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Parallel Flight Technologies
Total Funding
$2.4 M
Revenue
$1.6 M
FY, 2024
Parallel Flight Technologies Summary
Company Summary
- Overview
- Parallel Flight Technologies is a provider of drone technology solutions. It offers radical unmanned aerial vehicles, parallel hybrid electric multirotor (PHEM) drones, and other products. The company caters to defense, agriculture, maritime logistics, and other sectors.
- Type
- Private
- Status
- Active
- Founded
- 2018
- HQ
- La Selva Beach, CA, US | view all locations
- Cybersecurity rating
- Sectors
Table of Contents
Key People
David Adams, Co-Founder, Director of Operations
Bobby Hulter, Co-Founder, Director of Software, Controls
Sarah Abdi, Head of Marketing
Operating MetricsView all
US Federal Contract Awards
1
Y, 2019
US Federal Contract/Grant Awards Value
$134.4K
Y, 2019
Partners
6
Aug, 2023
LocationsView all
1 location detected
La Selva Beach, CA HQ
United States
450 Mcquaide Drive
Parallel Flight Technologies Financials
Summary Financials
- Revenue (H1, 2025)
- $521.3K
- Net income (H1, 2025)
- ($912.6K)
- Cash (H1, 2025)
- $228.0K
- EBIT (H1, 2025)
- ($1.0M)