Workflow
DropAir
icon
Search documents
ParaZero Strengthens European Anti-Drone Capabilities with a Significant Purchase Order for DefendAir Systems from Leading Dutch Defense Distributor
Globenewswire· 2025-11-17 21:03
Kfar Saba, Israel, Nov. 17, 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 a significant purchase order for its DefendAir anti-drone defense systems from a Dutch distributor, one of Europe’s largest integrators. The order is for the Company’s Counter-UAS DefendAir solutions and includes multiple DefendAir prod ...
ParaZero to Showcase its Cutting-Edge Anti-Drone Technology at Milipol Paris 2025, the Leading Homeland Security and Safety Event
Globenewswire· 2025-11-03 11:28
Core Insights - ParaZero Technologies Ltd. will showcase its cost-effective counter-drone solutions at Milipol Paris 2025, a major event for homeland security and safety innovations [1][2] - The event is expected to attract over 30,000 visitors and 1,100 exhibitors, focusing on "Homeland Security and Artificial Intelligence" [2] - ParaZero's DefendAir family of products has achieved 100% interception success in field trials, highlighting their effectiveness against unauthorized drones [3][4] Company Overview - ParaZero Technologies is an aerospace defense company specializing in smart, autonomous solutions for the UAS industry, founded in 2014 [5] - The company's product portfolio includes SafeAir, DefendAir, and DropAir, aimed at enhancing aerial safety, security, and operational scalability [5] - ParaZero's systems are already deployed in high-stakes operations globally, indicating their reliability and effectiveness [4]
ParaZero Wins Another Substantial Order for Anti-Drone Systems from Major Global Defense Corporation
Globenewswire· 2025-10-24 12:07
Core Insights - ParaZero Technologies Ltd. has secured a significant order for its Counter-UAS DefendAir solutions from a Tier 1 global defense corporation, highlighting its growing role in the anti-drone defense market [1][4]. Product Overview - DefendAir is a multi-layered soft-hard kill Counter-UAS system that employs a patented net launcher to neutralize hostile drones, ensuring safe urban environments and minimizing collateral damage [2]. - The order includes both the DefendAir solution and a training package to enhance the effectiveness of ParaZero's anti-drone capabilities, demonstrating a 100% interception success rate in previous field trials [3]. Company Background - ParaZero Technologies Ltd. is an aerospace defense company founded in 2014, specializing in smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry. The company is recognized for its advanced drone technologies, supporting various commercial, industrial, and governmental operations worldwide [5]. - The product portfolio includes SafeAir, an autonomous parachute recovery system; DefendAir, a counter-UAS net-launching platform; and DropAir, a precision aerial delivery system [5]. - The company's mission is to redefine aerial operations with intelligent systems that enhance safety, scalability, and security [5].
ParaZero Secures Significant Purchase Order for Airobotics' Autonomous Defense Drones, Strengthening Position in Booming Drone Defense Market
Globenewswire· 2025-10-22 11:50
Core Insights - ParaZero Technologies Ltd. has signed a significant purchase order with Airobotics Ltd. for the delivery of advanced safety systems, highlighting the ongoing collaboration between the two companies [1][2] - The order includes ParaZero's innovative systems aimed at ensuring operational efficiency while maintaining high safety and security standards [2][3] - The CEO of ParaZero emphasized the growing acceptance of their advanced safety systems in the defense and homeland security sectors, indicating a recognition of their solutions as critical for safe autonomous operations [3] 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 [3] - 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 [3] - ParaZero's mission is to redefine aerial operations with intelligent systems that enhance safety, scalability, and security [3]
Successful Showcase of ParaZero’s DefendAir System with Israel’s Defense and National Authorities and Trexmatic’s Autonomous Robot
Globenewswire· 2025-09-15 11:42
Core Insights - ParaZero Technologies Ltd. has successfully completed a field trial of its DefendAir Stationary Turret system in collaboration with various Israeli defense entities, demonstrating its capability to protect critical infrastructure against hostile drones [1][3][5] Group 1: Product and Technology - The DefendAir Stationary Turret system is designed to provide comprehensive 360-degree perimeter protection, utilizing advanced optical detection and tracking to autonomously detect, track, and neutralize hostile drones [5] - The system achieved a 100% interception success rate during the demonstration, highlighting its effectiveness in real-life conditions [3][5] - The turret configuration complements ParaZero's existing portable net gun, expanding its multi-layered defense portfolio for defense and homeland security applications [4][5] Group 2: Strategic Partnerships - The trial involved collaboration with Trexmatic's multi-purpose robotics platform, enhancing the operational flexibility of the DefendAir system [3][4] - The partnership aims to create a mobile and adaptable solution for defending critical infrastructure from aerial threats [3] Group 3: Company Overview - ParaZero Technologies, founded in 2014, specializes in smart, autonomous solutions for the global manned and unmanned aerial systems industry, with a product portfolio that includes SafeAir and DropAir [7] - The company is recognized for its advanced drone technologies, supporting various commercial, industrial, and governmental operations worldwide [7]
ParaZero Delivers Perfect Results with Innovative Counter-Drone Net Solution in Israeli Trial Demonstration, Protecting Key Sites from Drone Threats
Globenewswire· 2025-09-11 12:08
Core Insights - ParaZero Technologies Ltd. has successfully completed a field trial of its DefendAir Stationary Turret system, demonstrating its effectiveness in securing critical infrastructure with 360-degree perimeter protection [1][2]. Group 1: Product and Technology - The DefendAir Stationary Turret system achieved 100% interception success during the trial, showcasing its capability to neutralize hostile drones [2]. - This turret configuration complements ParaZero's existing portable net gun, enhancing the company's multi-layered defense portfolio with both mobile and stationary solutions [3]. - The system features advanced optical detection and tracking, allowing for autonomous detection, tracking, and neutralization of threats [4]. Group 2: Company Overview - ParaZero Technologies, founded in 2014, specializes in smart, autonomous solutions for the global manned and unmanned aerial systems industry [5]. - The company's product portfolio includes SafeAir, DefendAir, and DropAir, focusing on aerial safety, counter-UAS solutions, and precision aerial delivery [5]. - ParaZero aims to redefine aerial operations with intelligent systems that enhance safety, scalability, and security [5].
ParaZero Achieves Flawless Success with First Ever Counter-Drone Net Solution in Israel to Shield Critical Sites Against Aerial Assaults in Trial Demonstration
Globenewswire· 2025-09-04 14:15
Core Insights - ParaZero Technologies Ltd. has successfully completed a field trial of its DefendAir Stationary Turret system with Israel's homeland security authority, demonstrating its effectiveness in protecting critical infrastructure and sensitive facilities [1][2]. Group 1: Product and Technology - The DefendAir Stationary Turret system achieved 100% interception success during the trial, showcasing its capability to neutralize hostile drones using advanced optical detection and tracking [2][4]. - This system is designed to provide a last-layer defense solution, particularly in environments where traditional RF jamming or kinetic responses are unsuitable, such as near airports and energy plants [3][4]. - The turret configuration enhances ParaZero's existing defense portfolio, which includes portable, hand-held net gun solutions, thereby offering both mobile and stationary options for defense and homeland security applications [3][4]. Group 2: 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, an autonomous parachute recovery system, DefendAir, a counter-UAS net-launching platform, and DropAir, a precision aerial delivery system [5]. - ParaZero aims to redefine aerial operations with intelligent, mission-ready systems that enhance safety, scalability, and security [5].
ParaZero Announces First Half of 2025 Financial Results
Globenewswire· 2025-08-28 20:15
Core Insights - ParaZero Technologies Ltd. reported a sales increase of approximately 27% compared to the same period in 2024, totaling $357,979 for the six months ended June 30, 2025 [1][5][6] - The company is focusing on the rapidly growing counter-drone and defense markets, with a projected market growth from USD 3.10 billion in 2025 to USD 12.24 billion by 2032, reflecting a CAGR of 21.62% [4] Financial and Corporate Updates - Sales increased by 26.6% to $357,979 for the six months ended June 30, 2025, driven by new product sales in the defense sector and original equipment manufacturer integrations [5][6] - The company raised approximately $3.1 million and $2.2 million in gross proceeds from registered direct offerings in February 2025 and August 2025, respectively [6] - Comprehensive and net loss amounted to $2,295,955 for the six months ended June 30, 2025, compared to a net loss of $2,026,094 for the same period in 2024 [9][19] Product and Market Developments - ParaZero secured approvals from DECA under the Israeli Ministry of Defense for the global marketing of its DefendAir counter-UAS system, achieving a 100% interception rate in live field demonstrations [4][6] - The company enhanced its portfolio with successful tests of the DropAir precise airdrop system, which enables rapid autonomous supply delivery in challenging terrains [6] - ParaZero progressed to Phase II with the Israeli Ministry of Defense, focusing on delivering pilot systems for implementation and additional operational testing [6] Cost and Expense Analysis - Cost of sales amounted to $431,888 for the six months ended June 30, 2025, compared to $209,529 for the same period in 2024, primarily due to increased sales volume and product mix [9][18] - Research and development expenses increased to $1,155,436 for the six months ended June 30, 2025, compared to $662,440 for the same period in 2024, driven by higher labor costs [9][18] - General and administrative expenses totaled $1,670,513 for the six months ended June 30, 2025, compared to $1,122,759 for the same period in 2024, mainly due to non-cash expenses related to grants [9][18]
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]