Parallel Flight Technologies on StartEngine
Saving lives, property, and the environment
Raise to date: $1,069,794
Reporting Date: 01/15/2020
Key Stats
|
Minimum Raise
$9,999 |
Maximum Raise
$1,069,999 |
Likelihood of Max
|
|
Start Date
10/11/2019 |
Stop Date
01/13/2020 |
Days Remaining
Closed |
|
Security Type
Equity |
Investment Minimum
$294 |
Deal Type
No Review |
Investment Summary
|
Status
Confirmed Closed |
# of Investors
1,493 |
% of Minimum Raised
10,699% |
% of Maximum Raised
100% |
|
Dollars Per Day to Reach Max
N/A |
DPD* Committed
$11,381 |
DPD* Category
$0 |
DPD* All Companies
$1,154 |
$1,069,794
Commitments
Weekly Commitments ($)
Aggregate Commitments ($)
SEC Filing Data from Kingscrowd
Parallel Flight Technologies, with a pre-money valuation of $7.98 million, is raising funds on StartEngine. The company has built a patent-pending drone technology that will be used in fighting wildfires, logistics, and search and rescue missions. The drones of Parallel Flight Technologies will be able to carry heavy loads for over two hours. Parallel Flight Technologies was founded by Joshua Resnick in 2018. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000. Parallel Flight Technologies has a partnership with NASA wherein it has received a Phase 1 grant to continue its prototype development. The company is on its way to save lives, property, and the environment and has won several prestigious innovation awards.