Butler Aerospace Technologies, Inc. (BAT)
BAT was incorporated to help with the development of products that utilize the BAT Sombrero Slider and is a sister company of BPS. The inventor of the slider, Manley C. Butler, Jr., has assigned the rights to the invention to BAT in exchange for a majority percentage of ownership. BAT also has outside shareholders that have invested in BAT for various percentages of ownership. BAT, in turn, has funded some of the development of the BPS HX Series canopies and will receive royalty payments from BPS as slider equipped canopies are sold.
BAT will license the Sombrero Slider technology to other parachute companies in exchange for fees and royalties. Please contact Manley C. Butler, Jr. at BPS for details on licensing arrangements.
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