Aviation Safety Resources (ASR) announced the acquisition of Pioneer Aerospace, a specialist of whole airframe emergency parachute recovery systems. ASR plans to rebrand Pioneer Aerospace to ASR-Pioneer. Pioneer Aerospace’s product line includes payload delivery deceleration equipment, recvery systems, and kits to support specialized programs ranging from aviation to space projects.

ASR hopes that the new company ASR-Pioneer will capture the growing eVTOL market and new light airplane models. In August 2020 Bye Aerospace, the developer of eFlyer series electric airplanes, signed up ASR for the deveopment of the whole aircraft parachute recovery systems.