Perl Programming/Perl 6
Raku will separate parsing and compilation and runtime, making the virtual machine more attractive to developers looking to port other languages to the architecture.
Parrot is the Raku runtime, and can be programmed at a low level in Parrot assembly language. Parrot exists in a limited form as of June, 2003, and a small number of languages (Jako, Cola, Basic, Forth and a subset of Raku) exist simply to be 'compiled' down to Parrot assembly language opcodes.
While Raku is being developed, the best way to stay informed about what's happening is to keep an eye on Weekly Rakudo News. Go there to see glimpses of Raku.