Manned and Unmanned Aerial Systems
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ParaZero Secures Second Substantial Order from Major Global Defense Corporation
Globenewswire· 2026-01-30 13:44
Kfar Saba, Israel, Jan. 30, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced it has received a second substantial order from a major global defense corporation for its advanced interception net-pods. This follow-on order builds on the company's earlier success with the same strategic partner and underscores the ...
ParaZero Expands European Footprint with New Reseller Agreement and Initial Order for DefendAir from A Second Key NATO Country
Globenewswire· 2026-01-27 13:32
Core Insights - ParaZero Technologies Ltd. has signed a new reseller agreement with a prominent Western European partner, including an initial purchase order for DefendAir training kits, marking a strategic expansion in NATO-aligned defense markets [1][2][3] Group 1: Company Developments - The new reseller partnership builds on ParaZero's recent successes, including a strategic distribution agreement and live demonstrations of the DefendAir platform for NATO officers [2] - DefendAir is a rapidly deployable, net-based counter-UAS system designed to neutralize hostile drones in various environments, including battlefield and urban settings [2][3] - The training kits will facilitate comprehensive operator training and tactical deployment simulations, enhancing operational capability and adoption [3] Group 2: Market Position and Strategy - The momentum in Europe indicates a growing demand for reliable counter-drone technologies amid evolving security challenges [3] - ParaZero aims to strengthen partnerships that enhance airspace security for allied forces and critical assets, contributing to collective defense efforts against aerial threats [4] - The company positions itself as a trusted provider of advanced C-UAS solutions to NATO members and partners [4]
ParaZero Successfully Completes DefendAir Live Demonstration for Senior NATO Officers
Globenewswire· 2026-01-05 12:32
Core Insights - ParaZero Technologies Ltd. has successfully completed its first live demonstration of the DefendAir counter-unmanned aerial system (C-UAS) platform in Europe, marking a significant milestone in its strategic expansion into NATO-aligned markets [1][4] - The demonstration showcased DefendAir's capabilities in neutralizing simulated hostile drones, impressing approximately 40 senior military officers from multiple NATO member states [2][3] Company Overview - ParaZero Technologies Ltd. is an aerospace defense company specializing in smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, founded in 2014 by aviation professionals and drone industry veterans [5] - The company's product portfolio includes SafeAir, an autonomous parachute recovery system; DefendAir, a counter-UAS net-launching platform; and DropAir, a precision aerial delivery system [5] Strategic Developments - The successful demonstration has led to positive feedback from senior officers, validating the readiness and effectiveness of DefendAir as a mission-critical solution [4] - ParaZero is actively engaged in follow-up discussions and tender processes with its new distribution partner, which has rights to distribute DefendAir systems throughout multiple Western European NATO countries [4]
ParaZero Secures First Order from Israeli Defense Entity for DefendAir Counter-UAS Systems
Globenewswire· 2026-01-02 13:42
Kfar Saba, Israel, Jan. 02, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, announced today it has received its first purchase order from a main Israeli defense entity for the Company’s advanced DefendAir Counter-Unmanned Aerial Systems (CUAS). This landmark order marks ParaZero’s first direct contract with this leading defens ...
ParaZero DefendAir Impresses German Bundesländer Police Leadership in Live Demonstration Organized by The Israeli Ministry of Defense
Globenewswire· 2025-12-12 21:05
Kfar Saba, Israel, Dec. 12, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced the successful demonstration of its advanced DefendAir counter-UAS (C-UAS) system at a high-profile event organized by the International Defense Cooperation Directorate (SIBAT) at the Israel Ministry of Defense’s (IMOD) demonstration fa ...
ParaZero Signs Strategic Distribution Agreement, Significantly Expanding Reach into Western European NATO Defense Markets
Globenewswire· 2025-12-05 12:55
Core Insights - ParaZero Technologies Ltd. has signed a distribution agreement with a leading Western European Distributor, enhancing its presence in NATO-aligned markets [1][2][3] - The Distributor will have exclusive rights to distribute ParaZero's DefendAir counter-unmanned aerial systems (C-UAS) across multiple Western European countries [2][3] - This partnership is expected to facilitate faster deployment of ParaZero's C-UAS technologies, aimed at protecting critical infrastructure and military operations from unauthorized drone incursions [3][4] Company Overview - ParaZero Technologies Ltd. is an aerospace defense company focused on smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry [5] - The company was founded in 2014 and is recognized for its advanced drone technologies, supporting various commercial, industrial, and governmental operations worldwide [5] - ParaZero's product portfolio includes SafeAir, DefendAir, and DropAir, which are designed for aerial safety, counter-drone protection, and precision aerial delivery, respectively [5]
ParaZero Concluded Another Field Test Demonstrating 100% Success Rate in Countering Hostile Drone Threats on Critical and Sensitive Infrastructure
Globenewswire· 2025-08-25 13:29
Core Viewpoint - ParaZero Technologies Ltd. has successfully completed a field trial of its Defend Air Hand-Held Net Gun System, demonstrating its effectiveness in countering drone threats to critical infrastructure [1][2][4]. Company Overview - ParaZero Technologies Ltd. is an aerospace defense company focused on smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, founded in 2014 by aviation professionals and drone industry veterans [5]. - The company's product portfolio includes SafeAir, DefendAir, and DropAir, aimed at enhancing safety, scalability, and security in aerial operations [5]. Product Performance - The DefendAir system achieved a 100% interception success rate during the field trial, effectively neutralizing all simulated drone threats in real-time scenarios [2][3]. - The system is designed as a last-line defense solution, particularly effective against passive, non-transmitting drones that traditional methods cannot intercept [2]. Market Insights - The global anti-drone (counter-UAS) market was valued at $2.4 billion in 2024 and is projected to grow to $12.24 billion by 2032, with a compound annual growth rate (CAGR) of 21.62% from 2025 to 2032 [4].
ParaZero Receives Order from a Defense Entity for its Counter Drone Technology
Globenewswire· 2025-08-18 11:32
Core Insights - ParaZero Technologies Ltd. has received a purchase order for its advanced Counter-Unmanned Aerial Systems (C-UAS) solution from a defense entity, marking a significant step in its expansion into the defense market and the counter-drone sector [1][2][3] - The global anti-drone market was valued at $2.4 billion in 2024 and is projected to grow to $12.24 billion by 2032, with a compound annual growth rate (CAGR) of 21.62% from 2025 to 2032 [1][2] Company Overview - ParaZero Technologies is an aerospace defense company specializing in smart, autonomous solutions for both manned and unmanned aerial systems (UAS) [1][3] - The company was founded in 2014 by aviation professionals and drone industry veterans and is recognized for its advanced drone technologies supporting various operations globally [3] - ParaZero's product portfolio includes SafeAir, DefendAir, and DropAir, focusing on aerial safety, counter-UAS capabilities, and precision aerial delivery [3] Market Context - The increasing prevalence of drones poses significant security challenges for military and non-military organizations, necessitating effective drone neutralization systems [2] - ParaZero's C-UAS solution is designed to protect critical infrastructure and public spaces while minimizing disruption during neutralization operations [2][3]
ParaZero Announces Preliminary Unaudited Results for the First Six Months of 2025
Globenewswire· 2025-08-04 11:12
Core Insights - ParaZero Technologies Ltd. reported preliminary unaudited revenue of approximately $350,000 for the six months ended June 30, 2025, an increase from $283,000 for the same period in 2024, reflecting a growth of about 23.7% [2] - As of June 30, 2025, the company had cash and cash equivalents of approximately $4.8 million, a decrease from approximately $5.3 million on June 30, 2024 [2] Company Overview - ParaZero Technologies is an aerospace defense company specializing in smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry [4] - Founded in 2014, the company is recognized for its advanced drone technologies, supporting various commercial, industrial, and governmental operations worldwide [4] - The product portfolio includes SafeAir (an autonomous parachute recovery system), DefendAir (a counter-UAS net-launching platform), and DropAir (a precision aerial delivery system) [4] - The company's mission is to enhance safety, scalability, and security in aerial operations through intelligent, mission-ready systems [4]