Startup Details

Shannon Knudsen

Director, Strategic Projects

Parallel Flight Technologies, Inc.

Company Name

Parallel Flight Technologies, Inc.





Developmental Stage


Approx Revenue for current Year


Type of funding


Pre-money Valuation (USD)


Type of offering


Amount of Capital seeking in current round (USD)


Previous capital raised (USD)


Monthly Burn rate (USD)


Company Description

Parallel Flight Technologies (PFT) develops and manufacturers next generation unmanned aerial systems (UASs / drones) using a patented new parallel hybrid electric architecture that enables its systems to carry heavy payloads 3 to 10 times farther than its competitors at 1/2 to 1/10 the cost of manned aircraft, its main competitors. PFT also provid... Read more

Product/Service Description

PFT is building its MVP all-electric ("Serenity") and MVP hybrid ("Firefly") heavy lift drones. Serenity can carry up to 100 lb for 15 minutes and is used for training, payload integrations, R&D and short distance operations. Based on the same frame with swapped propulsion modules, Firefly can carry 100 lb for over 2 hours. Due to its price, power,... Read more


Management Team

Shannon Knudsen

Director, Strategic Projects

Joshua Resnick

CEO, CoFounder

David Adams

Director of Operations, CoFounder

Robert Hulter

Co-Founder and Director of Software and Controls

Advisor Team

Scott Watson

Battalion Chief at CalFire- Retired

Chris Krajewski

Director at Vertical Solutions

Mark Bathrick

Director at U.S. Department of the Interior, Office of Aviation Services

Previous Investors

Reg A+

Company Information

Date Company Founded
Registered Location
Legal Name
Parallel Flight Technologies, Inc.
Date Company Registered
, La Selva Beach, CA