Complex sentence: Ballistic Recovery Systems (commonly BRS and BRS Aerospace) is a company manufacturer of ballistic parachute for use in light aircraft (Pink Sheets: BRSI) that was formed in 1980 by Boris Popov after he survived a fall in a partly collapsed hang glider in 1975.
Split into simpler sentences: Ballistic Recovery Systems (commonly BRS and BRS Aerospace) is a manufacturer of aircraft ballistic parachutes (Pink Sheets: BRSI). The company was formed in 1980 by Boris Popov after he survived a fall in a partly collapsed hang glider in 1975.