Parallel Flight Technologies

Saving lives, property, and the environment

Parallel Flight Technologies

Saving lives, property, and the environment

La Selva Beach, CA
Technology
We’ve created patent-pending drone technology that will allow drones to carry heavy payloads for over two hours. This will make it ideal for use in fighting wildfires, search and rescue, and logistics missions. Our unmanned, autonomous aircraft open new possibilities for the safety of first responders and many other commercial applications.

$884,041

raised
585
Investors
$28.7M
Valuation
$4.67
Price per Share
$499.69
Min. Investment
Common
Shares Offered
Equity
Offering Type
$7.5M
Offering Max
Reg A+
Offering

$884,041

raised
585
Investors
$28.7M
Valuation
$4.67
Price per Share
$499.69
Min. Investment
Common
Shares Offered
Equity
Offering Type
$7.5M
Offering Max
Reg A+
Offering

Bonus Rewards

Get rewarded for investing more into Parallel Flight Technologies

$1,000+
Investment
Parallel Flight T-Shirt
Invest over $1,000 and earn a Parallel Flight t-shirt!
$2,500+
Investment
Parallel Flight Hat
Invest over $2,500 and earn a Parallel flight hat and t-shirt!
$15,000+
Investment
Executive Perk
Earn an invitation to Beta aircraft unveil event/dinner with executive team. You'll see a flight demo with the object of your choice. Travel costs to the event are not included. T-shirt and hat perks are included.

Offering Circular | Selected Risks Related to this Offering | Parallel Flight Technologies' SEC EDGAR Page


For more information on Parallel Flight Technologies, download and review the Offering Circular. The Offering Circular should be reviewed before making an investment decision.

Reasons to Invest

Large Market Potential: Operating between 3 large industries. $15B Urban Air Mobility + $33B Commercial Drone + $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
Innovative Technology: NASA, NSF and USDA funded, 10X longer flight time with a heavy payload vs. existing technology for unmanned aircraft

“Heavy Lift +10X Longer Flight Time”

Video

Success since our last raise

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

  • We have increased customer traction with deployments planned 2021.
  • We have designed the new hybrid power module for the Beta aircraft and have been testing for several months.

  • Under a NASA grant, we successfully completed the development of a redundancy system that will provide a safety advantage over other technologies.

  • Under an NSF grant, we have developed computer models of our aircraft system to validate control algorithms.

  • We were awarded a grant from the USDA for the development of a large scale platform for controlled ignition (preventative burns and firebreak burns).

  • We filed two additional provisional patent applications for our key algorithms and the safety mechanism developed under NASA. 

  • We continued to grow our team by bringing all co-founders on as full-time employees and hiring a mechanical engineer, business operations manager and communications lead. 

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 can’t carry 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 and other applications, 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 a 10X improvement over existing solutions in terms of flight-time with a heavy payload. Our Parallel Hybrid system increases efficiency and eliminates a heavy generator component 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.  

Video

the market


$10B, $15B, and $33B Markets

The market for wildland firefighting is $10B in the USA, Canada, and Australia and is growing by around 10% per year.[1]  The commercial drone sector is estimated to reach $33B by 2022[2] and the Urban Air Mobility market should reach $15B by 2030.[3] Our technology will have important verticals in all of these markets. In the commercial drone industry, our technology will enable logistics missions, Beyond Visual Line of Sight (BVLOS), heavy sensor payloads, and long hover missions. In the Urban Air Mobility space, our technology will be ideal for developing air ambulances, which have been identified as a technology better suited to hybrid technology. 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 drone technology will help firefighters by bringing them supplies such as tools, fuel, food, water, etc.  while they are in the field. It will also be able to perform controlled burns, which is an important tool for fighting wildfires. Our aircraft will also be able directly drop water on spot fires when manned aircraft are grounded due to heavy smoke or during the night. 

.Bringing tools, such as chainsaws, to firefighters in the field can save time so they don't have to hike back to basecamp.

video

video

Our unmanned aircraft can fly the equipment to a drop point.

Our traction


On the cusp of commercialization

Parallel Flight is on the cusp on commercialization. Our beta pipeline has multiple customers worldwide, with aircraft deliveries planned to begin in mid 2021. Applications for our first customers include wildfire applications, powerline construction, and heavy sensor payloads.

video

In addition to private customers, we have received grants from NASA, NSF, and most recently from the USDA. This latest grant is for us to begin developing a large scale unmanned system for controlled ignition. 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. The US spends hundreds of millions each year on controlled burns. Several 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 developing a large-scale controlled burn platform in partnership with Drone Amplified through funding from the USDA.

Our beta-level aircraft is now under construction at PFT

Our product has evolved from a prototype to a production-intent aircraft featuring:

  • Compact Hybrid Power Module Design

  • Large Cargo Volume

  • Lightweight Carbon Fiber Body

  • Shock Absorbing Landing Gear

  • All-Weather Flight Capability

The target maximum payload for our beta level aircraft is 100 lbs, not including fuel.


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. 

The Business model


We plan to sell the product at high margins, using a recurring revenue model.

Parallel Flight plans to make money by selling full-stack unmanned aircraft solutions, service plans, operator training, and non-recurring engineering. Our initial target customers are federal, state, and municipal agencies tasked with wildland firefighting, private contractors that provide wildfire services, and customers from other industries. Aircraft purchased outright will have a service plan associated with the aircraft. In addition to aircraft sales, customers can also contract aircraft on an Exclusive Use or Call When Needed basis. Both the aircraft sales (with service contract) and contract models are planned sources of recurring revenue for Parallel Flight. 


In 2020, we completed the NSF's Innovation Corps (I-Corps™) program. This allowed us to connect with potential customers worldwide to better understand the scalability of our product and the potential of our customer base. We continue to integrate the feedback received through this program into our development strategy, and we have seen strong customer traction as a result. 


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 drones can fly for 15 minutes with a heavy load; we can fly for hours. We expect our platform will also be less expensive than all-electric drones because of the large number of batteries they have to carry. Often users of all-electric platforms buy multiple battery sets, expensive charging systems, and generators, but our customers will not incur these costs.

the vision


The future of heavy lift

In three years, our goal is to be the premier supplier of heavy-lift unmanned systems for heavy-lift public safety applications, such as firefighting and search-and-rescue. We will also have pilot programs underway for adjacent markets such as ship-to-shore, remote logistics, and agriculture. In the future we plan on scaling our technology for the Urban Air Mobility market for applications such as air ambulances.

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 building and flying RC planes and helicopters since he was 13. 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 market, business development, and strategy. 

Our Values - A message from the CEO, Joshua Resnick

Dear Investor,

I am striving to build a company that reflects the values that my co-founders and I hold dear.  We will do this by applying our technology to use-cases that save lives, property, and the environment. 


Lives

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 can be used to  save lives in life or death situations. 


Property

As I write this letter, I am evacuated with my family, and firefighters on the CZU Complex fire are fighting to save my home 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. Parallel Flight Technologies is committed to developing new solutions to this worldwide problem.


Environment

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!


Sincerely,

Joshua Resnick, CEO - Parallel Flight Technologies 

Why invest


Our innovations have led to partnerships with NASA, NSF, and USDA

In a short time period, we have already created new technology and a working prototype. Our technology has expanded the performance envelope beyond the capability of competitive technologies. Because of this, we were awarded a NASA SBIR, Phase 1 grant and used this funding to continue prototype development. We have also received funding from NSF and the USDA for the development of our technology. PFT has one patent pending and two provisional patents around its core technology.

We are engaging our customers and communities

Building new technology is hard. But getting that technology deployed in the field is harder. At Parallel Flight Technologies, we are passionate about getting the word out to customers and the community about our technology and mission. We are also dedicated to learning from our customers about their pain points and discovering how we can help. 

We deeply value community involvement and support. We have been overwhelmed by the response from our family, friends, and community. At speaking events, conferences, or just in conversation, people have shown tremendous support for our company and mission.

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

Invest Now!

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.

THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.

THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

In the Press

Commercial UAV News
January 1, 2017

How Will Extended Flight Time for Drones be Powered?

Monterey Bay Drones Automation & Robotics Technology
January 1, 2017

2019 Monterey Bay DART Symposium Highlights Reel

Arctic Innovation Competition
January 1, 2017

2018 Main Division Winners

Commercial UAV News

Parallel Flight Technology Has Lift Off!

Inside Unmanned Systems

Parallel Flight Technologies’ Hybrid Technology Helps Heavy Lift Multirotors Go the Distance

Fire Aviation

Parallel Flight Technology’s next drone model will be able to carry 100 pounds for hours

Updates

Get to Know Parallel Flight’s Early Partners

11 days ago


Get to Know Our Early Partners

Parallel Flight Technologies' list of initial customers has continued to grow, with multiple companies exploring commercial partnerships. We want to introduce you to three of these companies and share how they are planning to utilize our heavy-lift platform.

____________________________________________________________________________________________

Infravision is a technology company that specializes in developing innovative hardware and software solutions for industrial applications in energy transmission and distribution. The Australian company is working to accelerate the adoption of unmanned systems to revolutionize the way renewable energy resources are connected to the world’s electricity grids.

Infravision intends to partner with Parallel Flight to use our heavy-lift drones for powerline stringing applications. By utilizing drones for their powerline stringing solution, Infravision aims to reduce human risk, reduce environmental impact and increase productivity.

____________________________________________________________________________________________

SkyTEM is a leading airborne geophysical survey company offering the acquisition and advanced processing of transient electromagnetic (TEM), magnetic and radiometric data. Airborne Instruments ApS, part of the SkyTEM group, has created unique sensors for airborne surveys that have been used to map all of the underground water resources in Denmark, and they deploy their systems worldwide.

Airborne Instruments ApS has signed an LOI with Parallel Flight Technologies and intends to use our heavy-lift drones to carry their sensors for mapping underground water resources. The ability to reveal the availability and movement of water is a huge asset for countries and communities wanting to manage resources and respond to natural disasters.

____________________________________________________________________________________________

BeadedStream is a designer, manufacturer and distributor of world-class temperature monitoring solutions for multi-use industrial applications.  BeadedStream's product pipeline offers best-in-class temperature measurement and monitoring solutions, allowing customers to rapidly deploy digital temperature cables and loggers in the field and then collect, store and analyze the data in the BeadedSteam cloud.

The Alaska-based company is planning on using PFT's long duration, heavy lift aircraft to deliver sensors in remote areas for monitoring ground temperature. This will be useful for studying permafrost for environmental and industrial applications.

____________________________________________________________________________________________

Parallel Flight Technologies is on the cusp of commercialization, with plans to deliver drones to our first customers in 2021. You can help accelerate our growth and own a stake in PFT by investing in our Regulation A+ Campaign!


Thank you for your continued support as we prepare to deliver unmanned systems to save lives, property, and the environment.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Join us for an Exclusive Investor Webinar

18 days ago



Save the date for our upcoming Investor Webinar

Tuesday, November 17th

2:00pm PT


REGISTER HERE


Join us for this live webinar exclusively for Parallel Flight Technologies' crowdfunding investors. You'll meet one of our corporate partners, hear from one of our first potential customers, get exciting company updates from our CEO and have the opportunity to ask questions live. 


GUEST PANELISTS


Drone Amplified is a leader in the controlled burn space and the manufacturer of the IGNIS fire ignition management system for drones. Parallel Flight is proud to partner with the Drone Amplified team to integrate their technology with our heavy lift platform, which will allow a significantly larger coverage area per flight for unmanned controlled ignition.


Infravision is a technology company  working to accelerate the adoption of unmanned systems to revolutionize the way renewable energy resources are connected to the world’s electricity grids. Infravision intends to partner with Parallel Flight to use our heavy-lift drones for powerline stringing applications, making them one of our first potential customers.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Growing our Business: Parallel Flight Joins Avanta Studios

20 days ago



Parallel Flight Technologies has been invited to join Avanta Studios, an accelerator for startup companies with innovative ideas in the InsurTech, Mobility and Insurance-Adjacent markets. The Avanta Studios program enables startups to partner with Avanta Ventures and CSAA Insurance Group to jointly explore new markets, business models, and technologies.


As part of Avanta Studios' Insurance-Adjacent sector, Parallel Flight Technologies will receive customized support from a network of industry experts to help grow and scale our business. 


Parallel Flight was invited to join Avanta Studios because of our insurance and risk management related applications.


Our heavy-lift drone platform can be used to support wildland firefighters, reducing the overall destruction of a wildfire and helping to save homes in the fire zone. This makes our technology valuable to the home insurance industry, as it could help prevent further losses after a wildfire. Through the Avanta Studios network, Parallel Flight will be able to work directly with leaders in the insurance space to develop customized solutions and further grow our customer base. The program will also engage Parallel Flight Technologies with institutional investors such as Avanta Ventures.


Parallel Flight Technologies is on the cusp of commercialization, with plans to deliver drones to our first customers in 2021. You can help accelerate our growth and own a stake in PFT by investing in our Regulation A+ Campaign!


Thank you for your continued support as we prepare to deliver unmanned systems to save lives, property, and the environment.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

We’ve reached $500K!

24 days ago



Our Regulation A+ Offering reached another big milestone this week with over $500,000 raised! We are blown away by your support and enthusiasm for our most ambitious crowdfunding campaign to date.


Your investment is accelerating PFT's path to commercialization and bringing us one step closer to delivering unmanned systems to save lives, property and the environment. Thank you again for your continued support of Parallel Flight Technologies! 


Sincerely,

Joshua Resnick, CEO


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

WATCH: Parallel Flight Featured on The Weather Channel

26 days ago


Dear Investors,


Parallel Flight is getting noticed thanks to you all, our wonderful community of supporters who believe in our mission to create unmanned systems to save lives, property and the environment. We've even gotten national media attention and were recently featured in a story on The Weather Channel. 


Check out our feature story on The Weather Channel here:https://www.youtube.com/watch?v=TY9uaV6h6q8&t 


Thank you all for your continued support as we work toward delivering a solution for some of the world's biggest problems. 


Sincerely,

Joshua Resnick, CEO

WATCH: Parallel Flight Featured on The Weather Channel

28 days ago


Dear Investors,


Parallel Flight is getting noticed thanks to you all, our wonderful community of supporters who believe in our mission to create unmanned systems to save lives, property and the environment. We've even gotten national media attention and were recently featured in a story on The Weather Channel. 


Check out our feature story on The Weather Channel here:

 

https://www.youtube.com/watch?v=TY9uaV6h6q8&t


Thank you all for your continued support as we work toward delivering a solution for some of the world's biggest problems. 


Sincerely,

Joshua Resnick, CEO


Investor Update | Q3 2020

about 1 month ago


Investor Update | Q3 2020

IN THE HIVE 

LETTER FROM OUR CEO, JOSHUA RESNICK 

Dear Investor, 


Looking back on the last few months, Q3 was nothing short of surreal. In August, our community was impacted by some of the most destructive wildfires in our state’s history. While our business operated as normal during this time, many of our team members were evacuated from their homes. We have immense gratitude for the firefighters and first responders who have worked tirelessly to keep our region safe, and our thoughts are with them as they continue to fight the current wildfires in Northern California. 


Amid these unprecedented times, our team remained committed to providing solutions that will change the future of firefighting and disaster relief. Through this hard work and dedication, Parallel Flight Technologies has achieved multiple milestones in Q3. We successfully kicked off our Regulation A+ crowdfunding campaign and have already received an overwhelming amount of support from investors. We designed our beta-level aircraft – PFT’s first production-intent aircraft that will be delivered to our first customers next year. We expanded our team, continued the development of our core technology, and have remained on track for commercialization in 2021.


You can read more about our recent progress below, and as always, I’m available to answer any questions you may have. I truly appreciate your unwavering support as we work toward delivering unmanned systems to save lives, property and the environment. 



Sincerely,

Joshua Resnick, CEO


BUZZ FROM THE HIVE


We're excited to unveil the design of our beta-level aircraft, now under construction at PFT. Our product has evolved from a prototype to a production-intent aircraft featuring a compact hybrid power module design, large cargo volume, lightweight carbon fiber body, shock absorbing landing gear, and all weather flight capability. 

_____________________________________________________________________________________________________

USDA Grant: Fighting Fire With Fire


This summer, Parallel Flight Technologies received a Small Business Innovation Research (SBIR) grant from the USDA to begin developing a large-scale unmanned system for controlled ignition, to be used by the US Forest Service. The Forest Service is a branch of the USDA, and controlled burns are a key land management tool they use for removing combustible fuels and preventing wildfires. Controlled burns are also used for fighting active wildfires by creating fire breaks.

 

The US spends hundreds of millions each year on controlled burns. Several 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 Technologies is working closely with the unmanned systems team in the Forest Service and with Drone Amplified to develop solutions for these firefighting applications.

_____________________________________________________________________________________________________

MEET OUR NEW TEAM MEMBERS


Scott Allen

Mechanical Engineering

 

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. 


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.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Meet the Engineering Rockstars at Parallel Flight

about 1 month ago



We recently unveiled the design of our beta-level aircraft, Parallel Flight Technologies' first production-intent drone that is now under construction at our headquarters.

Now, we want to give you a look behind the design and introduce you to the engineers who developed our beta aircraft.


Brian Eiseman

Brian worked on the design and development of our beta-level Hybrid Power Module, a core piece of our technology that allows higher payloads and longer flight times for multirotor aircraft. He has a deep background in composite structures and design for manufacturing, most recently leading hardware development for an AI and robotics company. Prior, Brian helped design and manufacture ground-up electric motorcycles, electric skateboards, kiteboards and amusement park rides.


Fun Fact: Brian spent over eight years designing and building roller coasters, including the Steel Dragon 2000 in Japan, which holds a world record as the longest roller coaster.



Scott Allen

Scott joined PFT in September and immediately jumped into designing the beta aircraft airframe. He has more than 30 years of industrial design experience with expertise in composites and aerodynamics. He has an extensive background designing cars, car parts, motorcycles and other vehicles for Yamaha, Polaris, Jaguar, Mercedes and VW. Scott has also designed helmets for bikers and motorcyclists, created products for Oakley, Samsung, Yakima and Thule, and worked on space shuttle design with NASA.


Fun Fact: If you've seen the movie Back to the Future, you've seen Scott's work - he helped design The Delorean time machine car for the film.


Want to learn more about PFT's beta aircraft? Visit our website at www.parallelflight.com


Join us for a live webinar: The Future of Drones + AI

about 1 month ago


Save the Date for our Live Webinar

Thursday, October 29th

11:00 AM PT / 2:00 PM ET


Register here: https://us02web.zoom.us/webinar/register/WN_EQhhuDtoQ_ijvptRAM0Q7Q


Learn about two rapidly growing industries - drones and artificial intelligence - and how they can be integrated to change the future of logistics, transportation and data acquisition to solve some of the world's biggest challenges. Hosted by two tech startup CEOs, this live webinar is an opportunity to learn about a new industry and ask questions about the future of drones and AI.


Webinar Hosts

Joshua is the co-founder and CEO of Parallel Flight Technologies, an industrial grade drone company with a mission to deliver unmanned systems to save lives, property and the environment. Prior to founding PFT, he led system architecture and electrical engineering for the Tesla Semi Truck program.


Archil is the co-founder and CEO of GenesisAI, a network of machine learning models that allows users to buy and sell AI technologies at scale. Prior to founding GenesisAI, he served as the CEO of the AI startup Palatine Analytics. He has a background in investment management and economics.

Join our CEO for an Ask-Me-Anything Webinar on October 22

about 1 month ago


Dear Investors, 


There is a lot happening at Parallel Flight Technologies, and I want to share some exciting updates with you! That's why I hope you'll join me for a private "Ask-Me-Anything" Webinar on Thursday, October 22 at 12pm PST. This webinar is exclusively for our investors, and I'll be sharing company updates and answering your questions. To register, please click below.


https://us02web.zoom.us/webinar/register/WN_C8HZOdBlThWSauxK032QGQ 


I hope to see you there!


Sincerely,

Joshua Resnick, CEO 


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Save the Date for our Upcoming Webinar

about 2 months ago


Save the Date for our Live Webinar

The Wildfire Crisis: Causes + Solutions 


Monday, October 12th

12:00 PM PST


Join us for a round-table conversation about the current global wildfire crisis, its causes and potential solutions. You'll have the opportunity to ask our panel of experts questions and learn more about the future of wildfire fighting.

 

REGISTER HERE: https://us02web.zoom.us/webinar/register/WN_Ir3oT-ayR_CPr9KuuNBQFA


Meet the Panel


A person wearing glasses and looking at the camera

Description automatically generated

Joshua Resnick

 

Joshua is the co-founder and CEO of Parallel Flight Technologies, an industrial grade drone company with a mission to deliver unmanned systems to save lives, property and the environment. Prior to founding PFT, he led system architecture and electrical engineering for the Tesla Semi Truck program. He previously led state-funded research for the State of Alaska developing hybrid electric commercial fishing boats.

 

Ret. Chief Scott Watson

 

Chief Watson devoted nearly 40 years to 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 20 years in tactical helicopter operations.  During his career, he worked in the Aviation Program and ultimately provided leadership to the Interagency Military Helicopter Firefighting Program, where he was awarded the Order of California.

 

A person smiling for the camera

Description automatically generated

Dr. Rodrigo Neito 

 

Dr. Nieto is a geostrategist and defense futurist focused on the consequences of the accelerating pace of change in homeland security and policing environments. He is a research professor at the National Security Affairs Department and at the Center for Homeland Defense and Security at the Naval Postgraduate School and holds a Ph.D. in Geopolitics.

 

 


 Sevan Gerard

 

Sevan is the VP of Curriculum Development for Counter-Terrorism Watch, Inc. and has been a firefighter and paramedic with the Los Angeles City Fire Department for nearly 15 years. In his role at the LACFD, he protects lives and property, promotes public safety and fosters economic growth through leadership, management and actions, as an all risk life safety response provider.



Introducing Beta

2 months ago

Parallel Flight Technologies is proud to unveil the design of our Beta-Level Aircraft, now under construction at PFT

We wanted you to be among the first to see the latest version of our Parallel Heavy Lift UAS (Unmanned Aircraft System), which combines extreme heavy lifting and long flight duration.


Our product has evolved from a prototype to a production intent aircraft featuring:

Compact Hybrid Power Module Design

Large Cargo Volume

Lightweight Carbon Fiber Body

Shock Absorbing Landing Gear

All Weather Flight Capability

We are projecting the following payload (excluding fuel) specs for our Beta-Level Aircraft:

100 pounds for 1 hour

40 pounds for 4 hours

10 pounds for 7 hours


Our new Parallel Hybrid technology is a 10X gain over existing solutions in terms of flight-time with a heavy payload and will have applications across multiple industries:

Firefighting

Industrial Logistics

Healthcare

________________________________________________________________________________________________

From Concept to Production

We're Back!

2 months ago



The wait is over... Parallel Flight Technologies' Regulation A+ Offering is officially LIVE on StartEngine!


Now is your chance to invest in innovative drone technology that can save lives, property and the environment. This is our most ambitious crowdfunding campaign to date and an opportunity to join our dedicated group of investors who are accelerating our path to commercialization.


Join us in taking PFT to the next level!


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.


Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}