MacRumors reports that a second technical preview of Parallels 16 for M1 Macs is now available for testing.

Parallels 16 for M1 Macs Gets Technical Preview 2 Update With New Features

Parallels today released a second Technical Preview, introducing new features and various improvements to the software for a better usage experience. The update adds support for suspending and resuming a virtual machine, improves stability, and more, with the full feature list below.

Parallels 16 for M1 Macs Gets Technical Preview 2 Update With New Features