30 Most Innovative Companies of the Year 2024
Business Fortune
Recent estimates indicate that the annual expenditure of the U.S. Department of Defense (DoD) on the research, development, testing, and evaluation of new defense systems is at least $38 billion. Astonishingly, approximately 40 percent of this colossal sum, which amounts to no less than $16 billion, is dedicated solely to the crucial process of software development and testing.
Defense software has emerged as a decisive factor on the battlefield, propelling advancements like autonomous systems, networked weapons, and cyberweapons. Defense's future depends on companies with a strong focus on software, emphasizing responsiveness and continual improvement through iterative development processes.
In such a landscape, Parry Labs is positioned to emerge as a trailblazing and pivotal software company in the sector. Parry Labs is revolutionizing the modern battlespace by integrating digital systems, enabling fast deployment, and providing a significant combat advantage.
Parry Labs harmonizes open software architecture and SWaP-optimized hardware to establish a unified framework that is integrated, agile, and engineered to provide the most essential technology at mission-critical speed. As a reliable mission partner and digital pioneer, Parry introduces the dominance of digital to the edge.
The following excerpts are from a conversation with Aydin Mohtashamian, the Chief Operating Officer of Parry Labs, LLC
Q. What was the series of events that led to the founding of Parry Labs?
The genesis of Parry Labs can be traced back to a series of pivotal events that underscored a glaring need within the market. We were observant to the changes in RF technology and noticed a growing need for an RF company that could meet specific requirements with precision and excellence. Inspired by this, we started Parry Labs with a shared vision to fill a market gap and offer exceptional RF technology solutions. The establishment of Parry Labs was not a sudden choice, but instead the result of careful foresight and strategic planning, driven by a strong dedication to innovation and customer focus.
Q. What inspired the decision to start a defense company focusing on software and edge computing?
This was a niche area at the time, and there was a huge need for it in the market, yet not many vendors were willing to take the risk of offering OEM agnostic solutions.
Q. How has Parry Labs grown since its founding? What part has innovation contributed to the company’s growth?
Since its inception, Parry Labs has experienced remarkable growth and evolution, driven by a multifaceted strategy that includes innovation, talent acquisition, and service diversification. Central to our growth trajectory has been the invaluable contribution of our unique and highly skilled workforce. At the core of our organization, there is a dynamic integration team renowned for its ability to address complex challenges directly while also leading the way in creating solutions that push the boundaries of what is currently available in the market.
Innovation is the cornerstone of our company's growth. It drives us to continually explore new frontiers and pioneer groundbreaking technologies that not only meet but exceed our clients' expectations. Because of our strong commitment to research and development, we have created a culture of innovation that impacts every part of our work. This allows us to continually stay ahead of the curve and foresee emerging trends and customer requirements.
Furthermore, our growth story is marked by our multifaceted capabilities, including software development, integration, and hardware design and fabrication services. Our holistic approach enables us to provide comprehensive solutions that not only meet the diverse needs and requirements of our clients, but also position us as the ultimate destination for all their technological needs.
As we continue to prioritize innovation and diversify our services, our strategic expansion into multiple office locations nationwide has played a vital role in driving our growth trajectory. With headquarters in Alexandria, VA, and additional offices in Columbia, MD, Huntsville, AL, and Dallas, TX, we have built a robust nationwide presence, fostering enhanced accessibility and collaboration with clients and partners across diverse geographical regions.
Q. What are the advantages clients receive in choosing to do business with Parry Labs over its rivals?
Clients who choose to partner with Parry Labs gain access to a myriad of distinct advantages that set us apart from our competitors in the industry. One of the foremost benefits lies in our unparalleled ability to customize and tailor solutions to precisely match the unique needs and requirements of each individual client. Unlike many of our rivals, who may offer standardized or one-size-fits-all solutions, we pride ourselves on our agility and responsiveness in adapting to the specific challenges and objectives of our clients.
Moreover, our commitment to delivering tailored solutions is characterized by a culture of innovation and efficiency, enabling us to expedite the development and deployment process without compromising on quality or performance. By leveraging cutting-edge technologies and adopting a collaborative approach to problem-solving, we empower our clients with solutions that not only meet their immediate needs but also position them for long-term success and growth.
Q. Walk us through Parry Labs’ Stratia Software Stack and its applications.
Stratia works seamlessly across mission critical and non-mission critical operating environments.
More information can be found here: Stratia Software Stack - Parry Labs
Q. How important is innovation for the company? What steps has the company taken to promote and nurture innovation within its team?
We have hired a unique and highly skilled set of individuals who are able to tackle a variety of challenges because of their diverse backgrounds. Our employees are able to create solutions for uncrewed aviation customers all the way to those in the ground vehicle domain.
Q. What are Parry Labs’ plans for the future?
We will continue to provide custom tailored hardware solutions for our customers and proliferate our DevSecOps environment for rapid prototyping and simulation.
Meet the Chief Operating Officer
Aydin Mohtashamian is the Chief Operating Officer of Parry Labs, LLC, where he drives company performance through technical and programmatic excellence, creativity, and vision.
Mohtashamian has over 20 years of experience in growing businesses, promoting innovation, and managing sales and marketing. They are skilled in building partnerships and integrating complex technologies for multi-domain operations. Prior to joining Parry Labs, Mohtashamian held several executive positions at QinetiQ (formerly MTEQ) and L3 Technologies.
Mohtashamian has a master's degree in business administration from the University of Maryland, a master's in systems engineering from Texas A&M University, and a bachelor's in chemistry and nuclear engineering from the United States Military Academy. He has a certificate in international affairs from Texas A&M University and also holds recognized certificates in engineering and project management.
