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0.076923076923077 0.083916083916084 0.055944055944056 0.055944055944056 0.06993006993007 0.020979020979021 0.041958041958042 0.0137062937062938
Stock impact report

ParaZero Announces Significant Order for Drone Safety Systems from a Leading Australian Distributor

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: GlobeNewswire
Tel Aviv, Israel, Dec. 11, 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 aircrafts, announced today the receipt of an order for its SafeAir™ systems from a significant distributor specializing in drones and drone technology in Australia. This order highlights ParaZero’s growing footprint in the Australian market, built on recent regulatory achievements and strategic partnerships. ParaZero’s SafeAir™ systems are designed to autonomously detect flight anomalies and deploy a parachute, minimizing risks and ensuring safety in complex drone operations. In October 2023, ParaZero’s technology received approval from the Civil Aviation Safety Authority (CASA), enabling commercial drone flights over populated areas and near people—a landmark regulatory milestone in Australia. Collaborating with prominent local distributors has been centra Show less Read more
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