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 approx ...

Core Viewpoint - ParaZero Technologies Ltd. has successfully demonstrated its DropAir Precision airdrop system, showcasing its capability to deliver critical supplies safely and precisely under challenging conditions, indicating a significant advancement in drone-based logistical support for military and humanitarian operations [1][2][5]. Group 1: Company Achievements - The DropAir system was demonstrated in collaboration with a leading global defense company, highlighting its advanced parachute mechanism that ensures minimal drift and precise landings during high-altitude drone airdrops [2][4]. - Following the successful demonstration, ParaZero plans to advance the DropAir system into the next phase of development, focusing on enhancing its capabilities for real-world applications [2][4]. Group 2: Technology Overview - The DropAir Precision Airdrop System is designed to revolutionize drone-based logistical support, enabling precise and secure delivery of supplies in high-risk environments, leveraging ParaZero's advanced parachute technology [3][4]. - The system aims to support military forces and emergency responders, ensuring rapid and secure deliveries in demanding operational scenarios [3][5]. Group 3: Company Background - ParaZero Technologies, founded in 2014, specializes in autonomous parachute safety systems for both commercial and military applications, including urban air mobility and Counter UAS systems [6]. - The company is committed to advancing aerial safety and precision in critical supply missions, with a focus on integrating its technology into real-world operational scenarios [5].

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 t ...

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 evolv ...

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 operatio ...

ParaZero’s cutting-edge safety solutions support industry-leading BVLOS drone operations, marking a significant step forward in the integration of drones into national airspace. Tel Aviv, Israel, Feb. 03, 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 significant milestone in the advancement of drone operations. A leading drone soluti ...

ParaZero's cutting-edge safety solutions support industry-leading BVLOS drone operations, marking a significant step forward in the integration of drones into national airspace. Tel Aviv, Israel, Feb. 03, 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 significant milestone in the advancement of drone operations. A leading drone solutio ...

The new integrated system is capable of delivering multiplied blood transfusions in a matter of minutes under fire Tel Aviv, Israel, Jan. 29, 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 successful launch of a pilot program utilizing its DropAir - Precision Airdrop System in a high-risk operational zone. The program, cond ...

TEL 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. The HALO Precision Airdrop System (High-Altitude Low-Opening) is design ...

Tel 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 cri ...