IPO Year: 2023
Exchange: NASDAQ
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Issued on behalf of VisionWave Holdings, Inc.NEW YORK, Feb. 24, 2026 /CNW/ -- Equity Insider News Commentary -- India has unveiled a record defense budget of approximately $87 billion for fiscal year 2026, representing a 15% increase that signals the country's accelerating investment in multi-layered air defense systems and indigenous military technology[1]. Across Europe, the European Union has launched its SAFE initiative, mobilizing up to $178 billion in defense upgrades as member states move to strengthen continental security infrastructure[2]. Companies positioning at the intersection of counter-drone technology, space-based defense intelligence, and AI-driven military platforms include
Kfar Saba, Israel, Feb. 20, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced the receipt of an additional order from a second branch at an Israeli defense entity for its advanced DefendAir™ multi-layered Counter-UAS (C-UAS) solution. This additional order builds on the Company's successful first deployment with an Israeli defense entity earlier this year and underscores the growing trust in ParaZero's innovative net-based interception technology. The new order includes: Specialized Launchers:
NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary - Unmanned aerial vehicles (UAVs), commonly known as drones, have become a transformative technology in modern defense and military operations, reshaping strategies from reconnaissance to precision strike capabilities. Military drones offer armed forces enhanced situational awareness, reduced risk to personnel, and cost-efficient mission profiles across surveillance, target acquisition, logistics, and electronic warfare. As autonomous systems incorporating artificial intelligence and advanced sensor suites continue to mature, they are increasingly integral to networked battlefield operations and force multiplie
Kfar Saba, Israel, Feb. 18, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, proudly announces outstanding results from an internal live testing of its DefendAir™ system. In the trial, DefendAir successfully intercepted a fast-moving drone traveling at 70 mph using its patented net-launching technology. This marks the first-ever successful net-based interception of a drone at such high speed by ParaZero. The system demonstrated its capability for real-time, on-the-move protection against rapidly approaching
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Equity-Insider.com News Commentary – The Department of Defense's total IT budget for fiscal 2026 reached $66 billion, a $1.8 billion increase from 2025, with the Army boosting AI spending by 38.3% and the Air Force increasing force application funding by 143.8%[1]. Congress backed the shift with an $839 billion defense spending bill that allocated $7.6 billion for 47 F-35 Joint Strike Fighters and $474 million in additional funding for the EA-37B Compass Call electronic warfare aircraft[2]. VisionWave Holdings (NASDAQ:VWAV), Kratos Defense & Security Solutions (NASDAQ:KTOS), ParaZero Technologies (NASDAQ:PRZO), Innoviz Technologies (NASDAQ:INVZ),
Join ParaZero at Enforce Tac 2026 Israeli National Pavilion and See its Proven Counter-Drone Technology - Contact ParaZero to Arrange a Private Meeting Kfar Saba, Israel, Feb. 09, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced its participation in Enforce Tac 2026, Germany's leading trade fair for security and defence. The event, held from February 23–25, 2026, at the Exhibition Centre Nuremberg, brings together decision-makers, innovators, and professionals from government agencies, militar
Kfar Saba, Israel, Jan. 30, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced it has received a second substantial order from a major global defense corporation for its advanced interception net-pods. This follow-on order builds on the company's earlier success with the same strategic partner and underscores the proven effectiveness and growing demand for ParaZero's counter-UAS technologies. The order is for operational net-pods designed to address a wide range of aerial drone threats, providin
Kfar Saba, Israel, Jan. 27, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced the signing of a new reseller agreement with a prominent Western European partner. The agreement includes an initial purchase order for DefendAir training kits, marking another step in ParaZero's strategic expansion throughout Europe, particularly within major NATO-aligned defense markets. This latest reseller partnership builds on ParaZero's recent successes in the region, including a strategic distribution agreement
Kfar Saba, Israel, Jan. 22, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today highlights the key advancements and validations that propelled its DefendAir counter-UAS platform forward in 2025. As drone threats escalated worldwide, driven by conflicts, urban security challenges, and critical infrastructure vulnerabilities, ParaZero's DefendAir platform is emerging as a key player in delivering precision interception capabilities. These retrospective highlights industry-wide trends and ParaZero's key busine
Kfar Saba, Israel, Jan. 15, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "company" or "ParaZero"), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced the signing of a reseller agreement with Lella Kentonis Investment Co. Limited ("Lella Kentonis"), specializing in homeland security equipment. Under the agreement, Lella Kentonis has been appointed as ParaZero's reseller in Cyprus, granting rights to distribute and integrate ParaZero's product lines into the Cypriot defense and homeland security market. "We are excited to partner with Lella Kentonis to bring our pro
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NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Equity-Insider.com News Commentary – The Department of Defense's total IT budget for fiscal 2026 reached $66 billion, a $1.8 billion increase from 2025, with the Army boosting AI spending by 38.3% and the Air Force increasing force application funding by 143.8%[1]. Congress backed the shift with an $839 billion defense spending bill that allocated $7.6 billion for 47 F-35 Joint Strike Fighters and $474 million in additional funding for the EA-37B Compass Call electronic warfare aircraft[2]. VisionWave Holdings (NASDAQ:VWAV), Kratos Defense & Security Solutions (NASDAQ:KTOS), ParaZero Technologies (NASDAQ:PRZO), Innoviz Technologies (NASDAQ:INVZ),
Long-Endurance UAVs Powered by Solar Energy Are Unlocking New Commercial and Defense Revenue Streams Market News Updates News Commentary NEW YORK, Jan. 15, 2026 /PRNewswire/ -- The solar drone industry—referring to unmanned aerial vehicles (UAVs) powered in whole or part by solar energy—is emerging as a compelling niche within the broader aerospace and UAV markets. Unlike traditional battery-dependent drones, solar drones harness photovoltaic cells mounted on their wings and surfaces to extend flight endurance dramatically, reduce operational costs, and lower environmental impact. This unique value proposition is increasingly attracting attention from commercial sectors such as agriculture,
MarketNewsUpdates News Commentary NEW YORK, Aug. 28, 2025 /PRNewswire/ -- The military drone market is experiencing significant growth due to increasing demand for unmanned aerial vehicles (UAVs) in various military applications such as intelligence, surveillance, and reconnaissance (ISR), combat operations, and border patrolling. Drones are being increasingly adopted for these purposes because they can provide real-time data and reduce human casualties. Looking at the future, advancements in drone technology, such as improved endurance and autonomous capabilities will add to the drones' popularity. Many countries are significantly increasing their defense spending to modernize their milita
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NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary - Unmanned aerial vehicles (UAVs), commonly known as drones, have become a transformative technology in modern defense and military operations, reshaping strategies from reconnaissance to precision strike capabilities. Military drones offer armed forces enhanced situational awareness, reduced risk to personnel, and cost-efficient mission profiles across surveillance, target acquisition, logistics, and electronic warfare. As autonomous systems incorporating artificial intelligence and advanced sensor suites continue to mature, they are increasingly integral to networked battlefield operations and force multiplie
Kfar Saba, Israel, July 14, 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 the appointment of Mr. Ariel Alon, a seasoned executive to the role of Chief Executive Officer, effective immediately. Mr. Alon is an experienced executive with a proven track record of leading and managing high-performing local and global business teams across multiple sectors, including unmanned aircraft systems, finance, high-tech, defense, government ministries, and distribution companies in Israel, the U.S., EMEA, and APAC. Since 2023, Mr.
Mr. Natan Israeli served for three decades in the Israeli Air Force as a senior officer and will support ParaZero's growing activity in the military and defense markets Tel Aviv, Israel, Dec. 12, 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, today announces it has strengthened its board of directors with the appointment of Mr. Natan Israeli, a Brig. Gen. (Res.), formerly Head of the Personnel Directorate in the Israeli Air Force (IAF) and leader of a UAV squadron, effective December 11, 2024. Mr. Israeli has served as Kaltura
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
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