Parity, a company specializing in the development of liquefied hydrogen technology, has been announced as part of the prestigious Defense Innovation Company 100 Project. The project, initiated to identify innovative entities shaping the future of the defense industry, is a significant step for Parity in advancing its footprint in defense technology. Parity's emphasis on decarbonized energy and electrification of weapons systems aligns well with the project's objectives. Notably, Parity's expertise in creating power packs utilizing liquefied hydrogen showcases its commitment to energy efficiency and decarbonization. The company has been actively involved in various projects related to liquefied hydrogen, including drones, locomotives, and tanks for commercial vehicles. Their recent completion of a hydrogen liquefaction production facility, meeting stringent safety standards, highlights their technological prowess. The liquid hydrogen drone in development by Parity is anticipated to revolutionize modern warfare with its exceptional capabilities, including extended flight durations, low noise profile, high-speed performance, and heavy payload capacity. Kim Sa-soon, CEO of Parity, expressed ambitions to further enhance their liquefied hydrogen mobility technology to create cutting-edge products for diverse applications in future battlefields. The Defense Innovation Company 100 initiative aims to nurture 100 innovative venture companies in high-tech sectors like space, semiconductors, AI, drones, and robots. Providing financial support, export facilitation, and investment opportunities, the initiative aims to bolster technological advancements in the defense industry from 2022 to 2026.