This order builds on the enlargement of Parallel Flight’s international footprint and positions the corporate to paved the way for the quickly rising industrial UAV market in India.

Parallel Flight Technologies

La Selva Beach, CA, May 24, 2023 (GLOBE NEWSWIRE) — Parallel Flight Technologies, a number one developer of autonomous heavy-lift drone know-how and hybrid propulsion, as we speak introduced a purchase order settlement for 50 plane, with paid deposits, from UAV Systems Private Limited (UAVS), a drone and robotics resolution supplier primarily based in India. In addition, Parallel Flight will present ongoing upkeep, restore and overhaul assist to UAV Systems and its end-user base for elevated effectivity and uptime of all platforms. Deliveries are slated to start in 2024.

This landmark settlement is the following chapter for Parallel Flight’s international enlargement and can bolster the corporate’s management function for full-stack UAV options in India. The two corporations will work collectively to distinguish and amplify the client expertise by offering complete options that merge progressive know-how, security, excessive effectivity and low-cost options throughout the commercial sector.

UAV Systems Private Limited specializes within the discipline of UAV’s and is backed by a diversified group of main Indian conglomerates, spanning auto, ev, battery manufacturing, fortified fencing and hospitality. The UAV Systems staff has intensive expertise penetrating rising markets and has a eager concentrate on integrating turnkey options for its clients. The nation’s adoption of drone know-how is widespread throughout varied sectors, together with vitality, agriculture, renewables, mining, conservation/reforestation, protection, regulation enforcement, and quite a few different industrial logistic purposes.

“After extensive global research, we decided to strike a partnership with Parallel Flight because of their differentiated technology, divergent thinking, ability to understand customer behavior and the excellent backgrounds, from the likes of Tesla, that their team brings to the table,” says Arab Khan, CEO of UAV Systems. He continues, “The extensive knowledge of their scientists and engineers speaks for itself, as they have developed superior heavy-lift drone technology which can help address a UAV technology gap throughout India. Our team is looking forward to joining hands – we see this as just the beginning and we see the demand for Parallel’s units to grow to 500+ over the next few years.”

Story continues

Parallel Flight’s USA constructed, flagship plane, the 122 kg MTOW Firefly, has been extensively praised as a ‘heavy-lift workhorse’ and is properly suited to quite a few industrial purposes. Backed by USDA, NASA and NSF. The firm’s proprietary Parallel Hybrid Electric Multirotor (PHEM) drone know-how allows the Firefly to hold a formidable 45kg payload (not together with gasoline) for as much as 1.6 hours. The proprietary IP constructed into Parallel Flight’s flagship plane permits for 10x longer endurance and vary, making it an exponential achieve over all-electric drones. Parallel Flight’s progressive know-how lately resulted in a signed USSOCOM CRADA and partnership with global NGO, Island Conservation, for crucial biodiversity initiatives on distant islands.

“This purchase agreement with UAV Systems solidifies a commitment that reflects the growing demand for heavy-lift drone technology in India and around the world. By deploying and scaling our autonomous aircraft and combining Parallel’s customer centric focus with UAVS’ expertise in solution integration, we are confident that we will provide customers a premium turnkey experience, at low costs, for their critical applications,” says Joshua Resnick, CEO of Parallel Flight Technologies. “Our vision is to continue driving innovation in the industry, which could not be done without our partners. We look forward to successful market penetration in India and for the day when we can expand manufacturing of this technology in the region.”

This newest buy settlement positions Parallel Flight for continued development, because it scales its know-how to be used throughout a number of crucial industrial verticals. For extra data, contact data@parallelflight.com

Background

Parallel Flight Technologies

Parallel Flight Technologies is pioneering clever hover and vertical-lift with sustainable, autonomous UAV options to save lots of lives, property, and the setting. The firm’s transformative Parallel Hybrid Electric Multirotor (PHEM) propulsion know-how permits UAV platforms to hold heavy payloads for lengthy durations, and may be utilized throughout a number of logistics verticals, together with real-time and sophisticated healthcare logistics, tactical assist for firefighters and first responders, industrial logistics and different critical-missions, globally. This tech allows >90% carbon footprint discount, and 50%-75% discount of working prices for a lot of purposes. Visit www.parallelflight.com for extra data.

UAV Systems

UAV Systems Private Limited is a dynamic group primarily based in India specializing in UAV’s. The firm specializes within the design and growth of drones and robotics management programs and affords full system integration options. The staff at UAV Systems Private Limited is made up of extremely expert and passionate people who’re dedicated to deploying progressive and cutting-edge know-how.

Company Name: Parallel Flight Technologies

Contact Person: Sarah Abdi

Email: sarah.abdi@parallelflight.com

Website: https://www.parallelflight.com/

Disclaimer: There isn’t any provide to promote, no solicitation of a proposal to purchase, and no suggestion of any safety or some other services or products on this article. Moreover, nothing contained on this PR needs to be construed as a suggestion to purchase, promote, or maintain any funding or safety, or to interact in any funding technique or transaction. It is your accountability to find out whether or not any funding, funding technique, safety, or associated transaction is suitable for you primarily based in your funding goals, monetary circumstances, and threat tolerance. Consult your small business advisor, legal professional, or tax advisor relating to your particular enterprise, authorized, or tax scenario. For extra data, please contact brandnewsproject@gmail.com.

Attachment