Order reflects growing demand for ParaZero's advanced drone safety solutions across the European commercial and enterprise sectors TEL AVIV, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, today announced that it has received a new order for dozens of units of its innovative SafeAir™ M4 system. The order was placed by a prominent European drone distributor that serves a wide range of commercial, public safety, and enterprise drone operators across the region. The SafeAir™ M4, ParaZero's next-generation autonomo

TEL AVIV, Israel, April 30, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announced recently that official marketing approval from the Israeli Ministry of Defense's Defense Export Controls Agency (DECA) was received for the DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones ("Heven").  Heven is a leading U.S. drone manufacturer with roots in Israel that specializes in custom autonomous UAV platforms. This authorization from DECA enables ParaZero and Heven to actively market their joint DropAir-integr

Expanded approval now includes Mavic 3 Pro and Mavic 3 Pro Cine, completing regulatory pathway for enterprise drone operations in urban and sensitive areas TEL AVIV, Israel, April 24, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, recently announced a significant milestone: the extension of its European regulatory compliance under Class C5 for its SafeAir™ system designed for DJI's Mavic 3 drone series. With this newly expanded certification, as previously announced, ParaZero has now completed full Class C5 conformity for DJI Mav

TEL AVIV, Israel, April 21, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announced today that official marketing approval from the Israeli Ministry of Defense's Defense Export Controls Agency (DECA) was received for the DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones ("Heven") , a leading U.S. drone manufacturer with roots in Israel that specializes in custom autonomous UAV platforms.This authorization from DECA enables ParaZero and Heven to actively market their joint DropAir-integrated solution

New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 17, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parachute recovery system now fully compatible with the DJI Matrice 4 series. The SafeAir M4 represents the most advanced version of ParaZero's proven SafeAir system, incorporating aircraft

New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 15, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parachute recovery system now fully compatible with the DJI Matrice 4 series. The SafeAir M4 represents the most advanced version of ParaZero's proven SafeAir system, incorporating aircraft

TEL AVIV, Israel, April 11, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced it has received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a period of 180 calendar days compli

Expanded compliance now includes Mavic 3 Pro and Mavic 3 Pro Cine, completing Class C5 coverage across core M3 series models TEL AVIV, Israel, April 10, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced an extension of its European regulatory compliance under Class C5 for its SafeAir™ system designed for DJI's Mavic 3 drone series. Following the recent inclusion of the Mavic 3 Pro and Mavic 3 Pro Cine submodels, ParaZero's SafeAir system now achieves full Class C5 conformity across the following DJI Mavic 3 platforms

Proposed acquisition would bring advanced space technologies and deep-space navigation expertise into ParaZero's innovation portfolio TEL AVIV, Israel, March 27, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) ("ParaZero"), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the signing of a non-binding Letter of Intent (LOI) to acquire 100% of the issued and outstanding share capital of Lulav Space Ltd. ("Lulav"), a company specializing in the development of counter drone systems, AI, space-grade autonomous systems, and computer vision. Lulav Space was founded in 2021 with the goal of developi

TEL AVIV, Israel, March 21, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, reported today its financial results for year ended December 31, 2024. Key Highlights of ParaZero's Achievements in 2024 & Recent Highlights: Sales increased by 50.2% to $932,154 for the year ended December 31, 2024, mainly thanks to shifting towards sales to OEM integrations, which couples with recuring revenues in addition to the traditional aftermarket segment.Since the beginning of 2025, the Company has significantly strengthened its cash position b