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2023-11-29 12:37:57

Charlie Stross on Nostr: SpaceX Acquires Parachute Maker Pioneer Aerospace for $2.2 Million The rocket company ...

SpaceX Acquires Parachute Maker Pioneer Aerospace for $2.2 Million

The rocket company is acquiring Pioneer Aerospace—which makes parachutes for space vehicles as they return to Earth—for $2.2 million, according to a Florida bankruptcy filing by the parent company of Pioneer.

(Presumably to protect the supply of parachutes for Dragon capsules).

https://www.theinformation.com/articles/spacex-acquires-parachute-maker-pioneer-aerospace-for-2-2-million
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