ParaZero to Enter the Multi-Billion Dollar Counter Drone Market
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, Feb. 27, 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, announced its intention to enter the counter unmanned aircraft system (C-UAS or anti-drone) market. 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 to net guns and cyber takeover systems. Following an extensive due diligence process, the Company analyzed th
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News
- Draganfly Integrates ParaZero Safety Technology into Commander 3XL Drones for Home Hospital Delivery and Emergency Response [Yahoo! Finance]Yahoo! Finance
- ParaZero Integrates its Safety Technology into Draganfly’s Commander 3XL Drones for Home Hospital Delivery and Emergency ResponseGlobeNewswire
- ParaZero Received Purchase Order from Draganfly for Advanced Safety Technology Integration into Commander 3XL DronesGlobeNewswire
- ParaZero Develops Counter Drone Solutions Leveraging Its Unique TechnologyGlobeNewswire
- ParaZero to Showcase Latest Drone Safety Solutions at Xponential 2024 Conference [Yahoo! Finance]Yahoo! Finance
PRZO
Sec Filings
- 4/25/24 - Form 6-K
- 4/24/24 - Form 6-K
- 3/27/24 - Form S-8
- PRZO's page on the SEC website