Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
IsraelIPO:
27 July 2023Website:
http://parazero.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 00:48:47 GMTDividend
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PRZO Latest News
ParaZero's SafeAir M-300/ M-350 Pro parachute systems comply with key safety requirements, enabling drone operators to enhance their operational scope
Tel Aviv, Israel, Nov. 07, 2024 (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 aircraft, recently announced that it has received a $187,000 purchase order from a U.S.-based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This order, which was initially announced in September 2024, followed the successful completion of the advanced drone safety system customization project that the Company previously announced and marks another milestone for ParaZero in the growing air mobility sector.
Tel Aviv, Israel, Sept. 24, 2024 (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 aircraft, announced today that it has received a $187,000 purchase order from a U.S.-based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This order follows the successful completion of the advanced drone safety system customization project that the Company previously announced and marks another milestone for ParaZero in the growing air mobility sector.
TEL AVIV, Israel, Sept. 13, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company specializing in drone safety systems for defense and commercial drones and for urban air mobility aircraft, today announced it has received its first order for its innovative Counter Unmanned Aerial Systems solution from a global leading Tier-1 defense customer. This marks a significant milestone in ParaZero's expansion into the defense market, and specifically in the counter-unmanned aerial systems market, leveraging the company's cutting-edge technology to address emerging security challenges in various industries.
ParaZero met all milestones as required by the Advanced Air Mobility company, achieving complete customer satisfaction Tel Aviv, Israel, Aug. 27, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today the successful completion of an advanced safety system project for a pioneering U.S. based Advanced Air Mobility (AAM) company in the aerial vehicle industry.
TEL AVIV, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo” or the “Company”), a technology-based company engaged in advanced innovative technologies, announced today that ParaZero Technologies Ltd. (Nasdaq: PRZO) ( “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft (18.68% owned by Xylo), initiated a partnership with a leading Tier 1 defense OEM company to adapt and integrate its advanced drone safety system for operational military and medical mission use. ParaZero received an initial order as part of a wider collaboration that aims to enhance the efficiency and safety of medical field mission's deliveries, particularly in critical and remote areas.
Tel Aviv, Israel, Aug. 12, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today a partnership with a Tier 1 leading defense OEM company to adapt and integrate its cutting-edge drone safety system for operational military and medical missions use. The Company received the first order as part of a wider collaboration that aims to enhance the efficiency and safety of medical field mission's deliveries, particularly in critical and remote areas.
Tel Aviv, Israel, Aug. 09, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, announced today that on August 8, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is eligible for an additional 180 calendar day period, or until February 3, 2025, to regain compliance with the Nasdaq's minimum $1 bid price per share requirement.
The new FAA regulations state that drones weighing under 3.5 pounds with a system that has passed the ASTM F3322-18 and above test are approved to fly over populated areas
ParaZero to develop , equip and supply its safety systems to a UAE -based air mobility company
What type of business is ParaZero Technologies?
ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, distributes, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency. Its autonomous parachute system portfolio includes SafeAir Phantom, SafeAir Mavic, SafeAir Mavic 3, SafeAir M-200 Pro, SafeAir M-300 Pro, SafeAir M350 Pro, SafeAir M-600 Pro, SafeAir M30 Pro, SafeAir V1EX, SafeAir Parallel, SafeAir 350, and Custom Integrations. The company serves system manufacturers, resellers, and online stores. The company was incorporated in 2013 and is headquartered in Kiryat Ono, Israel.
What sector is ParaZero Technologies in?
ParaZero Technologies is in the Industrials sector
What industry is ParaZero Technologies in?
ParaZero Technologies is in the Aerospace & Defense industry
What country is ParaZero Technologies from?
ParaZero Technologies is headquartered in Israel
When did ParaZero Technologies go public?
ParaZero Technologies initial public offering (IPO) was on 27 July 2023
What is ParaZero Technologies website?
https://parazero.com
Is ParaZero Technologies in the S&P 500?
No, ParaZero Technologies is not included in the S&P 500 index
Is ParaZero Technologies in the NASDAQ 100?
No, ParaZero Technologies is not included in the NASDAQ 100 index
Is ParaZero Technologies in the Dow Jones?
No, ParaZero Technologies is not included in the Dow Jones index
When was ParaZero Technologies the previous earnings report?
No data
When does ParaZero Technologies earnings report?
Next earnings report date is not announced yet