Parallels Desktop for Apple M1 Macs is on the way

A version of the Parallels Desktop hardware emulation virtualization software developed expressly for for Apple M1 Macs is in development, Parallels says.
Parallels Desktop for Mac
Nick Dobrovolskiy for Parallels:Parallels is excited to see the performance, power efficiency, and virtualization features that are brought to the Mac with Apple M1 chip. The transition to Mac with Apple M1 chip should be smooth for most Mac applications, thanks to Rosetta technology. Fortunately, our Parallels Access