{"id":177211,"date":"2023-12-01T14:23:29","date_gmt":"2023-12-01T20:23:29","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/12\/spacex-is-buying-a-company-that-makes-parachutes-for-spacecraft"},"modified":"2023-12-01T14:23:29","modified_gmt":"2023-12-01T20:23:29","slug":"spacex-is-buying-a-company-that-makes-parachutes-for-spacecraft","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/12\/spacex-is-buying-a-company-that-makes-parachutes-for-spacecraft","title":{"rendered":"SpaceX Is Buying a Company That Makes Parachutes for Spacecraft"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/spacex-is-buying-a-company-that-makes-parachutes-for-spacecraft2.jpg\"><\/a><\/p>\n<p>SpaceX has quietly swooped in to buy a venerable parachute vendor on the verge of bankruptcy, <a href=\"https:\/\/www.theinformation.com\/articles\/spacex-acquires-parachute-maker-pioneer-aerospace-for-2-2-million\" class=\"\"><i>The Information<\/i> reports<\/a>, in a rare acquisition by the launch provider as it gears up to play a pivotal role in <a href=\"https:\/\/www.nasa.gov\/centers-and-facilities\/marshall\/artemis-iii-nasas-first-human-mission-to-the-lunar-south-pole\/\" class=\"\">NASA\u2019s return to the Moon<\/a>.<\/p>\n<p>The company, Pioneer Aerospace, designs and manufactures parachutes for reusable spacecraft returning to Earth, including SpaceX\u2019s own Dragon capsule used by NASA to ferry astronauts and supplies to and from the International Space Station.<\/p>\n<p>According to a Florida bankruptcy filing by Pioneer\u2019s parent company, SpaceX bought Pioneer for a bargain-basement $2.2 million, approved by a judge on November 22. The move wasn\u2019t reported until this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX has quietly swooped in to buy a venerable parachute vendor on the verge of bankruptcy, The Information reports, in a rare acquisition by the launch provider as it gears up to play a pivotal role in NASA\u2019s return to the Moon. The company, Pioneer Aerospace, designs and manufactures parachutes for reusable spacecraft returning to [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1514],"tags":[],"class_list":["post-177211","post","type-post","status-publish","format-standard","hentry","category-space-travel"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/177211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=177211"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/177211\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=177211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=177211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=177211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}