Air taxi and flying car parachute manufacturer Aviation Safety Resources has announced today it is expanding and moving its corporate headquarters to Stanford, Kentucky, USA. It will open a new 12,000 square-foot manufacturing and assembly facility there.
ASR designs, tests and produces whole-aircraft emergency recovery parachute systems designed to safely bring down an entire aircraft and its occupants in the event of a mid-air emergency. “The company is poised to disrupt the market for whole-vehicle recovery systems with an innovative approach and new technologies that will revitalize, reinvent and transform aviation safety with a series of new products and engineering services,” says the company in a press statement.
“ASR is the first company to offer the next generation of vehicle recovery systems specifically designed to meet the safety needs of the emerging flying car market,” said Larry Williams, ASR president and CEO. “Our expansion into Central Kentucky represents an important step in our continued growth and we are extremely proud of the talented team that will launch these new facilities.”
The ASR facilities will be located at the Lincoln Business Park and is scheduled to open in September 2019. The location is within a designated Opportunity Zone, a new federal community investment program that connects private capital with undercapitalized communities across America.
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