Unmanned Technologies

From 2017 (YouTube Edition): ADS-B For Airplanes And Drones… ADS-B technology developed by uAvionix has come full circle. The company began with a device developed for manne>[...]

ANN's Daily Aero-Term (09.14.25): Dead Reckoning

Dead Reckoning Dead reckoning, as applied to flying, is the navigation of an airplane solely by means of computations based on airspeed, course, heading, wind direction, and speed,>[...]

Aero-News: Quote of the Day (09.14.25)

"The next great technological revolution in aviation is here. The United States will lead the way, and doing so will cement America’s status as a global leader in transportat>[...]

ANN's Daily Aero-Linx (09.14.25)

Aero Linx: The Mooney Mite Site Dedicated to the Mooney M-18 Mite, "The Most Personal Airplane," and to supporting Mite owners everywhere. The Mooney M-18 Mite is a single-place, l>[...]

Airborne-NextGen 09.09.25: Textron Nixes ePlane, Joby L/D Flt, Swift Approval

Also: Space Command Moves, Alpine Eagle, Duffy Names Amit Kshatriya, Sikorsky-CAL FIRE Collab Textron eAviation is putting the development of its Nexus electric vertical takeoff an>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC