ParaZero Unveils SafeAir Raptor: Advanced Drone Safety System Specifically Designed for Anzu Robotics' Raptor SeriesTel Aviv, Israel, Jan. 23, 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 the launch of its latest product, the SafeAir Raptor. This latest and innovative safety system is specifically engineered for compatibility with Anzu Robotics’ Raptor and Raptor T (thermal) drone models.
ParaZero Receives Israel Ministry of Defense Approval for of its HALO Precision Airdrop System for DronesTEL AVIV, Israel, Jan. 17, 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 it has received official approval from the Israeli Defense Export Controls Agency (DECA) under the Ministry of Defense (MOD) for the marketing of its HALO Precision Airdrop System.
ParaZero Announces Successfully Tests HALO Precision Airdrop System for Critical Supply DeliveriesTel Aviv, Israel, Jan. 15, 2025 (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 aircrafts, announced today the successful completion of a development test for its HALO Precision Airdrop System, marking a significant milestone in the system’s progression toward operational readiness. The test showcased the HALO system's ability to safely deliver sensitive and critical supplies, including blood units, under challenging conditions.
ParaZero Receives MOD Approval for Marketing of the DefendAir, Its Counter-Drone SolutionTEL AVIV, Israel, Jan. 10, 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 it has received official approval from the Israeli Defense Export Controls Agency (DECA) under the Ministry of Defense (MOD) for the marketing of its cutting-edge Counter-Unmanned Aerial Systems (C-UAS) solution. This milestone marks a significant step in ParaZero’s efforts to expand its presence in the global defense and security markets.
ParaZero Launches SafeAir Raptor: Advanced Drone Safety System for Anzu Robotics' Raptor SeriesTel Aviv, Israel, Jan. 07, 2025 (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 aircrafts, announced today the launch of its latest product, the SafeAir Raptor. This latest and innovative safety system is specifically engineered for compatibility with Anzu Robotics' Raptor and Raptor T (thermal) drone models.
ParaZero Secured Major Australian Order for Drone Safety Systems, Strengthening Industry LeadershipTel Aviv, Israel, Dec. 23, 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 aircrafts, previously announced that it received an order for its SafeAir™ systems from a significant distributor specializing in drones and drone technology in Australia.
ParaZero Regains Compliance with Nasdaq Minimum Bid Price RuleTel Aviv, Israel, Dec. 16, 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 announced that it has received a written notice from Nasdaq Stock Market LLC (“Nasdaq”)informing the Company that it has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2). ParaZero is now in compliance with all applicable listing standards and its ordinary shares will continue to be listed and traded on the Nasdaq Capital Market.
ParaZero to Add Former Seasoned UAV Squadron Leader as a Member of its Board of DirectorsMr. 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
ParaZero Announces Significant Order for Drone Safety Systems from a Leading Australian DistributorTel Aviv, Israel, Dec. 11, 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 aircrafts, announced today the receipt of an order for its SafeAir™ systems from a significant distributor specializing in drones and drone technology in Australia. This order highlights ParaZero’s growing footprint in the Australian market, built on recent regulatory achievements and strategic partnerships.
ParaZero Successfully Delivers Custom Drone Safety System to one of the Largest Global Automotive ManufacturersParaZero met the customer’s goal and delivered a custom system for extremely demanding flight conditions according to the automotive manufacturer's proprietary aircraft program
ParaZero’s Drone System Received European Regulatory ApprovalParaZero's System for Drone Obtained EASA Approval, Expanding Operational Opportunities for Drone Operators
ParaZero Partners with Drone Nerds to Expand SafeAir Systems Reach Across North AmericaTel Aviv, Israel, Nov. 26, 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 partnering with Drone Nerds Inc., one of North America’s largest enterprise drone solution providers. This collaboration marks a significant step forward in making ParaZero’s innovative SafeAir Parachute Recovery System accessible to enterprise customers across industries as the Company expands its reach across in North America.
ParaZero Received Regulatory Approval in Europe for its Drone Safety SystemParaZero's SafeAir M-300/ M-350 Pro parachute systems comply with key safety requirements, enabling drone operators to enhance their operational scope
ParaZero Secured $187,000 Purchase Order for Cutting-Edge Drone Safety Systems, Moving Closer to Mass-ProductionTel 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.
ParaZero Gains Traction the Counter-Drone System Market with Back-to-Back Orders for Advanced C-UAS SolutionsTEL 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 Secures New Order for Advanced Counter-Drone System from Global Defense and Intelligence OrganizationTEL 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.
ParaZero Receives $187,000 Purchase Order for Advanced Drone Safety Systems Moving Towards Serial ProductionTel 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.
ParaZero Received First Order for its Advanced Counter Unmanned Aerial Vehicles Solution from Global Leading Tier-1 Defense CompanyTEL 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 Signs an Agreement with Autonomous Solar Panels Drone Company Valued Over $200,000TEL 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.
ParaZero Announces First Half of 2024 Financial ResultsTEL 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.
ParaZero Announces its Participation in Exciting Global Events Lineup to Showcase its Drone Safety SystemsJoin ParaZero at the Commercial UAV Expo in Las Vegas and DroneX in London to Explore the Future of Drone Safety
ParaZero Received Order from a Leading Tier-One Defense Company for 50 Drone Safety Systems for Military Operational UseTel Aviv, Israel, Aug. 12, 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 a partnership with a Tier 1 leading 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 to enhance the efficiency and safety of medical field mission’s deliveries, particularly in critical and remote areas.
ParaZero Technologies Ltd. (NASDAQ: PRZO) Announces Receipt of Extension to Meet the Nasdaq's Minimum Bid Price RequirementTel Aviv, Israel, Aug. 09, 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 that on August 8, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is eligible for an additional 180 calendar day period, or until February 3, 2025, to regain compliance with the Nasdaq's minimum $1 bid price per share requirement.
ParaZero Received ASTM F3322-22 Standard Approval According to FAA New Regulations Allowing Flight Operation Over PeopleThe 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 Integrates its Safety Technology into Draganfly’s Commander 3XL Drones for Home Hospital Delivery and Emergency ResponseTel Aviv, Israel, April 25, 2024 (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, today announced a strategic collaboration with Draganfly Inc. (Nasdaq: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly”), an industry pioneer in commercial drone technology, integrating its advanced safety technology into Draganfly’s Commander 3XL drones. This enhancement is set to significantly boost the safety and reliability of UAVs in crucial applications and emergency operations. By incorporating ParaZero's state-of-the-art safety technology into Draganfly's Commander 3XL drones, the collaboration ensures enhanced safety for urban and wilderness operations.
ParaZero Received Purchase Order from Draganfly for Advanced Safety Technology Integration into Commander 3XL DronesTel Aviv, Israel, April 24, 2024 (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, 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.
ParaZero Develops Counter Drone Solutions Leveraging Its Unique TechnologyThe counter unmanned aircraft system (C-UAS) market is estimated to reach over $15 billion by 2032
ParaZero to Showcase Latest Drone Safety Solutions at Xponential 2024 ConferenceTel Aviv, Israel, April 02, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announces its participation in Xponential 2024, the premier conference and exhibition for unmanned systems and robotics. The event is scheduled to take place from April 22 – 25, 2024 in San Diego, USA.
ParaZero to Enter the Multi-Billion Dollar Counter Drone MarketThe counter unmanned aircraft system (C-UAS) market is estimated to reach over $15 billion by 2032
ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation 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
ParaZero Announces Receipt of Nasdaq Minimum Bid Price NotificationTel Aviv, Israel, Feb. 09, 2024 (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, 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.
ParaZero Achieved Positive Results from Mutual Project with Fortune 500 Automotive ManufacturerParaZero is furthering its collaboration with the same esteemed customer, having recently secured an additional order
ParaZero Has Enabled Precedent-Setting Light UAS Operator Certificate Approval in DenmarkThe light UAS operator certificate (LUC) approval allows for self-authorized cross-border drone operations throughout the European Union without additional approval required
Former Director of Security of the Israeli Defense Establishment Nir Ben Moshe Joining ParaZeroBen 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
ParaZero Successfully Completed its Drone Safety Project with a Fortune 500 Leading Automotive ManufacturerParaZero is furthering its collaboration with the same esteemed customer, having recently secured an additional order
ParaZero to Elevate Aerospace Safety Standards to Military AircraftInnovative new strategic partnership targets helicopter and drone enhanced safety
ParaZero and KULR Technology Group Form Working Strategic Partnership to Serve Military and Drone MarketsTel Aviv, Israel, Dec. 05, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announced today it has formed a working partnership with KULR Technology Group, Inc. (NYSE American: KULR) ("KULR"), a global leader in sustainable energy management, to leverage ParaZero's business network within the defense industry for applying KULR's vibration reduction technology ("KULR VIBE") on helicopter and rotorcraft fleets.
Australia Greenlights Game-Changing Era: Commercial Drones with ParaZero Safety Systems to Fly in Populated AreasParaZero is thrilled to be at the forefront of this aviation evolution, enabling safer and more dynamic drone applications across the Australian skies
ParaZero Elevates Defense Drone Safety with Groundbreaking AI Avionics SystemTel Aviv, Israel, Nov. 17, 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, recently unveiled a pioneering AI-driven avionics system, SmartAir Trinity, setting a new standard for drone safety within the defense sector. This advanced technology offers real-time malfunction detection and critical mission analytics, ensuring a robust solution to support operational security for defense drones.
Seasoned Drone, Air Mobility and Defense Executive Cameron Chell Joins ParaZero as AdvisorTel 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.
ParaZero Technologies Ltd. Announces Closing of $5.1 Million Private PlacementKIRYAT ONO, ISRAEL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (“ParaZero” or the “Company”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced the closing of its recently announced securities purchase agreement. The aggregate gross proceeds to the Company were $5.1 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
ParaZero Technologies Ltd. Announces Pricing of $5.1 Million Private PlacementKIRYAT ONO, ISRAEL, Oct. 26, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (“ParaZero” or the “Company”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced that it has entered into a securities purchase agreement with certain institutional investors for aggregate gross cash proceeds of $5.1 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
ParaZero Technologies and Maris-Tech Expand their Collaboration into the Defense Market for DronesThe joint solution will integrate safety technology and predictive maintenance into a unified platform, leveraging Maris-Tech's artificial intelligence and video analytics capabilities
Australian Regulator Approves First Commercial Drone Flights in Populated Areas and Near People Using ParaZero Safety SystemsParaZero and OVRL make history overcoming the previous regulatory barriers, now enabling the first operational approval in Australia for an organization to conduct advanced drone operations in populated areas and near people
ParaZero Introduces New Geocaging Functionality Targeting Air Mobility Safety in Restricted AreasThe new solution provide drone' saftey systems with secure long-range and beyond visual line of sight (BVLOS)
ParaZero to Showcase its Pioneering Drone Safety Systems at the 2023 DroneX Tradeshow & ConferenceTel Aviv, Israel, Sept. 21, 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, announced today its participation in the DroneX Tradeshow & Conference, set to take place on September 26th & 27th, 2023, at the ExCeL London venue. The show promises to be a melting pot of innovation, offering an international stage for professionals interested in the latest advancements in Unmanned Aerial Vehicle (UAV) and urban air mobility (UAM) technologies.
Airobotics Optimus 1-EX Drone Receives Historic U.S. FAA Type Certification; Using ParaZero SafeAir Safety SystemThe Airobotics Optimus-1EX Uncrewed Aircraft System is the first non-air carrier drone designed for autonomous security and data capture that has been granted Type Certification by the Federal Aviation Administration (FAA)
ParaZero to Showcase its Leading Safety Systems for Commercial Drones at the Commercial UAV Expo in Las VegasTel Aviv, Israel, Sept. 05, 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, announces its participation in the upcoming Commercial UAV Expo in Las Vegas, Nevada, on September 5-7, 2023. The Company to showcase its autonomous safety systems for commercial drone and urban air mobility (UAM) aircraft.
ParaZero Develops New AI-Based Safety and Awareness System for Commercial Drones and Urban Air Mobility AircraftThe Company's next-generation avionics are built with sophisticated visual awareness cameras and a robust sensor-array malfunction detection system to enable unmanned aircraft systems (UAS) and electric vertical takeoff and landing (eVTOL) aircraft to conceive and analyze surroundings, similar to a human pilot and mitigate flight risks autonomously.
ParaZero Enhances Drone Safety with SafeAir for New DJI ModelParaZero continues to expand its compatibility with popular drone systems with the release of the SafeAir M30 Pro, a unique safety system for the DJI M30
ParaZero to Present its Leading Safety Systems for Commercial Drones at the International Drone Show in DenmarkParaZero Technologies sets the standard for drone safety at the annual International Drone Show, unveiling its innovative solutions for safer drone operations in urban environments
ParaZero Customer Speedbird Aero Celebrates 10,000 Operational Delivery Flights, Protected by ParaZero SafeAir Parachute Recovery SystemsKiryat Ono, Israel, Aug. 21, 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 one of its customers, Speedbird Aero, a world-leading innovator in drone delivery technology development and service provision, has achieved a significant milestone by successfully completing 10,000 operational delivery flights. These landmark deliveries encompass essential medical supplies, on-demand food delivery, and critical telecom components to communities worldwide. What makes this achievement even more remarkable is the unmatched safety and reliability ensured by the integration of mission-critical drone technologies, including ParaZero's cutting-edge SafeAir parachute recovery systems throughout Speedbird Aero's delivery drone fleet.
ParaZero Unveils SafeAir M350 Pro: An Advanced Safety System for DJI M350 RTK Drones Now Available for OrdersTel Aviv, Israel, Aug. 14, 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 its new parachute system, SafeAir M350 Pro, which is designed for DJI's newest enterprise drone, DJI M350 RTK, which is now available for orders at: https://parazero.com/product/safeair-m350-pro/.
ParaZero Launches SafeAir M350 Pro for DJI's New Enterprise DroneParaZero continues to expand its compatibility with popular drone systems with the release of the SafeAir M350 Pro, a unique safety system for the DJI M350 RTK
ParaZero Receives Second Order from One of the World’s Largest Automotive ManufacturersThe repeat order is for a custom safety solution for the Fortune 500 automotive manufacturer’s proprietary drone program
ParaZero Receives Order From an Air Taxi and Cargo Drone Solutions CompanyParaZero continues to expand its presence in the commercial drone and urban air mobility markets worldwide
ParaZero Technologies Ltd. Announces Closing of $7.8 Million Initial Public OfferingKIRYAT ONO, ISRAEL, July 31, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (“ParaZero” or the “Company”) today announced the closing of its initial public offering of 1,950,000 ordinary shares at a price to the public of $4.00 per share. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, were $7.8 million.
ParaZero Technologies Ltd. Announces Pricing of $7.8 Million Initial Public OfferingKIRYAT ONO, ISRAEL, July 26, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (“ParaZero” or the “Company”) announced today the pricing of its initial public offering of 1,950,000 ordinary shares at a price to the public of $4.00 per share. The ordinary shares are expected to begin trading on The Nasdaq Capital Market under the ticker symbol PRZO on July 27, 2023. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $7.8 million, excluding any exercise of the underwriter’s over-allotment option. The offering is expected to close on July 31, 2023, subject to customary closing conditions.
