ParaZero Secured $187,000 Purchase Order for Cutting-Edge Drone Safety Systems, Moving Closer to Mass-Production
ParaZero Technologies Ltd. (PRZO)
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, Nov. 07, 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 aircraft, recently announced that it has received a $187,000 purchase order from a U.S.-based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This order, which was initially announced in September 2024, followed the successful completion of the advanced drone safety system customization project that the Company previously announced and marks another milestone for ParaZero in the growing air mobility sector. The purchase order included preparations for serial production, as well as the delivery of an initial batch of systems, signifying the initiation of potential future large-scale manufacturing and deployment of ParaZero’s cutting-edge drone safety solutions. This order also represents the final step in fulfilling the comprehensive
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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 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
- ParaZero gains on securing new order from a Tier 1 defense and intelligence OEM company Oct. 01, 2024 8:16 AM ET By: Arundhati Sarkar , SA News Editor [Seeking Alpha]Seeking Alpha
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