History
BRS was founded in 1980 and introduced its first parachute model two years later in 1982, focussing on the ultralight aircraft market. The company recorded its first save in 1983, Jay Tipton of Colorado.
In 1998 the company collaborated with Cirrus Design to develop the first recovery parachute system to be used on a type certified aircraft, the Cirrus SR20. In 2002 the company received a supplemental type certificate to install their parachute system in the Cessna 172, followed by the Cessna 182 in 2004 and the Symphony SA-160 in 2006.
In response to the 2008 economic crisis and associated falling orders, the company announced in November 2008 that it would lay-off 25% of its workforce for an indefinite time period.
Read more about this topic: Ballistic Recovery Systems
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