Lindstrand Balloons was known for its leading-edge engineering, which included sophisticated testing and production facilities[citation needed].
Per Lindstrand played an instrumental role in making these flights possible[citation needed], and was pilot for all of them.
Cameron bought the majority stake in Lindstrand Balloons from Rory McCarthy, a British industrialist associated with Richard Branson, who had invested in Lindstrand to support Branson's series of record-setting balloon flights.
Despite Cameron's ownership, Lindstrand Balloons continued to operate as an independent company with separate management and its own distinct designs and products.
Lindstrand Technologies Per Lindstrand independently operates a separate company, which designs and builds gas balloons, innovative buildings, specialized aerospace equipment (including an advanced parachute for the Beagle 2 Mars-lander) and cutting edge inflatable structures including aircraft hangars, plugs for fire-containment for road tunnels and flood prevention systems.