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-12.22.25

AirborneNextGen-
12.23.25

Airborne-Unlimited-12.10.25

Airborne-FltTraining-12.18.25

AirborneUnlimited-12.19.25

AFE 2025 LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

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

Aero-TV: DeltaHawk’s Diesel Power Steps Into the Spotlight

Its Offerings Are Lighter, Cleaner, and Now Pushing Past 1,000nm on SAF Jet Fuel DeltaHawk’s diesel-powered aircraft lineup has seen incredible upgrades over the last few yea>[...]

NTSB Prelim: Mooney Aircraft Corp. M20K

The Airplane Experienced A Total Loss Of Engine Power On December 3, 2025, about 1600 central standard time, a Mooney Aircraft Corp. M20K, N57229, was substantially damaged when it>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Linx (12.20.25)

Aero Linx: European Society of Aerospace Medicine (ESAM) As a pan-European, independent forum, it works to promote the safety and health of all persons involved in aviation and spa>[...]

Aero-News: Quote of the Day (12.20.25)

“We are excited to see Wisk achieve this milestone, and I’m so proud of the team that made it possible. The team at Wisk has built advanced technologies across flight c>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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