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]

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]

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 ...

Core Viewpoint - ParaZero Technologies Ltd. has launched the SafeAir M4, a next-generation autonomous parachute recovery system designed to enhance drone safety, particularly compatible with the DJI Matrice 4 series [1][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 [6]. Product Features - The SafeAir M4 incorporates aircraft-grade technology, an airbag-based deployment mechanism, and a plug-and-play design, ensuring compliance with U.S. and European aviation regulations [2][8]. - Key features include: - Airbag-driven parachute deployment for rapid activation - Triple sensor redundancy for fail-safe accuracy - Swappable parachute capsules to ensure zero downtime - Autonomous Triggering System (ATS) with advanced failure-detection algorithms - Integrated Flight Termination System (FTS) requiring no drone modifications - Plug-and-play setup in under 2 minutes - Bluetooth & Wi-Fi OTA updates and built-in GPS for future geo-fencing capabilities - Real-time telemetry on remote control with extended battery life - Comprehensive compliance with pending certifications [8]. Market Positioning - The launch of the SafeAir M4 is seen as a strategic milestone for ParaZero, reinforcing its role in the growing global drone safety market, particularly as demand for certified safety solutions increases across various sectors such as infrastructure, logistics, defense, and public safety [3][4].

Core Viewpoint - ParaZero Technologies Ltd. has launched the SafeAir M4, a next-generation autonomous parachute recovery system designed to enhance drone safety, particularly compatible with the DJI Matrice 4 series [1][2][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 [6]. Product Features - The SafeAir M4 incorporates aircraft-grade technology, an airbag-based deployment mechanism, and a plug-and-play design, ensuring compliance with U.S. and European aviation regulations [2][4]. - Key features include: - Airbag-driven parachute deployment for ultra-fast and reliable activation - Triple sensor redundancy for fail-safe accuracy - Swappable parachute capsules for zero downtime - Autonomous Triggering System (ATS) with advanced failure-detection algorithm - Integrated Flight Termination System (FTS) requiring no drone modifications - Plug-and-Play setup in under 2 minutes - Bluetooth & Wi-Fi OTA updates and built-in GPS for future geo-fencing capabilities - Real-time telemetry on remote control with extended battery life - Comprehensive compliance with ASTM F3322-22 and European classifications [5][8]. Market Positioning - The launch of the SafeAir M4 is seen as a strategic milestone for ParaZero, reinforcing its role in the growing global drone safety market, particularly as demand increases across sectors like infrastructure, logistics, defense, and public safety [3][4].

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]

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]

Core Insights - ParaZero Technologies Ltd. has signed a non-binding Letter of Intent to acquire 100% of Lulav Space Ltd., which specializes in counter drone systems and advanced space technologies [1][4] Company Overview - ParaZero is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, founded in 2014 [5] - Lulav Space, established in 2021, develops vision-based precision navigation systems for space robotics and has expanded into defense with counter-drone technologies [2] Acquisition Details - The acquisition is expected to close in the second quarter of 2025, subject to due diligence and definitive agreements, and will be financed through a combination of cash and equity [3] - Lulav's expertise in autonomous solutions and precision navigation is anticipated to enhance ParaZero's capabilities in the counter UAS field and open new commercial market opportunities [4]

Exhibit 99.1 ParaZero Announces 2024 Financial Results Tel Aviv, Israel, March 21, 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, reported today its financial results for year ended December 31, 2024. Key Highlights of ParaZero's Achievements in 2024 & Recent Highlights: Expanded operations in the defense sector & Recent Highlights: Commercial d ...

Core Insights - ParaZero Technologies Ltd. reported significant advancements in 2024, particularly in the defense sector, driven by increased reliance on drones in modern warfare and urban mobility [6][7] - The company achieved a 50.2% increase in sales, reaching $932,154, attributed to a shift towards OEM integrations and recurring revenues [7][13] - ParaZero's financial position improved with a cash position of approximately $4.2 million as of December 31, 2024, following a registered direct offering and warrant exercises [9][13] Financial Performance - Sales increased by $311,646, or 50.2%, to $932,154 for the year ended December 31, 2024, compared to $620,508 in 2023 [13] - Cost of sales rose by $397,251, or 83.3%, to $873,861, primarily due to increased sales volume and an inventory write-off of approximately $114,680 [13] - Research and development expenses surged by $1,506,552, or 237%, to $2,143,353, driven by higher labor and material costs [13] - Net loss increased by $7,282,851, or 193%, to $11,054,230 for the year ended December 31, 2024, compared to a net loss of $3,771,379 in 2023 [13][20] Operational Developments - The company launched the DropAir - Precision Airdrop System for rapid delivery of blood transfusions in high-risk operational zones, successfully testing it with a leading drone company [7] - ParaZero advanced its Counter-Unmanned Aerial Systems (C-UAS) solution, securing new orders from a Tier-1 defense customer [7] - The company received regulatory approvals for its safety systems, including the Design Verification Report from the European Union Aviation Safety Agency (EASA) for its SafeAir parachute safety kits [7][8] Market Position and Collaborations - ParaZero expanded its presence in the U.S. through collaboration with Drone Nerds, one of North America's largest drone distributors [7] - The company secured a $187,000 purchase order from a U.S.-based Advanced Air Mobility company, indicating strong demand for its products [7] - ParaZero's safety technology was utilized by a leading drone solutions provider that secured a Federal Aviation Administration (FAA) waiver for Beyond Visual Line of Sight (BVLOS) operations [7]