With Swedish aircraft engineer and entrepreneur, Håkan Colting, he formed Colting Balloons which operated in
Ireland from 1976. In 1978 the company moved to
Oswestry,
England, to be closer to major markets in the
UK and
Europe. When Håkan Colting moved to
Canada, Lindstrand continued to run the renamed Colt Balloons (later Thunder & Colt Balloons after acquiring UK-based Thunder Balloons). In December 1991 Lindstrand founded
Lindstrand Balloons Ltd. and later created a specialized aerospace company, Lindstrand Technologies Ltd. (both based in Oswestry) to manufacture and repair
aerostats,
airships,
gas balloons, passenger-carrying tethered aerostats and other fabric engineering products including architectural structures, innovative fire-safety devices for road tunnels and inflatable flood defence barriers. In 2002, Lindstrand Balloons was asked to manufacture the complex parachute for the
Mars lander,
Beagle 2. Beagle 2 was launched in June 2003, but supposedly failed to land successfully on the
Planet Mars on
Christmas Day 2003. However, in January 2015 it was located on the surface of Mars in a series of images from NASA's Mars Reconnaissance Orbiter HiRISE camera. The images suggest that it landed safely, but two of the spacecraft's four solar panels failed to deploy, blocking the spacecraft's communications antenna. Lindstrand Balloons, in partnership with
Daimler Chrysler Aerospace of
Germany, was awarded a design contract by the
European Space Agency to develop a high altitude long endurance airship for possible use in the telecommunications market. Resulting from this, Lindstrand was awarded the German-based
Korber Prize for engineering excellence. == Record flights ==