ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

BRSI Ballistic Recovery Systems Inc (CE)

0.000001
0.00 (0.00%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ballistic Recovery Systems Inc (CE) USOTC:BRSI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

BRS to Develop Whole Aircraft Recovery Parachute for Diamond DA50 Super Star Piston Aircraft

27/04/2007 5:21pm

Business Wire


Ballistic Recovery Systems (CE) (USOTC:BRSI)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Ballistic Recovery Systems (CE) Charts.
Ballistic Recovery Systems, Inc. (OTCBB:BRSI)(BRSparachutes.com), a manufacturer and worldwide supplier of whole-airplane parachute recovery systems for general and recreational aircraft along with Diamond Aircraft manufacturer of full line of general aviation aircraft, announced today that they are working together on the development of a parachute system for the 5 seat DA50 Super Star. If successful, this implementation would represent parachute integration into the largest piston single engine certified aircraft. The system is expected to be available in the 2008 timeframe. “This arrangement, upon completion, will represent another step that will make our vision of parachutes on more airplanes a reality. Our development work in other general aviation programs and our recent R&D efforts helped us to accommodate demands from this next generation piston aircraft” said Larry E. Williams BRS President”. “The DA50 Super Star will be certified to fly without the parachute. A successful program will result in a parachute that will be offered as an option and we are pleased to select BRS as our development partner in the DA50 program,” said Christian Dries, CEO of Diamond Aircraft. In Ballistic Recovery System’s 27-year history, the company has sold over 25,000 onboard emergency parachute systems to aircraft owners around the world, including over 3,300 systems on certified aircraft. BRS units to date have been documented in saving 201 lives. Diamond has previously announced a similar arrangement for development of a system for the D-JET. For more information on BRS contact: Larry E. Williams; BRS, Inc: Fleming Field, 300 Airport Road; South St. Paul, MN 5075; USA (LarryWilliams@BRSparachutes.com) TEL 651.457.7491 ; FAX 651.457.8651 The forward looking matters discussed here should be considered subject to risks and uncertainties, including the growth of the Light Sport Aircraft Markets, the success of our distributor in India, market fluctuations, pricing, procurement, manufacturing efficiencies, the results of litigation and other risks that could cause the actual results to differ materially from those projected. For more information, review the company’s filings with the Securities and Exchange Commission, particularly the Company’s annual report on Form 10-KSB.

1 Year Ballistic Recovery Systems (CE) Chart

1 Year Ballistic Recovery Systems (CE) Chart

1 Month Ballistic Recovery Systems (CE) Chart

1 Month Ballistic Recovery Systems (CE) Chart

Your Recent History

Delayed Upgrade Clock