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PRESS RELEASE
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Parallel Flight Technologies and LIFT Aircraft enter agreement for hybridisation of HEXA eVTOL aircraft
Thursday, 20 January 2022

Parallel Flight Technologies, a leader in heavy-lift drone technology, and LIFT Aircraft are pleased to announce a new collaboration to develop a hybridisation solution for LIFT's HEXA eVTOL aircraft. Parallel Flight's proprietary Parallel Hybrid Electric Multirotor (PHEM) drone technology is an exponential improvement over existing solutions in terms of flight time with a heavy payload, yielding increased efficiency and eliminating the large battery used in other hybrids.

Parallel Flight's core Parallel Hybrid technology can be customised for next generation aircraft, which has the potential to extend HEXA's flight time from 15 minutes to well over an hour and drastically increase range. If successful, LIFT would offer both all-electric and hybrid eVTOL flights at its vertiports, depending on the flight route and distance. Expanded applications for the LIFT HEXA after hybridization will include manned search and rescue, enhancing first responder capabilities by allowing for substantially quicker response times to remote locations; as well as considerable increases in useful flight durations and ranges for different military platforms.

"Parallel's hybrid technology can offer the best of both worlds - instant electric torque needed for multirotor flight control combined with very high energy density of liquid fuels. Our all-electric aircraft is designed for short range/short-duration flights - which we believe will be the largest segment in the eVTOL market. However, a hybrid system will allow us to offer a significantly expanded flight area for those wanting to fly longer distances", says Matt Chasen, Founder and CEO of LIFT Aircraft

Joshua Resnick, CEO of Parallel Flight Technologies, adds, "LIFT's revolutionary aircraft architecture is an ideal platform for hybridisation using our Parallel Hybrid Electric Multritoror (PHEM) technology. HEXA's design lends itself to safety, redundancy, and modularity, and I think there will be many use-cases and market opportunities enabled by a joint, hybrid solution."

Parallel Flight's transformative UAS technology can be applied across multiple logistics verticals, including real-time and complex healthcare logistics, tactical support for firefighters and first responders, and industrial logistics. By serving as an original equipment manufacturer and service provider, Parallel Flight Technologies is well-positioned to revolutionise drones as a service (DAAS) on a global scale.

Contact details from our directory:
Parallel Flight Technologies Airframer
Lift Aircraft Inc. Airframer
Related aircraft programs:
LIFT Hexa
Related directory sectors:
Electrical Power Systems