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0.101047771266205 -0.00372935535428874 -0.000710353400817025 0.0458177943526903 -0.0381814952939089 0.00692594565796467 -0.00639318060735224 -0.00106553010122544
Stock impact report

ParaZero Signs an Agreement with Autonomous Solar Panels Drone Company Valued Over $200,000

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: GlobeNewswire
TEL AVIV, Israel, Sept. 05, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircrafts, today announced that it has signed an agreement with BladeRanger Ltd. (TASE: BLRN) (“BladeRanger”), a developer of a powerful cleaning payload for drones that is designed for inspection and washing of solar panels and tall buildings. The multi-phase agreement is valued at approximately $230,000. As part of the agreement, ParaZero will support regulatory processes with the Israeli Civil Aviation Authority (CAA) to develop and certify a safe drone operating system for BladeRanger's urban drones. This involves researching regulatory requirements, proposing potential solutions and designing a safety system, hardware and software, that is optimized for BladeRanger’s platform, tailored to this market segment and compliant with the Israeli standa Show less Read more
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