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Stock impact report

ParaZero Develops Counter Drone Solutions Leveraging Its Unique Technology

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: GlobeNewswire
The counter unmanned aircraft system (C-UAS) market is estimated to reach over $15 billion by 2032 Tel Aviv, Israel, April 16, 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, recently announced its intention to enter the counter unmanned aircraft system (C-UAS or anti-drone) market, by developing dedicated solutions based on its advanced technology, as announced on February 27, 2024. Small, lethal drones are being utilized around the world with tremendous effectiveness and are reshaping the balance between humans and technology in war, raising demand for C-UAS countermeasures. Counter-drone technology encompasses a wide range of solutions that allow users to detect, classify, and mitigate drones and unmanned aerial vehicles. This includes everything from camera systems and specialist drone detection radars t Show less Read more
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