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0.139495798319328 0.161344537815126 -0.00672268907563026 0.0168067226890756 0.00806722689075635 0.0403361344537816 0.0956302521008403 0.0926050420168068
Stock impact report

ParaZero Secures New Order for Advanced Counter-Drone System from Global Defense and Intelligence Organization

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: GlobeNewswire
TEL AVIV, Israel, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company specializing in drone safety systems for defense and commercial drones and for urban air mobility aircraft, today announced that it has received a new purchase order for its advanced Counter-Unmanned Aerial Systems (C-UAS) solution from a global leading Tier 1 defense and intelligence OEM company. This is another significant achievement for ParaZero in its continued expansion into the defense market and the rapidly growing counter-drone market specifically. This order follows the company's recent success in securing an initial contract for its innovative C-UAS technology and highlights the increasing global demand for reliable, scalable, and robust solutions to mitigate threats posed by drones of various sizes. Meeting the Evolving Threat LandscapeWith drones becoming a major security concern for military and non-military organizations, Show less Read more
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