Will Provide 'Chutes For Indus LSAs And Indian Aircraft;
European Repack Facility
Ballistic Recovery
Systems, Inc. announced this week they have entered into a
non-exclusive Distribution and Development Agreement with Indus
Aviation, Inc. of Dallas, TX to install parachute recovery systems
on their US delivered Light Sport Aircraft models -- the T-211
Thorpedo (below) and T-11 Sky Skooter. BRS also signed a dealer
agreement to supply BRS parachute recovery systems for other
personal and training aircraft in India, the world's second-most
populous nation.
"India has a personal aviation growth market and we're taking a
leadership position having put together a group of products and
technologies that will have strong demand," said Indus Aviation
President Dr. Ram Pattisapu, MD. "It's clear that BRS parachutes
are key to promoting aviation safety, and their installation on our
aircraft will in turn allow us to increase sales. We are proud and
excited to be the first company that will introduce the BRS
airframe parachute technology in the newly emerging India
market."
A second agreement, made with a Germany-based recovery parachute
repack operation, has resulted in a four-year contract to provide
support and service for all BRS recovery parachutes imported into
Germany.
The Speyer parachute repack facility will now import BRS
recovery parachutes and rockets into Germany, as well as provide
service and support for systems in Europe. BRS believes that this
agreement holds enormous economic potential, as Germany requires
whole airframe recovery parachutes on all micro light aircraft.
"With the signing of these new agreements, we believe that BRS
is in a strong position to leverage the opportunities increasingly
available in the growing global market," said BRS Vice President of
Sales John Gilmore. "We are confident and pleased to be well poised
to take advantage of our strategic alliances and the governmental
regulations that strengthen our leadership in the industry, and
also encourage the necessity of parachute recovery technology."
More than 5,000 BRS equipped aircraft are flying in the European
continent, all of which require scheduled repacking and inspection
as part of maintaining their airworthiness certification.
In its 25-year history, BRS has sold over 20,000 onboard
emergency parachute systems to aircraft owners around the world,
including over 2,350 systems on certified aircraft like the Cirrus
Design SR series.
BRS units to date have been documented in saving 187 lives, with
14 of those in certified aircraft.