ParaZero Strengthens Leadership with the Appointment of Senior UAV and Defense Executive as CEO

Core Insights - ParaZero Technologies Ltd. has appointed Mr. Ariel Alon as the new Chief Executive Officer, effective immediately, to lead the company in the aerospace safety systems sector for unmanned aerial systems [1][7] Company Overview - ParaZero Technologies Ltd. is an aerospace defense company specializing in smart, autonomous solutions for both manned and unmanned aerial systems, founded in 2014 by aviation professionals and drone industry veterans [8] - The company is recognized for its advanced drone technologies, supporting commercial, industrial, and governmental operations globally [8] Product Portfolio - ParaZero's product offerings include: - SafeAir: An autonomous parachute recovery system for aerial safety and regulatory compliance [8] - DefendAir: A counter-UAS net-launching platform designed to protect against hostile drones in various environments [8] - DropAir: A precision aerial delivery system [8] Leadership Background - Mr. Alon has extensive experience in leading high-performing teams across various sectors, including unmanned aircraft systems, finance, high-tech, and defense [2] - Prior to joining ParaZero, Mr. Alon served as the Chief Sales Officer at Aerodrome Group and held significant roles at Voyager Labs and Atos [3][4][5] - His educational background includes a B.A. in business administration and an M.B.A. in finance and marketing from the Ruppin Academic Center in Israel [6] Acknowledgment of Previous Leadership - The company expressed gratitude to outgoing CEO Boaz Shetzer for his leadership and contributions during his tenure [7]