Drone with hose

Parallel Flight Launches Vehicle and Funding Campaign

Today Parallel Flight Technologies (www.parallel.aero) announced that they have successfully flown their novel parallel hybrid multirotor for the first time. The patent-pending technology will allow multi-rotor drones such as quad-copters to fly for hours while carrying their own mass in payload. Parallel anticipates a 10X improvement over all-electric systems in terms of flight-time while carrying a heavy payload. The company is planning on deploying the technology for firefighter support, rural unmanned logistics, and agricultural applications.

In its maiden flight, Parallel’s UAV lifted a couple of heavy duty chainsaws, which will not be an uncommon delivery while fighting a fire in the middle of a remote forest.

“We’re very excited that our prototype is finally off the ground and proving to be every bit as effective for payload and duration as we imagined it in our drawing board. We are also excited to be kicking off joint demonstration missions with our early partners in 2020. We, as a company, are ready to move to the next phase.” Said Joshua Resnick, CEO of Parallel Flight Technologies.

Parallel is also kicking off an equity crowdfunding campaign with Startengine. “We are very excited about the opportunity for the public to invest in a solution that will save lives, property, and the environment.” Joshua said.

The campaign can be accessed at https://www.startengine.com/parallel and includes a video of the team and the aircraft in action.

Parallel Flight Technologies anticipate their first commercially available aircraft to be in beta programs with customers in late 2020.

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