diff --git a/parfor/__init__.py b/parfor/__init__.py
index 46add5e..fc7792b 100644
--- a/parfor/__init__.py
+++ b/parfor/__init__.py
@@ -10,7 +10,7 @@ from warnings import warn
 from tqdm.auto import tqdm
 
 from . import gil, nogil
-from .common import Bar, cpu_count
+from .common import Bar, SharedArray, cpu_count
 
 if hasattr(sys, '_is_gil_enabled') and not sys._is_gil_enabled():  # noqa
     from .nogil import ParPool, PoolSingleton, Task, Worker
diff --git a/parfor/common.py b/parfor/common.py
index b2a043f..b067eb2 100644
--- a/parfor/common.py
+++ b/parfor/common.py
@@ -1,10 +1,58 @@
 from __future__ import annotations
 
 import os
-from typing import Protocol
+from multiprocessing.shared_memory import SharedMemory
+from typing import Any, Callable, Protocol, Sequence
+
+import numpy as np
+from numpy.typing import ArrayLike, DTypeLike
 
 cpu_count = int(os.cpu_count())
 
 
 class Bar(Protocol):
     def update(self, n: int = 1) -> None: ...
+
+
+class SharedArray(np.ndarray):
+    """ Numpy array whose memory can be shared between processes, so that memory use is reduced and changes in one
+        process are reflected in all other processes. Changes are not atomic, so protect changes with a lock to prevent
+        race conditions!
+    """
+
+    def __new__(cls, shape: int | Sequence[int], dtype: DTypeLike = float, shm: str | SharedMemory = None,
+                offset: int = 0, strides: tuple[int, int] = None, order: str = None) -> SharedArray:
+        if isinstance(shm, str):
+            shm = SharedMemory(shm)
+        elif shm is None:
+            shm = SharedMemory(create=True, size=np.prod(shape) * np.dtype(dtype).itemsize)
+        new = super().__new__(cls, shape, dtype, shm.buf, offset, strides, order)
+        new.shm = shm
+        return new
+
+    def __reduce__(self) -> tuple[Callable[[int | Sequence[int], DTypeLike, str], SharedArray],
+                                  tuple[int | tuple[int, ...], np.dtype, str]]:
+        return self.__class__, (self.shape, self.dtype, self.shm.name)
+
+    def __enter__(self) -> SharedArray:
+        return self
+
+    def __exit__(self, *args: Any, **kwargs: Any) -> None:
+        if hasattr(self, 'shm'):
+            self.shm.close()
+            self.shm.unlink()
+
+    def __del__(self) -> None:
+        if hasattr(self, 'shm'):
+            self.shm.close()
+
+    def __array_finalize__(self, obj: np.ndarray | None) -> None:
+        if isinstance(obj, np.ndarray) and not isinstance(obj, SharedArray):
+            raise TypeError('view casting to SharedArray is not implemented because right now we need to make a copy')
+
+    @classmethod
+    def from_array(cls, array: ArrayLike) -> SharedArray:
+        """ copy existing array into a SharedArray """
+        new = cls(array.shape, array.dtype)
+        new[:] = array[:]
+        return new
diff --git a/parfor/gil.py b/parfor/gil.py
index e30a57d..d672391 100644
--- a/parfor/gil.py
+++ b/parfor/gil.py
@@ -319,7 +319,10 @@ class PoolSingleton:
         if pool_id in self.pools:
             self.pools.pop(pool_id)
         if len(self.pools) == 0:
-            self.time_out = asyncio.get_event_loop().call_later(600, self.close)  # noqa
+            try:
+                self.time_out = asyncio.get_running_loop().call_later(600, self.close)  # noqa
+            except RuntimeError:
+                self.time_out = asyncio.new_event_loop().call_later(600, self.close)  # noqa
 
     def error(self, error: Exception) -> NoReturn:
         self.close()
diff --git a/pyproject.toml b/pyproject.toml
index 2f3c93d..5d1be80 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "parfor"
-version = "2024.12.1"
+version = "2025.1.0"
 description = "A package to mimic the use of parfor as done in Matlab."
 authors = ["Wim Pomp <wimpomp@gmail.com>"]
 license = "GPLv3"
@@ -15,7 +15,7 @@ dill = ">=0.3.0"
 pytest = { version = "*", optional = true }
 
 [tool.poetry.extras]
-test = ["pytest"]
+test = ["pytest", "numpy"]
 
 [tool.isort]
 line_length = 119
diff --git a/tests/test_parfor.py b/tests/test_parfor.py
index 269a275..a0e9708 100644
--- a/tests/test_parfor.py
+++ b/tests/test_parfor.py
@@ -6,9 +6,10 @@ from os import getpid
 from time import sleep
 from typing import Any, Iterator, Optional, Sequence
 
+import numpy as np
 import pytest
 
-from parfor import Chunks, ParPool, parfor, pmap
+from parfor import Chunks, ParPool, SharedArray, parfor, pmap
 
 try:
     if sys._is_gil_enabled():  # noqa
@@ -135,3 +136,14 @@ def test_n_processes(n_processes) -> None:
         return getpid()
 
     assert len(set(fun)) == n_processes
+
+
+def test_shared_array() -> None:
+    def fun(i, a):
+        a[i] = i
+
+    with SharedArray(100, int) as arr:
+        pmap(fun, range(len(arr)), (arr,))
+        b = np.array(arr)
+
+    assert np.all(b == np.arange(len(arr)))