IPO Year: 2023
Exchange: NASDAQ
ParaZero's SafeAir M-300/ M-350 Pro parachute systems comply with key safety requirements, enabling drone operators to enhance their operational scope Tel Aviv, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on safety systems for defense and commercial drones and urban air mobility aircraft, announces that it has received the Design Verification Report (DVR) approval from the European Union Aviation Safety Agency (EASA) for its SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits. This approval adds to ParaZero's portfolio of previously granted approvals from the Federal Aviation Admi
Tel Aviv, Israel, Nov. 07, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on safety systems for defense and commercial drones and urban air mobility aircraft, recently announced that it has received a $187,000 purchase order from a U.S.-based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This order, which was initially announced in September 2024, followed the successful completion of the advanced drone safety system customization project that the Company previously announced and marks another milestone for ParaZero in the growing air mobility sector. The purchase order included prepa
TEL AVIV, Israel, Oct. 08, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company specializing in drone safety systems for defense and commercial drones and for urban air mobility aircraft, recently announced that it has achieved significant milestones in the rapidly growing Counter-Unmanned Aerial Systems (C-UAS) market with back-to-back orders for its advanced counter-drone solution. These recent successes highlight ParaZero's impressive entry into the counter-drone sector, following its earlier announcement this year to expand into the defense and Homeland Security (HLS) market. ParaZero's breakthrough began with securing
TEL AVIV, Israel, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company specializing in drone safety systems for defense and commercial drones and for urban air mobility aircraft, today announced that it has received a new purchase order for its advanced Counter-Unmanned Aerial Systems (C-UAS) solution from a global leading Tier 1 defense and intelligence OEM company. This is another significant achievement for ParaZero in its continued expansion into the defense market and the rapidly growing counter-drone market specifically. This order follows the company's recent success in securing an initial contract for its in
Tel Aviv, Israel, Sept. 24, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on safety systems for defense and commercial drones and urban air mobility aircraft, announced today that it has received a $187,000 purchase order from a U.S.-based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This order follows the successful completion of the advanced drone safety system customization project that the Company previously announced and marks another milestone for ParaZero in the growing air mobility sector. The purchase order includes preparations for serial production, as well as the delivery of
TEL AVIV, Israel, Sept. 13, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company specializing in drone safety systems for defense and commercial drones and for urban air mobility aircraft, today announced it has received its first order for its innovative Counter Unmanned Aerial Systems solution from a global leading Tier-1 defense customer. This marks a significant milestone in ParaZero's expansion into the defense market, and specifically in the counter-unmanned aerial systems market, leveraging the company's cutting-edge technology to address emerging security challenges in various industries. ParaZero announced earlier t
TEL AVIV, Israel, Sept. 05, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircrafts, today announced that it has signed an agreement with BladeRanger Ltd. (TASE: BLRN) ("BladeRanger"), a developer of a powerful cleaning payload for drones that is designed for inspection and washing of solar panels and tall buildings. The multi-phase agreement is valued at approximately $230,000. As part of the agreement, ParaZero will support regulatory processes with the Israeli Civil Aviation Authority (CAA) to develop and certify a safe drone o
TEL AVIV, Israel, Sept. 03, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, reported today its financial results for the six months ended June 30, 2024. Key Highlights of ParaZero's Achievements in the First Half of 2024 & Recent Updates: Enhanced presence in the defense market: announced partnership with a Tier 1 defense OEM company to adapt and integrate its cutting-edge drone safety system for operational military and medical missions use. The company received the first order as part of a wider collaboration that aims
ParaZero met all milestones as required by the Advanced Air Mobility company, achieving complete customer satisfaction Tel Aviv, Israel, Aug. 27, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today the successful completion of an advanced safety system project for a pioneering U.S. based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This project focused on integrating an innovative safety solution into the customer's manned aircraft, which is designed for personal, private, military, and
Join ParaZero at the Commercial UAV Expo in Las Vegas and DroneX in London to Explore the Future of Drone Safety Tel Aviv, Israel, Aug. 26, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today its participation in two of the most significant events in the drone industry this year. These events offer a unique platform for ParaZero to showcase its cutting-edge drone safety technologies, engage with industry professionals and explore new opportunities for innovation and collaboration. Commercial UAV Expo, Las Veg
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Ben Moshe is set to join ParaZero as a specialist advisor, utilizing his extensive network in defense and homeland security to advance the company's technology Tel Aviv, Israel, Dec. 21, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announced today the appointment of Nir Ben Moshe, former senior director in the Israeli Ministry of Defense as a specialist advisor to advance the Company's technology in the global defense market. In his role as a specialist advisor, Mr. Ben Moshe will utilize his network to tap into defense
Tel Aviv, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) ("ParaZero"), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced that Mr. Cameron Chell has joined the ParaZero team as special advisor. Mr. Chell will help facilitate business development efforts in the drones' market as well as the defense field. Mr. Chell is a seasoned entrepreneur and executive, bringing more than 25 years of experience in the technology industry as well as expertise working in public companies. He is the co- founder and CEO of Draganfly Innovations Inc., (NASDAQ:DPRO), an award-winning, industry-leadin
SC 13G - ParaZero Technologies Ltd. (0001916241) (Subject)
The new FAA regulations state that drones weighing under 3.5 pounds with a system that has passed the ASTM F3322-18 and above test are approved to fly over populated areas
ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company" or "ParaZero"), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, received a significant purchase order from Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) (FSE: 3U8A) ("Draganfly"), an industry pioneer in commercial drone technology. This order will feature ParaZero's safety technology integrated into Draganfly's Commander 3XL drones, marking a big step in enhancing the safety and operational capabilities of these drones for critical missions.The Commander 3XL, known for its versatility and endurance, is set to become even safer and more reliable with the integration of ParaZero's cutt
Shares of Skillsoft Corp. (NASDAQ:SKIL) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates. Skillsoft posted adjusted loss of $3.09 per share, versus market estimates of $3.27 per share. The company’s quarterly sales came in at $137.540 million versus expectations of $141.897 million. Skillsoft shares dipped 26.7% to $6.74 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers WiSA Technologies, Inc. (NASDAQ:WISA) jumped 85% to $3.2379 after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand. Palisade Bio, Inc. (NASDAQ:PALI)
As part of the ongoing collaboration with Vayu Aerospace, ParaZero's safety systems will be integrated into Vayu's fleet of G-1MKII, G-1MKIII, US-1-MKII and US-2 delivery drones to be used as part of Global Autonomous Corporation's (Global Autonomous) efforts overseas
As announced on December 20, 2023, and in line with the project agreement, ParaZero has received full payment for the development of a first-of-its-kind custom variant of their innovative SafeAir drone safety system.