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Saving lives, property, and the environment

We’ve created proprietary Parallel Hybrid Electric Multirotor (PHEM) drone technology that allows drones to carry heavy payloads exponentially longer than current technology. This makes it ideal for use in fighting wildfires, search and rescue, medical, and logistics missions. Our unmanned, autonomous aircraft open new possibilities for the safety of first responders and many other commercial applications.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$1,228,668.65 Raised

Reasons to Invest

  • Large Market Potential: Operating between 3 large industries. $65B Industrial Logistics + $20B Healthcare + $10B Wildfire Suppression markets.
  • Strong Team: CEO is a former Tesla Semi-Truck electrical engineering leader. Founding team has deep robotics experience from Verb Surgical, drone swarm work with the Navy, and machine vision expertise.
  • Advisors/Investors: Cadre of expert advisors from the aviation and wildfire sectors who see drones as the future of flight and service.
  • Innovative Technology: NASA, NSF and USDA funded, exponentially longer flight times with a heavy payload vs. existing technology for unmanned aircraft.

“Heavy Lift + Longer Flight Times”

*Aircraft is in prototype phase, Firefly is not currently available on the market.

Success since our last raise

Since our last offering, Parallel Flight has reached multiple milestones: 

  • Our ongoing test program is flying our drones fully autonomously with up to 100lbs of payload.
  • We have increased customer traction with over 30 LOI’s signed valued at 60 million in estimated revenue based on all orders being completed and fully executed.*
  • We are launching Parallel Flight Europe BV, a Drone as a Service (DAAS) company in Europe.
  • Successfully identified simulation and control methods for our Parallel Hybrid Electric Multirotor (PHEM) UAS Under an NSF Phase 1 grant and laid the foundation for our advanced simulation training project.
  • Submitted an NSF Phase 2 proposal to build first of its kind robust  advanced simulation development and customer training capabilities for UAS pilots in partnership with Drone Amplified, Grayback Forestry, Colorado Center of Excellence, and the Department of Interior’s Office of Aviation Services.
  • Under an active USDA Phase 2: Ongoing integration with Drone Amplified's scaled-up IGNIS device in order to deliver an unmanned aerial controlled burn solution with 10x the acreage burn capabilities.
  • Entered agreement with Lift Aircraft for the hybridization of their manned HEXA platform.
  • Invited by the Air Force Agility Prime program to submit a Direct to Phase 2 proposal to hybridize eVTOLs.
  • Selected as the drone of choice for Project Vesta: a rapid wildfire detection and response pilot project led by the Naval Postgraduate School, focused on integration of numerous innovative fire technology partners.

Addition of new team members + advisors: 

  • Chris Krajewski, Adviser - 30+ years of aviation and energy leadership and former Senior Executive with CHC Helicopters - Leading Parallel Flight’s new European subsidiary
  • Russell Hill, Chief IP Counsel - Former CHC Helicopters Chief Compliance executive, VP Legal & Chief IP Counsel for Lenovo, Deputy General Counsel for Logitech
  • Dorian West, Adviser - Former Tesla Director of Engineering
  • Al Schoepp, Adviser - Product and technology development engineer in industrial robotics

*Please note that LOIs are not an official offer, are non-binding, and that all details would need to be negotiated and executed through a formal Purchase (or other) Agreement.

The Problem

Today's drones can only carry a heavy load for 15 minutes

Electric drones can only fly for fifteen minutes when carrying a heavy payload. Existing gas-powered drones have the ability to fly longer, but are not designed for heavy payloads. Ongoing and dangerous problems, like the wildfire crisis, could seriously benefit from the use of drones, but need long flight-time and heavy-lift.  The Forest Service, military, and private companies are actively looking for heavy lift solutions for wildfire, search and rescue, healthcare and industrial logistics, but the existing solutions are too limited in terms of flight duration and payload. 

The Solution

Our new Parallel Hybrid drone can fly for hours with a heavy payload

Our new Parallel Hybrid technology is an exponential improvement over existing solutions in terms of flight-time with a heavy payload. Our Parallel Hybrid system increases efficiency and eliminates the large battery used in other hybrids. This means higher efficiency and more payload capability. Parallel hybridization is used in the automotive world, but has never been applied to drones, until now.

What We Do

Our autonomous drones deliver heavy payloads with precision and speed

Our heavy-lift unmanned aircraft are programmed from a ground station, and then autonomously perform the mission. The aircraft can also be remote-controlled by a pilot. Because our technology greatly expands the flight-time and payload capability of drones, there are many use-cases including firefighting, agriculture, search-and-rescue, medical delivery, and logistics. Performing these missions autonomously will increase safety and reduce cost.

Hybrid Propulsion for Next Gen Aircraft

Parallel Flight’s core Parallel Hybrid technology can be customized for next generation aircraft. We are partnering with LIFT Aircraft to develop a hybridization solution for Lift’s HEXA platform, which is currently all-electric. 

HEXA's 2019 test flight as featured in Reuter's

HEXA currently flies for less than 15 minutes but will be able to fly for hours once hybridized with our technology. Expanded applications for the LIFT Hexa after hybridization will include manned search and rescue, enhancing first responder capabilities by allowing for substantially quicker response times to remote locations; as well as considerable increases in useful flight durations and ranges for different military platforms.

The Market

$10B, $20B, and $65B Markets

The market for wildland firefighting is $10B in the USA, Canada, and Australia and is growing by around 10% per year (source).The healthcare logistics sector is estimated to reach $20B by 2025 and the industrial logistics market should reach $65B by 2025 (source). Our technology has the potential to transform all of these markets. It will enable heavy lift and long-range Beyond Visual Line of Sight (BVLOS) applications across multiple industrial logistics verticals, providing advanced solutions for infrastructure, renewable energy, construction, environmental protection, and remote logistics. In the complex healthcare logistics space, our technology will be ideal for the delivery of critical medication, vaccines, medical equipment, biospecimens, and equipment such as defibrillators. By partnering with companies across various industries, Parallel Flight can provide full-stack solutions to multiple worldwide markets.

We will begin by fighting wildfires

Our initial market is wildland firefighting support. Wildfires are an urgent public safety crisis that has been exacerbated by environmental problems. Every year, thousands become victims of wildfires and there is a constant search for new technology that will help combat these fires. Our UAS will provide enhanced proactive prescribed burn capabilities for fire prevention, as well as crucial staging and tactical resupply of hoses, tools, fuel, food, water, ect. for firefighting personnel on the front lines battling wildfires. Our aircraft will also be able directly drop water and retardants on or around spot fires when manned aircraft are grounded due to heavy smoke or during the night. Our UAS can perform the “dark and dangerous” missions that include low and slow flying operations, night operations, and low visibility operations through smoke or fog that put pilots and personnel of manned aircraft at highest risk.  Our goal is to provide the wildfire community with additional aerial support capabilities so that fire bosses can keep their aircrews safe.

*Aircraft is in prototype phase, Firefly is not currently available on the market

Our Traction

Global market penetration

*Aircraft is in prototype phase, Firefly is not currently available on the market.

Parallel Flight is on its way to penetrating a global market. Our pipeline has multiple customers worldwide, with signed LOI’s valued at $60 million in estimated revenue based on all orders being completed and fully executed.* Applications for our first customers include wildfire applications and industrial logistics missions.

*Please note that LOIs are not an official offer, are non-binding, and that all details would need to be negotiated and executed through a formal Purchase (or other) Agreement.

*Aircraft is in prototype phase, Firefly is not currently available on the market

In addition to private customers, we have received grants from NASA, NSF, and the USDA. Our 4th and most recent Federal Grant is a Phase II USDA grant for Parallel Flight to continue developing a large scale unmanned system for prescribed fire for land management and active wildfire fighting. Working with our payload partner we have made significant progress by designing a solution with 10x the acreage burn capabilities of existing prescribed burn solutions. This is a key land management tool for removing combustible fuels and preventing wildfires. It is also used for fighting wildfires by creating fire breaks. 

Annual federal spending on prescribed burning has averaged around $500 million through 2020 ( source), with potential to increase based on legislative initiatives and regulatory easing nationally, specifically in California ( source). Several helicopter pilots have tragically died over the years in these missions, so the agencies are beginning to use drones, but they need aircraft with larger payloads and longer flight times.

Parallel Flight is pursuing both the Prescribed Burn and Fire Suppression Market

International Operations

Parallel Flight plans on being an international drone service provider. We are currently forming a subsidiary, Parallel Flight Technologies Europe BV, in the Netherlands to serve customers in the European market. This organization is currently bidding on contracts with major wind power companies for servicing wind turbines. We will use our aircraft to deliver tools and supplies to the top of turbines during maintenance. Parallel Flight Europe is led by Chris Krajewski, a seasoned helicopter executive, with global operational experience.

Chris' career spans over 35 years in the aviation and energy markets, including 24 years at CHC Helicopters, one of the largest helicopter operators worldwide. During his time at CHC, Chris held senior leadership positions in the operations and commercial departments, directing business units in Brazil, Europe, Africa, the Middle East, Australia and Asia-Pacific. He led global business development initiatives with a focus on pursuit of diversification into new markets and spearheading initiatives to enter new verticals. Chris can open doors of opportunity on nearly every continent with contacts at the highest levels in aviation, oil and gas, offshore wind, and defense.


In tandem with key government partners, Parallel Flight is actively engaging with strategic Industry partners to address various needs spanning across multiple verticals. Here are some highlights:

Drone Amplified: Creator of IGNIS, the first drone-based aerial ignition system and the only drone-based plastic sphere dispenser (PSD) device approved for interagency (federal) use by the National Wildfire Coordinating Group (NWCG) . The latest version of  IGNIS (2.0) can burn about 250 acres while carried by a DoD Category 2 drone. IGNIS has been deployed on major fires in Oregon, Alaska, New Mexico and elsewhere with impressive results, dropping over a half million balls during the 2020 fire season. Drone Amplified has partnered with PFT under an active USDA Phase 2 grant to integrate a scaled-up version of IGNIS with Firefly to create a controlled burn solution capable of burning thousands of acres in a single flight.

Grayback Forestry: Located in Oregon and Montana, Grayback is a founding member of the National Wildfire Suppression Association and was the first private firefighting contractor to successfully deploy a drone-based aerial ignition system on a fire, IGNIS. Grayback has agreed to partner with Parallel Flight Technologies to develop and evaluate advanced simulation training capabilities for soon-to-be Firefly pilots.

Island Conservation Group: Headquartered in Santa Cruz, CA, the IC is an international non-profit that is on the front lines of preventing extinctions and working to expand the boundaries of island conservation efforts worldwide. Parallel Flight is enthusiastic to work with IC to pioneer drone-based applications that enable safer and more effective methods to protect endangered island species from the threats of invasive species.

Colorado Center of Excellence: Known as the go-to research and development team for projects across the public safety service spectrum, The Center of Excellence for Advanced Technology Aerial Firefighting (CoE) drives technological advancements to improve firefighting practices and influence innovation across the public safety community. CoE has agreed to partner with Parallel Flight Technologies to develop and evaluate advanced simulation training capabilities for soon-to-be Firefly pilots and support the safe introduction of the transformative technology to the fire fighting community.

SkyTEM Surveys: Headquartered in Denmark, SkyTEM is a leading airborne geophysical survey company focusing on the detection of subtle variations in conductivity/resistivity, making it possible to deliver accurate high resolution images of alternations in the Earth. Parallel Flight technology can be of assistance in sensors for aquifer and resource mapping.

Allied Disaster Defense: Allied Disaster Defense (ADD) offers long term fire retardant and home hardening solutions through applying Phos Chek and other innovative products designed to reduce or eliminate the cause of most property damage in wildfires. ADD's team of Wildfire Experts use their experience fighting and preventing fire to conduct risk assessments to ensure property is held at the highest standard from CALFire and the NFPA. ADD and PFT have begun exploring the use of UAS and innovative aerial fire  technologies to enhance the delivery of home hardening and risk reducing solutions to ADD customers.

Parallel Flight’s Unmanned Aircraft Systems are undergoing extensive testing

Parallel Flight drone executing a speed test trial at PFT headquarters

Our Unmanned Aircraft are undergoing extensive testing to ensure reliability and compliance with FAA certification requirements.

  • Dedicated flight crew flying autonomous missions twice a week
  • New test cell under construction to run 8X power modules continuously
  • Bringing in seasoned aviation professionals to ensure Safety & Quality as well as regulatory compliance

Test Engineer Chris Lee shows the 8X Module Test Cell, currently under construction


We plan to sell our products using a recurring revenue model

Parallel Flight plans to make money by selling drone services, full-stack unmanned aircraft solutions, maintenance plans, operator training, customized propulsion systems, custom AI powered software solutions, and engineering services. Our initial customers are federal, state, and municipal agencies tasked with wildland firefighting, private contractors that provide wildfire services, healthcare and industrial logistics, and customers from other industries. Parallel Flight will provide drone service operations for customers who are buying Drone as a Service (DaaS) contracts. Aircraft purchased outright will have a service plan associated with the aircraft. Both the aircraft sales (with service contract) and contract models are planned sources of recurring revenue for Parallel Flight.

How We Are Different

Heavy payloads with long flight times

Our systems are designed around heavy lift applications which go beyond carrying sensors. One of our greatest advantages is flight time while carrying a heavy payload. Most other multi-rotor drones can only fly for 15 minutes with a maximum payload; we can fly for hours.

The lifetime cost of our hybrid system platform will also be less expensive than all-electric drones due to the large number of batteries they have to replace. Because of the high battery discharge current required for heavy-lift drones, batteries are limited to roughly 200 cycles or around 50 total hours of use. After this they need to be thrown out. Also, users of all-electric platforms buy multiple battery sets, expensive charging systems, and generators, but our customers will not incur these costs.

Relative cost of operating hybrid drones vs. all-electric

The Vision

The future of heavy lift

In three years, our goal is to be the leading global Drone as a Service provider, as well as the premier supplier of heavy-lift unmanned systems for heavy-lift wildfire and public safety applications, medical delivery, and industrial logistics. In the future we plan on scaling our technology for larger payloads up to 500lbs and using renewable fuels wherever possible for our hybrid systems. Finally, we plan to have subsidiaries globally that provide drone operation services, as well as drone service centers.

Our Leadership

Powertrain - Robotics - Machine Vision

CEO and co-founder Joshua Resnick led system architecture and electrical engineering for the Tesla Semi Truck program. Before moving to California, he led research for the State of Alaska developing hybrid commercial fishing boat technology.  He has been a radio control helicopter and airplane enthusiast since childhood.

Our founding team has core competencies in the key areas of hybrid powertrains, drone operations, control theory, machine vision, and robotics. We bring experience from Tesla, Verb Surgical, and the Navy.  We have brought in advisors related to our markets, business development, FAA compliance, and strategy.

Our Values - A message from the CEO, Joshua Resnick

Dear Investor,

At PFT, my co-founders and I are striving to build a company that will reflect our values for years to come.  We are doing this by applying our technology to use-cases that save lives, property, and the environment. 


Whether it is making firefighting safer and more effective, delivering supplies after a natural disaster, performing search and rescue, or bringing medical supplies to a remote village, our technology will be used to save lives in dangerous situations. 


All of the founders of Parallel Flight have been directly affected by California’s wildfires. We all had to evacuate in 2020 during the CZU complex fire while firefighters struggled to save our homes and community. Over the past twenty years, wildfires have been getting steadily worse, but 2017 was a tipping point with the devastating fires in Santa Rosa and Ventura, CA. Then the 2018 fire season came. The Camp Fire destroyed the entire town of Paradise, CA - it killed 86 people and destroyed 18,804 structures. There was also the Mendicino Complex fire which burned almost half a million acres. In 2020, the August Lightning Complex fires burned more than 3 million acres in Northern California - the worst wildfires in the state’s history. This is not to mention the massive wildfires in Greece, Alaska, Australia and the Amazon. As of the time of this writing, nearly 1000 homes in Colorado have been destroyed by the latest wildfire. Parallel Flight Technologies is committed to developing new solutions to help mitigate this worldwide problem.


Ok, I admit it. I am green at heart! That's why I spent 5 years developing energy efficient power systems for fishing boats in Alaska, and why I joined Tesla in 2015 to lead the electrical engineering efforts for the Tesla semi truck. One of my core values is building technologies that reduce carbon emissions. So, why am I building a hybrid aircraft? Doesn't hybrid still mean petrol powered? In the case of firefighting, gasoline is the best option because it is already part of the firefighting supply chain. However, I am committed to carbon neutral fuels for all applications that are not life-critical.

I hope you will join us on this exciting journey to save lives, property, and the environment!


Joshua Resnick, CEO - Parallel Flight Technologies 

Join us on our mission to save lives, property, and the environment.

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450 McQuaide Drive
La Selva Beach, CA 95076

We’ve created proprietary Parallel Hybrid Electric Multirotor (PHEM) drone technology that allows drones to carry heavy payloads exponentially longer than current technology. This makes it ideal for use in fighting wildfires, search and rescue, medical, and logistics missions. Our unmanned, autonomous aircraft open new possibilities for the safety of first responders and many other commercial applications.


Joshua Resnick
Joshua Resnick
CEO and President

Joshua brings a passion for groundbreaking technology and years of hybrid and electric powertrain expertise to Parallel. Prior to Parallel, he led system architecture and electrical engineering for the Tesla Semi Truck program. Before moving to California, he led state-funded research for the State of Alaska developing hybrid electric commercial fishing boats. When he is not designing the future, Joshua enjoys flying RC helicopters and hiking with his family

David Adams
David Adams
Director of Operations and Treasurer of the Board

David began his career aboard nuclear submarines and is an engineer qualified officer. Following this, he supported Naval research into drone swarms. After leaving the Navy, David focused his career on robotic systems integration and design. He has worked in both the semiconductor fabrication field and in surgical robotics. When he is not designing heavy lift drones, David enjoys snowboarding and camping with family and friends.

Bobby Hulter
Bobby Hulter
Director of Software and Controls and Secretary

Bobby has a broad background spanning physics as well as several engineering disciplines. His main focus has been on machine vision and software. He has applied these skills to industrial robotics systems for solar cell manufacturing. Bobby's primary job is engineering solar manufacturing robotics, he currently devotes 20 hrs per week at Parallel. He will be full time when we have raised sufficient funds. When he is not writing code for heavy lift drones, he enjoys camping with his family. 

Mark Bathrick

Mark Bathrick


Mark is a retired senior executive who developed and directed the U.S. Department of the Interior’s award-winning “Drones for Good” program. He recently retired as the Director of the Office of Aviation Services for the Dept. of the Interior. He is a recipient of the 2017 Commercial Drone Alliance Industry Heroes Award and was listed in 2018 by Commercial UAV News as a Top 7 Drone Visionaries. Mark is also a Top Gun graduate and former test pilot for the Navy with 30+ years of UAS testing, acquisition, management, and operations experience. 

Chris Krajewski

Chris Krajewski


Krajewski’s career spans over 35 years in the aviation and energy markets, including 24 years at CHC Helicopters, one of the largest helicopter operators worldwide. Chris has held senior leadership positions in the operations and commercial departments for CHC Helicopters and Heliconia Group, directing business units in Brazil, Europe, Africa, the Middle East, Australia and Asia-Pacific. Additionally, he has led global business development initiatives with a focus on pursuit of diversification into new markets. Most recently, he founded Vertical Solutions, an aerospace consulting and advisory firm.

Ret. Chief Scott Watson

Ret. Chief Scott Watson


Scott devoted close to 40 years in the fire service, starting with the US Forest Service and retiring from CAL FIRE as a Battalion Chief. As an aerial firefighter, he has over twenty years in tactical helicopter operations.

Dorian West

Dorian West

Technical Adviser

Dorian brings 25 years of engineering experience developing complex electromechanical systems. He was an early employee at Tesla and held leadership roles for 15 years, spanning battery engineering, powertrain system development, and vehicle prototyping. He has a passion for sustainability, and he recently launched his own startup focused on decarbonizing the industrial sector.

Al Schoepp

Al Schoepp

Technical Adviser

Al Schoepp has over 35 years of experience in product and technology development, previously holding lead engineering roles in the semiconductor industry. He recently retired from his Senior Technical Director role at LAM Research after spending 29 years at the company focusing on new product development and semiconductor equipment development.

Aidan Joyce

Aidan Joyce

Chief Legal Officer (Part-Time)

Aidan Joyce brings extensive experience in providing legal counsel to global organizations. Aidan has worked with aviation and technology companies in various global locations who are active in the rotary; fixed-wing; and engine spaces. Previously serving as Vice President, Legal at CHC Helicopters, he has supported government organizations with aviation OEM requirements, worked in the finance group of a large international law firm, and acted for a range of domestic and international clients. *Currently a part-time role.

Russel Hill

Russel Hill

Chief IP Counsel

Russ brings 25+ years experience as an international law firm partner and in-house legal and compliance executive. He's been the chief IP counsel at Lenovo, CHC Helicopter and Logitech. At the latter two, Russ also served as deputy general counsel and chief compliance officer.
*This is currently a part time role at PFT

Kasey Krape

Kasey Krape

Parallel Flight Fellow

Kasey brings experience from Tesla as a Senior Manager of Global Inside Sales, Global Customer Experience, and senior staff manager for Strategy and Business Development for the Tesla Semi Truck program. She currently is a Sr. PM for Retail Operations and Global Product Launch at Apple.

Mike DelPrete

Mike DelPrete

Parallel Flight Fellow

Mike is an experienced entrepreneur having founded and successfully sold Agora Studios. Following this he led strategy and then became Head of Ventures for Trade Me. Today he is an advisor to tech companies worldwide.

Shannon Knudsen

Shannon Knudsen

Director of Strategic Projects

Shan has over 14 years of experience helping small businesses, non-profits, and universities procure and manage funding from myriad sources, including a proven track record winning SBIR/STTR funding, including 4 SBIR's for Parallel Flight. 

Scott Allen

Scott Allen

Staff Mechanical Engineer

Scott has more than 30 years of industrial design experience, with an extensive background designing cars, car parts, motorcycles and other vehicles for Yamaha, Polaris, Jaguar, Mercedes and VW. He has also worked on space shuttle designs with NASA. 

Paul Kele

Paul Kele

Sr. Mechanical Engineer

Paul has nearly 20 years of mechanical and product engineering experience with a wide background in thermoplastics and injection molding. He is a graduate of San Jose State University and has a broad understanding of fabrication and design for manufacturing.

Chris Lee

Chris Lee

Sr. Test Engineer

Chris has a strong background in mechanical design, system testing, quality control and manufacturing engineering. He is a graduate of Cal Poly University and recently held senior engineering roles in the renewable energy and semiconductor industries. 

Gregory Bringedahl

Gregory Bringedahl

UAV Prototype Lead Technician

Greg is an aviation maintenance professional with over 10 years of experience, which he gained in the field from the US Air Force and as a civilian DOD contractor. He has an extensive background in manned aircraft maintenance and over 2,500 hours of drone flight experience.

Sarah Abdi

Sarah Abdi

Marketing and Communications Manager

Sarah has a passion for revolutionary technology. Experience across multiple marketing disciplines in the Aerospace sector and a keen awareness for market needs, she leverages her background in strategic communications to showcase products and technology in the right light.  

James Penny

James Penny

Manufacturing Operations Lead

Jim is an expert in supply chain and production management, with over 25 years of hands-on experience planning and deploying production for a range of products. He recently worked in the unmanned space developing scaled operations for underwater ROV drones.

Seth McGann

Seth McGann

Test Engineer

Seth enjoys working on electronics prototyping, embedded systems, data acquisition and analysis. He is also a very experienced coder with deep firmware experience. {Needs revisioning}

Luis Barragan

Luis Barragan

Electrical Engineer

Luis is a recent graduate of the University of California, Santa Cruz, with a Bachelors in Electrical Engineering. At UCSC, Luis was part of the university's first FSAE program and CubeSat program.

Maxwell Kauker

Maxwell Kauker

Mechanical Engineer

Max is a graduate of Embry-Riddle Aeronautical University, holding a degree in Mechanical Engineering with a concentration in propulsion. He was a member of the university's rocketry club and previously interned at PFT. 

Noah Perez

Noah Perez

Aerospace Engineer

Bio: Noah is a recent graduate of San Jose State university with a bachelors degree in aerospace engineering. During his studies, he focused on projects concerning control systems, rocketry, and formula SAE. 

Sara Lunsford

Sara Lunsford

Business Project Manager

Sara has an extensive background in business operations and bookkeeping, with over 15 years of experience in project management roles. She supports accounting, human resources and business development projects for PFT. 


Parallel Flight Technologies
Jun 29, 2022
$10k - $5M
Common Stock
Class B Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Time-Based Perks

Friends and Family Early Birds

Invest within the first 48 hours and 15% Bonus Shares.

Super Early Bird Bonus

Invest within the first week and receive 10% Bonus Shares.

Early Bird Bonus

Invest within the first two weeks and receive 5% Bonus Shares.

Amount-Based Perks

Tier 1 | $2,000+

Invest $2,000+ and receive 2% Bonus Shares.

Tier 2 | $5,000+

Invest $5,000+ and receive 5% Bonus Shares.

Tier 3| $10,000+

Invest $10,000 and receive 10% Bonus Shares.

Tier 4 | $25,000+

Invest $25,000 and receive 15% Bonus Shares.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Parallel Flight Technologies, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $22.60 / share, you will receive 110 Class B Common Stock, meaning you'll own 110 shares for $2260. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.


Article Image
The Weather Channel

Inventing a Better Way to Fight Fires

Article Image
Fire Aviation

Parallel Flight Technology nearing completion of their Beta model

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Santa Cruz Tech Beat

Are Parallel Flight Technologies’ drones being used to start fires?

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sUAS News

Former Tesla Director of Engineering and Former LAM Research Technical Director Join Parallel Flight Technologies’ Advisory Board

Article Image
Monterey Bay Drones Automation & Robotics Technology

2019 Monterey Bay DART Symposium Highlights Reel



Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Parallel Flight Technologies.




Ajith Potluri

2 years ago

Hi Joshua Congratulations to you and the team for the work you put up so far. Now you have to answer every investor's intriguing thoughts of what is that increased your valuation so high in such short time. Will wait to hear from you. I am investor in earlier round. Very Thank you.



Kenneth Iha

a year ago

I invested but I think my order didn't go all the through. What is the status of my investment?



Aaron Becker

a year ago

I invested in an earlier round last summer. Soon after that round closed start engine showed my shares immediately dropped by 20% and have stayed that way for almost a year. While I am really excited about the company and the technology, my investment doesn’t seem headed in the right direction. Now the valuation is listed as considerably higher yet I’m still at a negative 20%. Something isn’t right.



Robert Sutton

a year ago

I invested in Parallel Flight a year ago, cl B. Will I enjoy the benefits of holding that investment as it goes IPO? I found it listed as a pink otc stock in my stock account PFTY?



Peter Loder

a year ago

Hi Joshua and friends, Considering your particular type of hybrid (ICE over Electric) and how superior it is in efficiency - have you considered patenting your design for land vehicles?



Jeremy Moloney

a year ago

I hope all is going well at PFT. Any thoughts on implementing wireless charging technology (such as WiGL to help, when needed, to keep the drone in the air for longer? All the best.



Nikita Shcherbakovskiy

a year ago

Hello, I am an investor and I was looking at the annual report and am very pleased with all the progress we have made as a company! Only issue, I cannot find financial statements in the annual report. The bottom line, ultimately, is making profit so I would appreciate it if someone could point me to the financial statements. Thank you!



Richard Ripley

a year ago

EV power engine?



Richard Ripley

a year ago

Ok, rescue safety operations?



Robert Sutton

2 years ago

I was also wondering if anyone has looked into using liquid piston as a source of power for the drones, it has been approved by darpa and looks impressive.




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StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.


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Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRASIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

Investment opportunities posted and accessible through the site are of three types:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.
By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.

Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

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(800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to

StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.

StartEngine Marketplace

The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine.

None of the information displayed on or downloadable from (the 'Website') represents a recommendation, offer, or solicitation of an offer to buy or sell any security. It also does not constitute an offer to provide investment advice or service. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, or (2) assist in the determination of fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.

All investment opportunities are based on indicated interest from sellers and will need to be confirmed.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment.

StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC. StartEngine Bulletin Board ("SE BB") is a bulletin board platform that advertises interest in shares of private companies that previously executed Reg CF or Reg A offerings. SE BB enables shareholders to communicate interest in potential sales of shares in private companies and investors to discover, review, and potentially invest in private companies. As a bulletin board platform, SE BB provides a venue for investors to access information about private company offerings and connect with potential sellers. SE BB is distinct and separate from StartEngine Secondary (“SE Secondary”), which is an SEC-registered Alternative Trading System (ATS) operated by SE Primary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. While a security may be displayed on the bulletin board, these securities will be subject to certain restrictions which may prevent the ability to buy and sell these securities in a timely manner, if at all. Even if a security is qualified to be displayed on the bulletin board, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.