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Stock impact report

ParaZero Gains Traction the Counter-Drone System Market with Back-to-Back Orders for Advanced C-UAS Solutions [Yahoo! Finance]

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: Yahoo! Finance
ParaZero's breakthrough began with securing a major order from a Tier-1 defense customer for its advanced C-UAS solution, designed to detect, neutralize and eliminate aerial threats. Shortly after, the company received an additional order. “These orders represent a pivotal moment for ParaZero as we expand our portfolio to meet the rising global demand for counter-drone technology,” said Boaz Shetzer, CEO of ParaZero Technologies. “The advanced capabilities of our C-UAS systems allow our clients to effectively mitigate the threats posed by rogue drones, ensuring the safety of both military and civilian environments.” Tapping into a Rapidly Growing Market The global counter-drone market is projected to reach $7.05 billion by 2029 according to a MarketandMarkets report, and ParaZero is positioning itself as a key player in this fast-growing space. By leveraging its expertise and protected IP in drone safety and autonomous systems, ParaZero's C-UAS solutions offer a unique and effi Show less Read more
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