National Security Innovation Capital (NSIC), a program within the Defense Innovation Unit (DIU) of the Department of Defense, has awarded a $1M contract to Parallel Flight Technologies (PFT), a California-based heavy-lift drone and hybrid propulsion technology company. This contract will support the advancement and expansion of its Long-Range Unmanned Aircraft System (UAS) to …
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Parallel Flight Technologies, a leading developer of autonomous heavy-lift drone technology and hybrid propulsion, announced a purchase agreement for 50 aircraft, with paid deposits, from UAV Systems Private Limited (UAVS), a drone and robotics solution provider based in India. In addition, Parallel Flight will provide ongoing maintenance, repair and overhaul support to …
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Parallel Flight’s Hybrid Heavy Lift Drone – Firefly Parallel Flight Technologies opens round of equity crowdfunding on Start Engine Drones that can carry heavier loads for longer durations, like the technology Parallel Flight has developed, will improve safety and bring a new level of technology to vertical lift missions.” — …
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