Parallel Flight Technologies Inks Multi-Million-Dollar Aircraft Deal
La Selva Beach, CA, May 24, 2023 (GLOBE NEWSWIRE) — Leading heavy-lift drone developer, Parallel Flight Technologies, announces a significant deal involving the sale of 50 autonomous aircraft to India-based drone and robotics solutions provider, UAV Systems Private Limited (UAVS). Alongside the deal, Parallel Flight will also ensure seamless functioning of these platforms through its continuous maintenance, repair, and overhaul services. Deliveries under this agreement are set to commence in 2024.
This monumental agreement marks a pivotal step in Parallel Flight’s international expansion, strengthening its position as a top-tier UAV solution provider in India. The alliance will bring forth customer-centric solutions that blend cutting-edge technology, safety, high efficiency, and affordability across various industries.
UAV Systems Private Limited, supported by various prominent Indian conglomerates, is an expert in UAV solutions, demonstrating a solid track record in penetrating emerging markets with turnkey solutions. The Indian market exhibits broad acceptance of drone technology across sectors such as energy, agriculture, renewables, mining, conservation/reforestation, defense, law enforcement, and several other industrial logistics applications.
“We chose to collaborate with Parallel Flight owing to their unique technology, inventive approach, customer comprehension, and the commendable backgrounds of their team,” states Arab Khan, CEO of UAV Systems. He adds, “The proficiency of their scientists and engineers in creating outstanding heavy-lift drone technology fills a technology gap in India. We are excited about this partnership and anticipate the demand for Parallel’s units to increase to over 500 in the upcoming years.”
Read more here: https://www.santacruzworks.org/news/parallel-flight-technologies-inks-multi-million-dollar-aircraft-deal