SC 13G - ParaZero Technologies Ltd. (0001916241) (Subject)

First order received under newly launched ABOT-ParaZero SafeAir brand, The ABOT-PZ, supported by CE Class C5 certification TEL AVIV, Israel, March 07, 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, announced a strategic partnership with ABOT, one of France's largest drone distributors of advanced drone solutions for various industries, to expand the availability of its cutting-edge SafeAirTM parachute recovery systems in the French market. Under this new collaboration, ABOT will become an official reseller of ParaZero's SafeAi

TEL AVIV, Israel, Feb. 20, 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, recently announced that it has successfully achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems. This milestone marks a step forward for the company, solidifying its position as a trusted provider of safety solutions in the rapidly expanding drone market. ParaZero secured EASA compliance for its SafeAir systems. The Company announced last week that its system is integrated with the DJI Matrice 350,

The second phase follows the successful showcasing of the AirDrop System's ability to safely deliver sensitive and critical supplies under challenging conditions Tel Aviv, Israel, Feb. 18, 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, announced today that following the successful completion of Phase I of the DropAir, ParaZero's Precision Airdrop System with the Israeli Ministry of Defense, the Company is officially transitioning to Phase II of the project.  Phase II will focus on delivering pilot systems for implementation an

TEL AVIV, ISRAEL, Feb. 13, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company"), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, today announced the closing of the previously announced registered direct offering with institutional investors for the purchase and sale of approximately $3.1 million of ordinary shares and pre-funded warrants at a price of $1.10 per ordinary share. The offering consisted of the sale of 2,518,182 ordinary shares and 300,000 pre-funded warrants at a public offering price of $1.10 per ordinary share (or $1.09999 for each pre-funded warrant, which is equal to the public

TEL AVIV, ISRAEL, Feb. 12, 2025 (GLOBE NEWSWIRE) --  ParaZero Technologies Ltd. (NASDAQ:PRZO) (the "Company"), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $3.1 million of ordinary shares and pre-funded warrants at a price of $1.10 per ordinary share. The offering consisted of the sale of 2,818,182 ordinary shares (or pre-funded warrants) at a public offering price of $1.10 per ordinary share (or $1.09999 for each pre-funded warrant, which is equal to the p

Tel Aviv, Israel, Feb. 11, 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 announces preliminary unaudited results for the year ended December 31, 2024. The Company's revenues for the year ended December 31, 2024 are expected to increase by approximately 45% and are expected to amount to approximately $900,000, compared to revenues of approximately $620,000 in the year ended December 31, 2023. As of December 31, 2024, the Company had cash and cash equivalents of approximately $4.2 million, compared to approximately $7.4 mi

Tel Aviv, Israel, Feb. 11, 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, recently announced that it has gained another impressive achievement with its DropAir Precision airdrop system. The Company announced last week the successful demonstration of the DropAir system in collaboration with a leading global defense company. The demonstration showcased the DropAir system's ability to safely and precisely deliver critical supplies under challenging operational conditions. During the test, ParaZero's proprietary DropAir technology

TEL AVIV, Israel, Feb. 11, 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, announced today that its SafeAir systems, integrated with the DJI Matrice 350, DJI Mavic 3T and DJI Mavic 3E, have successfully achieved CE Class C5 compliance. This achievement marks a significant advancement in drone safety and regulatory readiness, particularly within the European market. The CE Class C5 certification is crucial for compliance with the European Union Aviation Safety Agency (EASA) regulations, especially for operators navigating the co

Tel Aviv, Israel, Feb. 07, 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, is set to attend in IDEX UAE 2025, one of the world's premier defense and security exhibitions. IDEX UAE, held in Abu Dhabi from February 17-21, 2025, serves as a strategic platform for defense companies to engage with global military. As drone technology continues to evolve, safety and counter-drone solutions are critical for defense and homeland security operations. At IDEX UAE, ParaZero aims to explore new collaborations and market opportunities with d

Tel Aviv, Israel, Feb. 05, 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, announced today the successful demonstration of its DropAir Precision airdrop system in collaboration with a leading global defense company. The demonstration showcased the DropAir system's ability to safely and precisely deliver critical supplies under challenging operational conditions. During the test, ParaZero's proprietary DropAir technology was deployed in multiple high-altitude drone airdrops. The system's advanced parachute mechanism activated at l