Latest news with #BoazShetzer
Yahoo
12 hours ago
- Business
- Yahoo
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: 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 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@ ParaZero Technologies Ltd. | 1st HaTachana St. Kfar Saba, Israel 4453001 P: +972-502753666 | E: contact@
Yahoo
15-05-2025
- Business
- Yahoo
ParaZero to Present Next-Generation Drone Safety Innovations & New CUAS Net Launcher at XPONENTIAL 2025
Kfar Saba, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company' or 'ParaZero'), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, is set to showcase its latest advancements at XPONENTIAL 2025. The premier global event for uncrewed systems and robotics will take place from May 19–22, 2025, at the George R. Brown Convention Center in Houston. Xponential 2025 is renowned for bringing together industry leaders, innovators, and enthusiasts to explore the latest advancements in unmanned systems technology. ParaZero will present its cutting-edge SafeAir™ M4 parachute recovery system, designed for seamless integration with DJI's Matrice 4 series. The SafeAir™ M4 features a completely new and improved design triple sensor redundancy to bring commercial aviation-grade safety to the drone industry. ParaZero is also set to present its defense applications for the first time in an international tradeshow, with the "DefendAir", ParaZero's innovative Counter-UAS Net launcher, and the "DropAir", a precise parachute delivery system. Both DefendAir and DropAir utilize ParaZero's proven and patented technology with over 10 years of experience. 'XPONENTIAL 2025 provides an excellent platform to demonstrate our commitment to advancing drone safety and drone defense technologies,' said Boaz Shetzer, CEO of ParaZero. 'Our systems and defense applications exemplify our dedication to keeping both airspace and people on the ground safe.' Attendees of XPONENTIAL 2025 are invited to visit ParaZero at booth #2739 to engage with the company's team of experts and to explore the company's latest innovations. About ParaZero ParaZero (Nasdaq: PRZO) is a leading developer of autonomous parachute safety systems technologies for commercial and military platforms as well as for urban air mobility (UAM) aircraft. Started in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero develops and manufactures 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 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 its commitment to advancing drone safety and drone defense technologies. 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 and subsequent filings with the SEC. 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@ ParaZero Technologies Ltd. | 1st HaTachana St. Kfar Saba, Israel 4453001 P: +972-36885252 | E: contact@ | F: +972-3-688-5246Error 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
Business Upturn
13-05-2025
- Business
- Business Upturn
ParaZero Secures New European Order for SafeAir M4 Systems, Expanding Presence in Innovative Drone Market
TEL AVIV, Israel, May 13, 2025 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the 'company' or 'ParaZero'), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense counter-UAS systems, today announced a follow-on purchase order for its innovative SafeAir™ M4 parachute recovery system from a prominent drone technology partner in Europe. This order reflects ParaZero's growing traction in Europe's dynamic drone market, a hub for advanced unmanned aerial systems (UAS) in logistics, infrastructure inspection, and public safety. The SafeAir™ M4, ParaZero's next-generation autonomous parachute recovery system, is designed for seamless integration with DJI's Matrice 4 series. It features real-time telemetry and is designed and expected to comply with the highest European regulatory standards to enable safe flight in urban areas throughout the EU. The European partner, a key player in the region's commercial drone ecosystem, serves enterprise clients in precision agriculture, infrastructure inspection, and emergency response. This order reflects increasing demand for ParaZero's certified safety solutions in high-regulation markets, following the Company's recent CE Class C5 certification and other regulatory approvals for its SafeAir™ systems. 'This order from our European partner highlights the SafeAir™ M4's role in enabling safe, scalable drone operations in one of Europe's most innovative UAS markets,' said Boaz Shetzer, CEO of ParaZero. 'We are proud of our collaborate with a leading partner, who has already placed orders in the past, and this follow-up order is a testament to the strong value we bring to European operators, supporting their ambitions in unmaned aerial systems and beyond.' About ParaZero Technologies ParaZero (Nasdaq: PRZO) is a leading developer of autonomous parachute safety systems technologies for commercial and military platforms as well as for urban air mobility (UAM) aircraft. Started in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero develops and manufactures 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 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 how the SafeAir™ M4 is expected to comply with the highest European regulatory standards to enable safe flight in urban areas throughout the EU, the increasing demand for ParaZero's certified safety solutions in high-regulation markets and the the strong value that ParaZero bring to European operators. 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, 2024. 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 Relations [email protected]
Associated Press
18-02-2025
- Business
- Associated Press
ParaZero Moving Forward to Phase II with Israeli Ministry of Defense with the Precision Airdrop System Project
The second phase follows the successful showcasing of the AirDrop System's ability to safely deliver sensitive and critical supplies under challenging conditions Tel Aviv, Israel, Feb. 18, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the 'Company or 'ParaZero'), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, announced today that following the successful completion of Phase I of the DropAir, ParaZero's Precision Airdrop System with the Israeli Ministry of Defense, the Company is officially transitioning to Phase II of the project. Phase II will focus on delivering pilot systems for implementation and additional operational testing in various scenarios. The DropAir system's innovative parachute mechanism is deployed at low altitude above the ground, ensuring minimal drift and a highly accurate landing. The test results in Phase I demonstrated the resilience of blood units during the airdrop process, meeting stringent requirements for sensitive payloads. Based on the success of Phase I, the Company plans to advance the DropAir system into the next stage of development, aimed at addressing complex operational scenarios. 'The transition to Phase II marks a significant advancement in our efforts to provide custom solutions based on our innovative technology. As we continue to collaborate with leading defense customers, we believe this phase will further support our global expansion in the defense market,' said Boaz Shetzer, CEO of ParaZero. The Precision Airdrop System is designed to revolutionize drone-based logistical support by enabling precise and secure delivery of supplies in challenging environments. Leveraging ParaZero's renowned parachute technology, the system offers a cutting-edge solution to support military forces and emergency responders operating in high-risk zones. DropAirsystem was originally developed in collaboration with leading defense industry partners under military research initiatives. Its adaptability to various drone platforms, including widely available commercial models, makes it a versatile solution for military and humanitarian applications. About ParaZero Technologies ParaZero (Nasdaq: PRZO) is a leading developer of autonomous parachute safety systems technologies for commercial and military platforms as well as for urban air mobility (UAM) aircraft. Started in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero develops and manufactures 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 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 its global expansion in the defense market and how the Precision Airdrop System is designed to revolutionize drone-based logistical support by enabling precise and secure delivery of supplies in challenging 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 From 20-F for the year ended December 31, 2023. 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 Efraty
