This is an English translation of E579 in which the introductory remarks are in French, while Eulers original text is in Latin. By considering the balance of forces acting on a raising balloon on an isothermal atmosphere, namely the weight of the balloon, the buoyant force, and the aerodynamic drag force, Euler provides closed formulas for the calculation of the maximum altitude reached by the balloon, the altitude for which the velocity is maximum, the maximum velocity attained by the balloon, and the total ascending time.