Company Background

The idea was sparked by a California wildfire in the Santa Cruz mountains southwest of San Jose two years ago. Even though he lived a few miles from the danger area, the night skies were red and the ashes were falling on the homestead of Tesla engineer Joshua Resnick. That’s when he started to wonder how unmanned systems, or drones, might be able to help fight fires.

You see, drones as most of us know them are used primarily for data acquisition. Read: cameras. And even at that, they can’t stay in the air for very long, especially with a heavier payload. So Resnick and a few fellow engineers began to think about how this could be changed. As Resnick tells it, “It started as a sketch on a napkin, became a proof-of-concept aircraft, and pretty soon Parallel Flight Technologies was born.”

Today, Parallel Flight Technologies makes drones that lift more and fly longer and can be used for unmanned fire support, medical supply logistics, agricultural applications, and more. The drones sport revolutionary parallel hybrid propulsion systems and carry ten times more heavy loads than traditional drones.


The Future of Parallel Flight Technologies

Parallel Flight Technologies makes drones that lift more and fly longer and can be used for unmanned fire support, medical supply logistics, agricultural applications, and more.

What Interested Investors Need to Know

Three things that investors should take note of:

  1. $10 billion market opportunity for wildlife control in the United States, Canada and Australia alone.
  2. Parallel’s heavy-lift platform combines extreme heavy lifting and long duration. Carries heavy loads for 10x the duration of competitive systems.
  3. Parallel has partnered with NASA and the National Science Foundation, and has been awarded a federal Small Business Innovation Research (SBIR) grant


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