ParaZero Demonstrates 50 Successful DropAir Deployments as Part of a Decisive Reproducibility Test
Kfar Saba, Israel, June 16, 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, today announced the successful completion of its most rigorous reproducibility test to date – 50 consecutive DropAir deliveries.
A reproducibility test verifies that a system performs consistently and reliably. In aerospace and defense applications, this level of precision is not just an advantage—it's a critical standard. This test verified the scenario of blood transfusion deliveries in operational settings.
The DropAir system is engineered for autonomous, precision delivery in complex environments, including the transport of essential medical supplies, tactical gear, and other sensitive payloads. Its compact and covert design offers unparalleled operational flexibility and mission confidence.
'This successful test demonstrates DropAir's reliability and proves its readiness for real-world missions,' said Boaz Shetzer, CEO of ParaZero. 'Whether for military, humanitarian, or medical use, the system's ability to repeat precise deliveries, time after time, means operators can count on it in critical environments.'
Learn more about DropAir by ParaZero: www.parazero.com/dropair
About ParaZero Technologies
ParaZero (Nasdaq: PRZO) is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems. Started in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero designs smart, autonomous parachute safety systems designed to enable safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS) as well as for various military applications including Counter UAS. For more information about ParaZero, please visit https://parazero.com/.
Forward-Looking Statements
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates' and similar expressions or variations of such words are intended to identify forward-looking statements. For example, ParaZero is using forward-looking statements when it discusses the DropAir system's ability to repeat precise deliveries, time after time, means operators can count on it in critical environments. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission ('SEC'), including, but not limited to, the risks detailed in the Company's Annual Report on Form 20-F filed with the SEC on March 21, 2025. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. ParaZero is not responsible for the content of third-party websites.
Investor Relations Contact:
Michal EfratyInvestor Relationsmichal@efraty.com
ParaZero Technologies Ltd. | 1st HaTachana St.
Kfar Saba, Israel 4453001
P: +972-502753666 | E: contact@parazero.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fox News
20 minutes ago
- Fox News
Israel activates 'Barak Magen' aerial defenses for system's first ever interception
Israel activated a new aerial defense system – dubbed "Barak Magen," meaning "lightning shield" – for the first time on Sunday night, saying it intercepted and destroyed multiple Iranian drones. The Israeli Navy intercepted eight Iranian drones using the "Barak Magen" and its long-range air defense (LRAD) interceptor, which were launched from an Israeli navy Sa'ar 6 missile ship, the Israel Defense Forces (IDF) said in a statement. John Hannah, senior fellow at the National Security of America and the co-author of a report published earlier this month on Israel's defense against two massive Iranian missile attacks in 2024, told Fox News Digital on Monday that the air defense system "significantly enhances" the air and missile defense architecture of Israel's navy. "The Barak Magen is simply another arrow in the expanding quiver of Israel's highly sophisticated and increasingly diverse multi-tiered missile defense architecture – which was already, by leaps and bounds, the most advanced and experienced air defense system fielded by any country in the world," Hannah said. The system can intercept a "wide range of threats," according to the IDF, including unmanned aerial vehicles (UAVs), cruise missiles, high-trajectory threats and shore-to-sea missiles. Hannah said the system not only provides force protection for the Israeli fleet but also gives long-distance protection to Israel's expanding oil and gas infrastructure in the eastern Mediterranean, along with critical infrastructure and population centers located along Israel's coastline. "It allows Israel to conduct interceptions at significant distances from the Israeli homeland, both out in the eastern Mediterranean and the Red Sea, and thereby adds critically important strategic depth when defending Israel's tiny geographic area," he said. The IDF said that the Israeli Navy's missile ship flotilla has intercepted about 25 UAVs that posed a threat to Israel since the conflict with Iran escalated. Israel and Iran traded missile strikes for the fourth day on Monday, with Iran firing a new wave of strikes that killed at least eight people and wounded dozens more. Meanwhile, the Israeli military claimed it had achieved air superiority above Tehran, warning about 330,000 people in a central part of the Iranian capital to evacuate ahead of new strikes.
Yahoo
43 minutes ago
- Yahoo
Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions
Oil prices are likely to remain capped below $80 per barrel despite the escalating Israel-Iran conflict, research firm Rystad Energy said on Monday, as Iran and Israel continue to trade strikes with the escalation now in its fourth day. 'Based on our earlier disruption simulations, we see oil prices capped below $80 per barrel,' Mukesh Sahdev, Rystad Energy's Global Head of Commodities Markets – Oil, said in a market update, carried by Africa Oil+Gas Report. The conflict appears likely to be contained and the United States could potentially play a central role, according to Sahdev. The worst fear in the market is a potential closure of the Strait of Hormuz, the world's most critical crude flow lane where more than 20 million barrels of crude pass every day—equal to a fifth of global daily oil consumption. While disruption to Strait of Hormuz flows could be devastating and would send oil prices spiking and add further tensions, it is an unlikely scenario for many observers and analysts, including those at Rystad Energy. 'A blockade remains the key risk that could push markets into uncharted territory,' Janiv Shah, Rystad Energy's Vice President, Commodities Markets – Oil, said. However, 'Given its interest in keeping prices closer to $50, the US could play a stabilizing role,' Shah added. 'We maintain our view that this is likely to remain a short-lived conflict, as further escalation risks spiraling beyond the control of key stakeholders,' Shan said. Despite Israel and Iran hitting each other's energy sites over the weekend, the targets are not material to global oil production or crude flows. Following the oil price jump on Friday after the start of the Israeli strikes on Iran, oil was muted in early trading on Monday, with both benchmarks falling by around 1% and trading in the low $70s per barrel as key oil flows from the Middle East remain unaffected. By Charles Kennedy for More Top Reads From this article on
Yahoo
43 minutes ago
- Yahoo
Oil prices fall and stocks rise, despite ongoing Israel-Iran conflict
Oil prices fell and stocks climbed on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Iran conflict. The Dow Jones Industrial Average jumped 361 points, or 0.8%, by midday erasing much of the losses suffered on Friday as back-and-forth strikes broke out between the two countries. The S&P 500 climbed 0.9% on Monday, while the tech-heavy Nasdaq increased 1.4% by midday. In each case, the gains erased nearly all of the losses suffered as the conflict began days earlier. MORE: Israel-Iran live updates: Israel claims 'full' aerial control over Tehran Oil prices, meanwhile, ticked slightly lower on Monday, easing a surge in prices set off late last week as investors feared a wider regional war in the oil-rich Middle East. The U.S. West Texas Intermediate futures price -- a key measure of U.S. oil prices -- dropped 1.8% on Monday. Brent crude future prices, another top measure of oil prices, also fell about 1.9%. Each index had climbed as much as 10% in the immediate aftermath of the conflict. Aerial attacks between Israel and Iran continued overnight into Monday, marking a fourth day of strikes following Israel's Friday attack. That surprise operation hit at the heart of Iran's nuclear program, striking key facilities and killing several nuclear scientists as well as high-ranking military leaders, according to Israeli officials. The U.S. did not provide any military assistance or have any involvement in Israel's Friday strikes, a U.S. official told ABC News. President Donald Trump told ABC News on Sunday, "It's possible we could get involved." The U.S. did provide assistance in shooting down incoming missile and drone attacks from Iran in response to Israel's initial barrage, officials said. The drop in oil prices may ease a potential uptick in the price of gasoline for U.S. drivers. Since crude oil makes up the top ingredient in car fuel, the Israel-Iran conflict threatened to modestly increase prices over the coming days and significantly hike them in the event of a wider war, experts previously told ABC News. MORE: Trump says 'it's possible' US gets involved in Israel-Iran conflict 'By later this week, we'll likely see nearly all states with price increases as retail gas prices rise following Iran/Israel attacks,' Patrick de Haan, the head of petroleum analysis at GasBuddy, said on Monday in a post on X. The move higher for U.S. stocks mirrored gains in markets across Asia and Europe. The STOXX Europe 600 index ticked up 0.3% by mid-afternoon local time. In Japan, the Nikkei 225 in Tokyo climbed 1.2% on Monday. ABC News' David Brennan contributed to this report.. Oil prices fall and stocks rise, despite ongoing Israel-Iran conflict originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
