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-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

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

NTSB Final Report: Aviat A1

Airplane Bounced About 3 Ft Then Touched Back Down And Then, With No Brakes Applied, The Airplane Began Veering To The Left Analysis: The pilot entered the airport traffic pattern >[...]

ANN's Daily Aero-Linx (07.08.25)

Aero Linx: British Microlight Aircraft Association (BMAA) The primary focus within all aviation activity is SAFETY. In all aspects of our sport SAFETY must come first, whether it b>[...]

Classic Aero-TV: Fly Corvair’s Reliable Engine Alternative

From SnF25 (YouTube Edition): William Wynne Builds Practical Aircraft Engines on the Corvair Platform Seeking an affordable alternative to the traditional aircraft engine options, >[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

Classic Aero-TV: CiES Fuel-Quantity and e-Throttle Systems Praised

From 2023 (YouTube Edition): Bridge of CiES CiES Inc. is a Bend, Oregon-based designer and manufacturer of modular embedded aircraft systems and sensors. The company’s fuel-l>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 07.11.25: New FAA Bos, New NASA Boss (Kinda), WB57s Over TX

Airborne-Flight Training 07.10.25: ATC School, Air Race Classic, Samson School

Airborne 07.09.25: B-17 Sentimental Journey, Airport Scandal, NORAD Intercepts

See All

Advertisement

Podcasts

Advertisement

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