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Estes Industries was founded by Vernon Estes in 1958; in 1961, the company moved to a 77-acre tract of land on the outskirts of Penrose, Colorado. [10] [1] In 1969, Vernon sold the company to the Damon Corporation of Needham, Massachusetts, a company which also purchased a number of other hobby companies including a smaller competitor of Estes, Centuri Engineering of Phoenix, Arizona.
Model rocketry is a safe and widespread hobby. Individuals such as G. Harry Stine and Vernon Estes helped to ensure this by developing and publishing the NAR Model Rocket Safety Codes [1] [13] [14] and by commercially producing safe, professionally designed and manufactured model rocket motors.
Quest Aerospace is a company based in Cedar City, UT, United States, that designs and produces model rocket kits.. Quest Aerospace was founded in 1992 by Bill Stine (son of G. Harry Stine) in Pagosa Springs, Colorado, and produces model rocket kits for various skill levels of modelers, from the beginner to the most highly skilled.
Private spaceflight companies include non-governmental or privately-owned entities focused on developing and/or offering equipment and services geared towards spaceflight, both robotic and human. This list includes both inactive and active entities.
Other products include plastic model kits, model rockets, model trains, slot cars, crafts, jigsaw puzzles and games. The company had approximately 850 employees worldwide. [ 1 ] On January 10, 2018, Hobbico filed for Chapter 11 bankruptcy protection and announced the company is for sale.
In January 1996, a leading model toy rocket manufacturer, Estes Industries, purchased Cox Hobbies, Incorporated, and relocated operations from Southern California to the Estes facility in Penrose, Colorado. This signaled a major change in marketing direction for the new company, now known as Cox Models.
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