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Stock impact report

ParaZero Successfully Customized Advanced Safety System for Manned Aircraft by Leading U.S. Advanced Air Mobility Company [Yahoo! Finance]

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: Yahoo! Finance
Tel Aviv, Israel, Aug. 27, 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 aircraft, announced today the successful completion of an advanced safety system project for a pioneering U.S. based Advanced Air Mobility (AAM) company in the aerial vehicle industry. This project focused on integrating an innovative safety solution into the customer's manned aircraft, which is designed for personal, private, military, and logistical applications. The paid project was set with several milestones by the customer, all of which ParaZero successfully achieved. ParaZero developed a complex system tailored to the customer's requirements and conducted multiple tests and flights, all of which were successfully completed The manned aircraft represents a significant leap in next-generation air mobility, offering a versatile platform that com Show less Read more
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