BRS Parachute System on Martin Jetpack Personal Flying MachineTest Pilot Airborne with Martin Jetpack

  
    
  
  
    
      Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of 
      whole-aircraft emergency parachute systems, announced today that it has 
      entered into an agreement with Martin Aircraft Company (www.martinjetpack.com) 
      to provide the BRS-patented emergency parachute recovery system for all 
      production model Martin Jetpacks. Unveiled at EAA Oshkosh 2008 on July 29th, 
      the Martin Jetpack will provide unprecedented personal flying freedom to 
      the general public through, in the words of its creator, “the 
      world’s first practical jetpack”.
    
    
      Production versions of the Jetpack will be equipped with a Ballistic 
      Parachute System from Ballistic 
      Recovery Systems, Inc. This system enables the Jetpack pilot to be 
      saved during a catastrophic failure even when flying at a reasonably low 
      altitude. Ballistic parachutes will open and function properly at 
      relatively low altitudes, particularly if the aircraft has some forward 
      speed.
    
    
      BRS will work with Martin Aircraft Company to put to use its 
      considerable engineering know-how in whole-aircraft parachute recovery 
      systems toward a reliable, yet unobtrusive, safety system for this 
      unique platform. “The versatility and proven 
      successful design of our over 29,000 fielded systems to date easily 
      convinced Martin Aircraft that we were the ones they wanted when safety 
      was required for this innovative aircraft”, 
      said BRS CEO and President, Larry Williams. The Martin Jetpack, listed 
      at $100,000 each, is expected to sell between 10-20 units/year once 
      production begins in 2009.