Lindstrand received the Royal Aero Club's Gold Medal from Prince Andrew twice, in 1989 and 1991, and the Royal Aero Club’s Britannia Trophy in 1988.
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He is a recipient of America's highest flying award, the Harmon Trophy, given to him by Vice President Quayle in the White House.
Per Lindstrand also independently operates a separate company, Lindstrand Technologies, 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.