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Recently Funded|Amount: USD 80.0M|Industry: Defense and Space Manufacturing

ParryLabs Secures $80 Million in Funding to Lead the Digital Transformation at the Edge

ParryLabs

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201-500 employees employees (Est.)
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Parry Labs is thrilled to announce its successful funding round, having raised an impressive $80 million to further its mission of redefining the edge for the modern battlespace. Specializing in digital systems integration, Parry Labs is dedicated to enhancing military capabilities through agile, mission-critical technology that meets today’s rapidly changing demands. The funding will play a crucial role in advancing the company’s pioneering initiatives, allowing for the accelerated development of its open software architecture and SWaP (Size, Weight, and Power) optimized hardware. This strategic investment will empower Parry to deploy cutting-edge solutions with unmatched speed, reinforcing its commitment to delivering a decisive combat advantage to its partners. As the complexities of modern warfare evolve, having the right technological edge becomes imperative. Parry Labs, recognized as a trusted mission partner and digital innovator, is at the forefront of this transformation. With this significant capital influx, the company aims to enhance its research and development efforts, expand its product offerings, and streamline integration processes, ensuring that military operations can leverage the Dominance of Digital like never before. The funds will support various initiatives, including the expansion of the engineering team and collaboration with key industry stakeholders to drive innovation. Parry Labs is excited about this new chapter, poised to solidify its position as a leader in the field and continue to make impactful advancements that guarantee operational success in the modern battlespace. Stay tuned for the remarkable developments that lie ahead!
August 30, 2024

Buying Signals & Intent

Our AI suggests ParryLabs may be interested in solutions related to:

  • Modular Systems
  • Software Solutions
  • Uncrewed Systems
  • Autonomous Systems
  • Cybersecurity Solutions

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