Medigus: ParaZero Signed A Non - Binding MOU To Provide Autonomous Safety Systems For Bon V Heavy Lift Cargo Drones [TheStreet.com]
Medigus Ltd. - American Depositary Shares (MDGS)
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Source: TheStreet.com
Tel Aviv, Israel, July 05, 2022 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that ParaZero Technologies Ltd. ("ParaZero"), a leading provider of autonomous drone safety systems for commercial drones and urban air mobility (UAM) aircraft, of which Medigus has a 40 percent ownership stake, has signed a non-binding memorandum of understanding (MoU) with, a leading Indian aerospace manufacturer, to integrate ParaZero SafeAir parachute recovery systems with Bon V's products. Bon V provides AI-powered, unmanned aerial vehicles (UAVs), including multi-utility, heavy lift cargo vehicles. ParaZero will supply its autonomous safety systems for Bon V's range of aerial logistics platforms, ranging from 250kg to 650kg MTOW. "Bon V is revolutionizing aerial mobility and aerial logistics. We're incredibly excited to partner with their engine
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MDGS
Sec Filings
- 4/15/24 - Form 6-K
- 4/15/24 - Form 424B3
- 4/9/24 - Form 6-K
- MDGS's page on the SEC website