Company type | Public |
---|---|
OTCQX: BRSI | |
Industry | Aerospace |
Founded | 1980 |
Founder | Boris Popov |
Headquarters | , United States |
Key people | Larry Williams (CEO and president) Gary Moore (vice president, Sales & Marketing) Dave Blanchard (vice president, Operations) |
Products | Parachute systems |
Website | www.brsaerospace.com |
Ballistic Recovery Systems, Inc., doing business as BRS Aerospace (and commonly referred to as simply BRS), is a manufacturer of aircraft ballistic parachutes.
The company was formed in 1980 by Boris Popov of Saint Paul, Minnesota, after he survived a 400-foot (120 m) fall in a partially collapsed hang glider in 1975. As a result, Popov invented a parachute system that could lower an entire light aircraft to the ground in the event of loss of control, failure of the aircraft structure, or other in-flight emergencies.[1]
Popov was granted a U.S. patent on 26 August 1986 for the so-called Ballistic Recovery System (BRS) - patent US 4607814 A.[2]
The company has two divisions: BRS Aviation and BRS Defense.[3][4]