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ParaZero to Present Next-Generation Drone Safety Innovations & New CUAS Net Launcher at XPONENTIAL 2025
Globenewswire· 2025-05-15 12:32
Core Insights - ParaZero Technologies Ltd. is set to showcase its advancements in safety systems for unmanned aircraft at XPONENTIAL 2025, a leading global event for uncrewed systems and robotics [1][2] - The company will present its SafeAir™ M4 parachute recovery system, featuring a new design with triple sensor redundancy for enhanced safety in the drone industry [2] - ParaZero will also debut its defense applications, including the "DefendAir" Counter-UAS Net launcher and the "DropAir" parachute delivery system, utilizing over 10 years of proven technology [3][4] Company Overview - ParaZero, founded in 2014, specializes in autonomous parachute safety systems for commercial and military applications, including urban air mobility and Counter UAS technologies [5] - The company aims to enable safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS) [5] - ParaZero's commitment to advancing drone safety and defense technologies is highlighted by its participation in industry events like XPONENTIAL 2025 [4]
ParaZero Secures New European Order for SafeAir M4 Systems, Expanding Presence in Innovative Drone Market
Globenewswire· 2025-05-13 12:32
Core Insights - ParaZero Technologies Ltd. has received a follow-on purchase order for its SafeAir™ M4 parachute recovery system from a prominent European drone technology partner, indicating strong demand in the European drone market [1][3][4] Company Overview - ParaZero is an aerospace company focused on safety systems for commercial unmanned aircraft and defense counter-UAS systems, established in 2014 by aviation professionals and drone industry veterans [4] - The company develops autonomous parachute safety systems designed for safe flight operations over populated areas and various military applications [4] Product Details - The SafeAir™ M4 is an autonomous parachute recovery system designed for integration with DJI's Matrice 4 series, featuring real-time telemetry and compliance with European regulatory standards [2] - The system aims to enable safe drone operations in urban areas throughout the EU, reflecting the company's commitment to high safety standards [2] Market Dynamics - The order from the European partner highlights the increasing demand for certified safety solutions in high-regulation markets, particularly in sectors such as precision agriculture, infrastructure inspection, and emergency response [3][4] - The European partner is a key player in the commercial drone ecosystem, serving enterprise clients and contributing to the growth of ParaZero's market presence [3]
ParaZero Receives Significant European Order for SafeAir™ M4 Systems from Leading Drone Technology Distributor
Globenewswire· 2025-05-06 11:55
Core Insights - ParaZero Technologies Ltd. has received a new order for dozens of its SafeAir™ M4 systems from a prominent European drone distributor, indicating a growing demand for its advanced drone safety solutions in the European commercial and enterprise sectors [1][3] - The SafeAir™ M4 is designed for seamless integration with DJI's Matrice 4 series and features a new deployment mechanism with real-time telemetry, expected to comply with the highest European regulatory standards [2] - The order reflects increasing recognition of ParaZero's certified drone safety technologies in high-regulation markets across Europe, highlighting the company's successful adoption in demanding commercial environments [3] Company Overview - ParaZero Technologies is a leading developer of autonomous parachute safety systems for commercial and military platforms, as well as urban air mobility aircraft, founded in 2014 by aviation professionals and drone industry veterans [3] - The company focuses on enabling safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS), along with various military applications including Counter UAS [3]
ParaZero and Heven Drones Receive the Israeli Ministry of Defense Approval to Market Globally DropAir Precision Airdrop System
Globenewswire· 2025-04-30 11:15
Core Insights - ParaZero Technologies Ltd. has received official marketing approval from the Israeli Ministry of Defense's Defense Export Controls Agency (DECA) for its DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones [1][4] - The approval allows ParaZero and Heven to market their integrated solution globally across commercial, defense, and humanitarian sectors [2][4] - The DropAir system enables accurate and safe aerial delivery of critical payloads, designed for autonomous deployment in challenging environments [3][4] Company Overview - ParaZero Technologies is focused on safety systems for commercial unmanned aerial systems and counter UAS systems, founded in 2014 by aviation professionals and drone industry veterans [5] - Heven, established in 2019, specializes in custom autonomous UAV platforms and aims to unlock the potential of the drone economy with hydrogen-powered drones [6] Strategic Implications - The DECA approval is expected to support ParaZero's growth strategy by opening new international markets for its precision aerial delivery solution and enhancing partnerships with UAV manufacturers [4]
ParaZero Achieves Extended Class C5 Certification for DJI Mavic 3 Series, Expanding European Market Access
Globenewswire· 2025-04-24 11:15
Core Insights - ParaZero Technologies Ltd. has achieved a significant milestone by extending its European regulatory compliance under Class C5 for its SafeAir™ system, specifically designed for DJI's Mavic 3 drone series [1][2] Regulatory Compliance - The newly expanded certification includes full Class C5 conformity for the DJI Mavic 3 series, which now allows the Mavic 3 Pro and Pro Cine units to operate under enhanced permissions in urban and sensitive airspace as per EASA guidelines [2][3] Operational Capabilities - Class C5 conformity enables drone operations under the Specific Category in Europe, particularly for missions in dense urban areas, enhancing operational safety and compliance [3] - ParaZero's SafeAir system offers autonomous emergency response features, including real-time flight monitoring, situational awareness, and a patented ballistic parachute system, which are crucial for safe operations over populated areas [3][4] Company Overview - ParaZero Technologies, founded in 2014, focuses on safety systems for commercial unmanned aerial systems and counter UAS systems, aiming to enable safe flight operations beyond visual line of sight (BVLOS) and for military applications [4]
ParaZero Receives the Israeli Ministry of Defense Approval to Market Globally its DropAir Precision Airdrop System in Collaboration with Heven Drones
Globenewswire· 2025-04-21 12:34
TEL AVIV, Israel, April 21, 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 today that official marketing approval from the Israeli Ministry of Defense’s Defense Export Controls Agency (DECA) was received for the DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones (“Heven”) , a leading U.S. drone manufacturer wi ...
Correction: ParaZero Launches SafeAir M4 – Its Most Advanced Parachute Recovery System, Now Compatible with DJI Matrice 4
GlobeNewswire News Room· 2025-04-17 20:33
New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 17, 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, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parac ...
ParaZero Launches SafeAir M4 – Its Most Advanced Parachute Recovery System, Now Compatible with DJI Matrice 4
Globenewswire· 2025-04-15 11:25
New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 15, 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, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parac ...
ParaZero Announces Receipt of Nasdaq Minimum Bid Price Notification
Globenewswire· 2025-04-11 20:15
Core Points - ParaZero Technologies Ltd. has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share [1][2] - The company has a compliance period of 180 calendar days, until October 7, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days [2] - If compliance is not regained within the initial period, the company may be eligible for an additional 180-day compliance period under certain conditions [2] - The notice does not have an immediate effect on the company's Nasdaq listing or trading of its shares, which will continue to trade under the symbol "PRZO" during the grace period [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems [4] - The company was founded in 2014 by aviation professionals and drone industry veterans, specializing in smart, autonomous parachute safety systems [4]
ParaZero Extends Class C5 Certification for SafeAir System to Additional DJI Mavic 3 Models
Globenewswire· 2025-04-10 12:10
Core Points - ParaZero Technologies Ltd. has announced the extension of its European regulatory compliance under Class C5 for its SafeAir™ system, now covering the Mavic 3 Pro and Mavic 3 Pro Cine models [1][2] - The certification allows enhanced operational permissions for the Mavic 3 series under the European Union Aviation Safety Agency (EASA) guidelines, particularly for urban and sensitive airspace operations [2][3] - The SafeAir system provides autonomous emergency response features, including real-time flight monitoring and a patented ballistic parachute system, aimed at enhancing safety for drone operators in densely populated areas [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, founded in 2014 by aviation professionals and drone industry veterans [4] - The company designs smart, autonomous parachute safety systems to enable safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS) [4]