Klipsch was the owner, president, and chief engineer of Klipsch Audio Technologies. The Klipschorn, developed in 1945, is still in production and is the longest running loudspeaker in the audio market. Klipsch received countless awards including the Science & Industry Hall of Fame with the likes of Alfred Einstein. He is a Fellow at the Audio Engineering Society, IEEE Acoustical Society of America, received the 1978 AES Silver Medal and in 1984 was inducted into the Audio Hall of Fame.