Hot-air balloon hits radio tower near Albuquerque Balloon Fiesta

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A hot-air balloon hit a radio tower causing it to collapse near Balloon Fiesta Park on Friday morning.

Here's everything we know -- and what we don't know -- about the incident.

A balloon hit a KKOB radio tower on Friday morning during the special shapes mass ascension and competition flying.

Officials evacuated homes near the radio tower as a safety precaution. No mandatory evacuations are in effect.

There are no known injuries in the incident.

The balloon was flying banner #028, which is identified as the Blue Moon balloon. The pilot of the balloon is Dan Ewer from Tucson, Arizona.

Witnesses tell KOAT that the balloon hit the tower and continued flying.

The balloon continued to fly after striking the tower. That balloon has since landed.

Yes. Twenty years ago Friday a Smokey Bear hot air balloon slammed into a radio tower near Balloon Fiesta Park.

Two children and pilot Bill Chapel were on board, and onlookers were terrified the three would be electrocuted.

Emergency workers cut off the power to the tower. The nervous children, along with Chapel, made it onto the tower and began making their way down. A cherry picker was there to help get them safely on the ground. It took nearly 9 hours to untangle the balloon. The accident destroyed the balloon, but Chapel and his crew raised enough money to buy another one the following year.