Company Profile

Parallel Flight Technologies Inc
Profile last edited on: 5/3/2021      CAGE: 87G52      UEI: HNLQGVM4BA25

Business Identifier: Drone technology: saving lives, property, and environment.
Year Founded
2018
First Award
2019
Latest Award
2021
Program Status
Active
Popularity Index
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Location Information

450 McQuaide Drive
Watsonville, CA 95076
   (831) 252-4175
   invest@parallelflight.com
   www.parallelflight.com
Location: Single
Congr. District: 20
County: Santa Cruz

Public Profile

With particular focus on development of unmanned drone systems having the capbility to save lives and property, Parallel Flight Technologies "Heavy Lift Platform" is a radical UAS combining extreme heavy lifting and long duration. New (patent pending) Parallel Hybrid technology gives the platform capability of lifting its own mass in payload, not including fuel, for over an hour. It is also fully redundant and can continue flying in the event of an engine failure. This opens new possibilities for unmanned logistics, search-and-rescue, firefighting, and heavy sensor applications.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2021 2 USDA $750,000
Project Title: Reducing Wildfire Risk with Large Scale Prescribed Fire Drones
2020 1 NSF $225,000
Project Title: Control Strategy for Parallel Hybrid Multirotor
2019 1 NASA $124,363
Project Title: Parallel Hybrid Multi-Rotor

Key People / Management

  Joshua Resnick -- CEO

  David Adams -- Operations

  Bobby Hulter -- Software + Controls