IPO Year: 2023
Exchange: NASDAQ
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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
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,
AUSTIN, Texas, Jan. 14, 2026 (GLOBE NEWSWIRE) -- via IBN – ParaZero Technologies Ltd. (NASDAQ:PRZO), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, has engaged IBN, a multifaceted financial news and publishing company serving private and public entities, to assist with its corporate communications strategy. ParaZero specializes in multi-layered Counter-Unmanned Aircraft System ("Counter-UAS") technologies designed to neutralize hostile drones in complex, contested, and urban environments. Founded by aviation and defense technology professionals, ParaZero develops autonomous interception and precision-de
Kfar Saba, Israel, Jan. 12, 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 reflects on a transformative 2025 for its DropAir™ Precision Airdrop System – turning battlefield lessons from recent wars into validated, life-saving technology now expanding to civilian, medical, and humanitarian markets worldwide. In 2025, ParaZero achieved a series of significant milestones that positioned DropAir as a leading solution for precise, no-landing deliveries in high-risk environments: February 2025: Successfully
Drones as a Service Companies are Targeting Future-Ready Drone Operations for Commercial, Agricultural, Military and Defense Services Market News Updates News Commentary NEW YORK, Jan. 8, 2026 /PRNewswire/ -- Both the U.S. and global Drone-as-a-Service (DaaS) markets are poised for substantial growth in the coming year and beyond. The U.S. Drone as a Service (DaaS) market is poised for strong growth in 2026, driven by AI, automation, and demand from agriculture, construction, and logistics, with projections placing the market around $8.2 billion in 2026, up from $6.3 billion in 2024, according to some reports. Key trends include increasing adoption for cost savings, greater integration of B
Kfar Saba, Israel, Jan. 08, 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, announces that its DefendAir Counter-Unmanned Aerial System (C-UAS) has demonstrated 100% interception success in live field demonstrations against two of the most challenging hostile drone types currently threatening military forces, critical infrastructure, and border security: FPV kamikaze attack drones and DJI FlyCart heavy-lift smuggling drones. Recent field demonstrations, conducted in controlled real-world conditions, showca
Kfar Saba, Israel, Jan. 05, 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, recently announced a significant milestone: the successful completion of its first live demonstration of the DefendAir counter-unmanned aerial system (C-UAS) platform on European soil. This high-profile event, held in partnership with a premier Western European distributor, drew approximately 40 senior military officers from multiple NATO member states. Attendees witnessed firsthand the exceptional performance of DefendAir as it eff
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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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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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