ParaZero Received First Order for its Advanced Counter Unmanned Aerial Vehicles Solution from Global Leading Tier-1 Defense Company [Yahoo! Finance]
ParaZero Technologies Ltd. (PRZO)
Company Research
Source: Yahoo! Finance
ParaZero announced earlier this year its intention to enter the counter unmanned aircraft system (C-UAS or anti-drone) market, by developing dedicated solutions based on its advanced technology and patents. The C-UAS solution utilizes ParaZero's unique proprietary technology, offering an advanced platform for mitigating potential threats posed by rogue or hostile drones. By providing a robust, multi-layered system for drone detection and neutralization, ParaZero continues to push the boundaries of safety and security in the rapidly growing drone sector. In recent years, drones have become a major challenge to both military and non-military entities. Recent world events and wars, including the war in Ukraine and throughout the Middle East have shown how small drones can cause significant damage and risk to militaries. The market for C-UAS is expected to reach $5.2B by 2028 according to a MarketandMarkets report. Drones are becoming increasingly sophisticated and capable, as well as
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PRZO
News
- ParaZero Received Regulatory Approval in Europe for its Drone Safety System [Yahoo! Finance]Yahoo! Finance
- ParaZero Received Regulatory Approval in Europe for its Drone Safety SystemGlobeNewswire
- ParaZero Secured $187,000 Purchase Order for Cutting-Edge Drone Safety Systems, Moving Closer to Mass-ProductionGlobeNewswire
- ParaZero Gains Traction the Counter-Drone System Market with Back-to-Back Orders for Advanced C-UAS Solutions [Yahoo! Finance]Yahoo! Finance
- ParaZero Gains Traction the Counter-Drone System Market with Back-to-Back Orders for Advanced C-UAS SolutionsGlobeNewswire
PRZO
Sec Filings
- 11/18/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/15/24 - Form 6-K
- PRZO's page on the SEC website