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Stock impact report

ParaZero Announces 2023 Financial Results

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: GlobeNewswire
TEL AVIV, Israel, March 22, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on drone technologies for commercial drones, defense drones, and urban air mobility aircraft, reported today its financial results for year ended December 31, 2023. Key Highlights of ParaZero’s Achievements in 2023 & Recent Highlights: ParaZero announced a new development agreement with Colombia-based drone OEM, Black Square, an industrial drone producer leader in the region that focuses on enterprise drone platforms. ParaZero announced the formation of a working partnership with KULR Technology Group, Inc., a global leader in sustainable energy management, to leverage its business network within the defense industry for applying KULR's vibration reduction technology on helicopter and rotorcraft fleets. ParaZero facilitated one of its customers in obtaining the first-ever light uncrewed aircraft system operator certificate (LU Show less Read more
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