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We've secured funding from NASA and the NSF through the Small Business Innovation Research program, have LOI's signed from over a dozen customers in diverse industries, and are ready to apply our technologies — starting with the $10B wildfire industry in the US, Canada, and Australia. CEO Joshua Resnick and the Tesla Semi Truck.Our US-made technology carries heavy loads for 10x the duration of all-electric systems.Our tech vs. competitionWe have demonstrated the heavy lift capability and duration of our core technology with our prototype aircraft. Now we are\u0026nbsp;applying everything we have learned to designing a\u0026nbsp;Beta level product, which we will be flying later this year, and\u0026nbsp;putting into customer hands early next year.\u0026nbsp;For our first\u0026nbsp;products, we are focusing our technology to fight forest fires. Federal agencies, such as the\u0026nbsp;US Forest Service, and private companies\u0026nbsp;are actively looking for heavy lift solutions for wildfire and other applications, but the existing solutions are too limited in terms of flight duration and payload. Our tech will be made rugged enough to survive the wildfire environment which will make it capable of surviving anywhere.\u0026nbsp;The US spends $500M on controlled burns each year. Performing these burns with helicopters is dangerous and expensive, and a number of pilots have died. Agencies are starting to use drones for controlled burns but they need heavy lift systems that can cover more ground. We have partnered with a premier ignition payload manufacturer, Drone Amplified,\u0026nbsp;to deliver a solution for large-scale\u0026nbsp;unmanned controlled burns.\u0026nbsp;Wildland firefighters use a drone to ignite a prescribed burn using the Drone Amplified systemWe need Parallel Flight Technologies now more than ever because of the wildfire crisis happening worldwide — mainly caused by climate change and a growing wildland-urban interface. On average, firefighters only have air support for 8 hours per day.\u0026nbsp;Unmanned aircraft will enable round-the-clock support for fire crews increasing safety and effectiveness.We have 12 LOIs already signed by major corporate partners across multiple industries, including prescribed fire, wildfire applications, SAR, precision agriculture, heavy sensors, and invasive species removal.Our heavy lift unmanned systems open new possibilities for firefighting, search-and-rescue, ship-to-shore, agriculture, construction, medical,\u0026nbsp;remote logistics and many other\u0026nbsp;applications.We’ve already raised $1.7M through grants, private investment, and\u0026nbsp;regulation crowdfunding, and our trajectory is strong. Here’s what this latest round will help us achieve. Together, let's save lives, property, and the environment.","quick_facts":["US-made drone technology with 1.7M raised already through grants, private investment, and Reg CF.","CEO was the Tesla Semi Truck lead electrical engineer. Strong technical founding team.","Partnership with NASA and NSF (National Science Foundation). Received SBIR grant. Proprietary tech.","Carries heavy loads for 10x the duration of competitive systems.","Advisors: Former Navy test pilot, Tesla Strategist, sucessful entrepreneur, and aerial firefighter.","12 LOIs already signed by major corporate partners.","Initial focus on wildfire crisis. Working with federal and state agencies to apply our technology.","$10B market opportunity for wildfire in the US, Canada, and Australia alone. 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This structure is new, and allows all the crowdfunding investors to come in as a single line on our Cap table. This can be a huge benefit for future funding rounds of the company. The Lead investor structure is there to mimic a VC structure, and allows the Lead to vote the shares when voting rights are present. I hope this helps! The thing to keep in mind is that company succ..."},{"question":"what is my original investment now worth ??","answer":"Hi Reed, I can't give securities advice in the Q\u0026amp;A so I need to keep this broad. In general, a private investment is worth what you can sell it for. The real value comes at a liquidity event such as an acquisition or IPO. We are raising this round at a higher valuation based on new tech developments and increased customer traction from our previous round. I hope this helps! Thanks, Josh"},{"question":"Hi Joshua, Carrying nothing, how far can this drone fly autonomously from its base and how long would it take it to get there? Thanks.","answer":"Hi Kevin, Based on data from our prototype and calculations from components going into our Beta aircraft, we calculate that with an auxiliary fuel tank the aircraft has an estimated hover time of 8 hours. Full forward flight speed is conservatively estimated at 50mph, though this will reduce flight time. A 250 mile max distance at 50mph is a conservative estimate. That being said, our current radio package is only rated to 30 miles, we will need to implement a satellite link for true long dis..."},{"question":"The previous round was on 'startengine' , why is this one on wefunder?","answer":"Hi Vishvesh, A number of our investors are asking this. This decision was made primarily around cost. Both platforms are excellent. This also gives us the opportunity to get exposure to WeFunders audience. Thanks, Joshua"},{"question":"Hi Joshua, Last question. What country do you intend to manufacture this drone in? Thanks, Kevin","answer":"Hi Kevin, We will manufacture the drones in the USA. We are sourcing US components wherever possible. The long term vision is to vertically integrate to as much as is practical. We are working on some exciting partnerships for carbon, engine, and other components in the US. 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