ParaZero Technologies Ltd.

PRZO

IL0011857013

Aerospace & Defense

Market Closed - Nasdaq Other stock markets 02:00:00 25/05/2024 am IST			5-day change	1st Jan Change
0.6876 ^USD	+0.76%		-5.03%	-3.26%

25/04	Draganfly Integrates Parazero Safety Technology into Commander 3Xl Drones for Home Hospital Delivery and Emergency Response	CI
16/04	ParaZero Technologies Ltd. Develops Counter Drone Solutions Leveraging Its Unique Technology	CI

ParaZero Technologies Ltd. and Maris-Tech Ltd. Expand their Collaboration into the Defense Market for Drones

October 12, 2023 at 05:25 pm IST

ParaZero Technologies Ltd. and Maris-Tech Ltd. announced an expansion of their collaboration. ParaZero and Maris-Tech entered into a letter of intent pursuant to which the companies will collaborate to develop a unified product, integrating safety technology and predictive maintenance. In addition, the companies will explore the possibility of enhancing the capabilities of ParaZero's failure prediction and emergency safety system, utilizing the AI acceleration capabilities in Maris-Tech?s original equipment manufacturer (OEM) products.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	MARIS-TECH LTD.	1.39 USD	-3.47%	+0.36%	1.1Cr
	PARAZERO TECHNOLOGIES LTD.	0.6876 USD	+0.76%	-5.03%	74.31L

Latest news about ParaZero Technologies Ltd.

Draganfly Integrates Parazero Safety Technology into Commander 3Xl Drones for Home Hospital Delivery and Emergency Response	25/04	CI
ParaZero Technologies Ltd. Develops Counter Drone Solutions Leveraging Its Unique Technology	16/04	CI
ParaZero Technologies Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	22/03	CI
ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation	20/02	CI
ParaZero Technologies Gets Nasdaq Minimum Bid Price Warning	10/02	MT
Wall Street Set to Open Marginally Lower Friday; December Inflation Data Lower Than Forecast	26/01	MT
Certain Ordinary Shares of ParaZero Technologies Ltd. are subject to a Lock-Up Agreement Ending on 23-JAN-2024.	23/01	CI
US Stock Indexes Set for Rebound Despite Downward Q3 GDP Revision	21/12	MT
Wary Investors Brace for Jobless Claims, GDP, Manufacturing Reports	21/12	MT
Top Premarket Gainers	21/12	MT
Wall Street Futures Gain Amid Mixed Global Markets Ahead of Jobless, GDP Reports	21/12	MT
ParaZero Technologies Ltd. Successfully Completed its Drone Safety Project with A Fortune 500 Leading Automotive Manufacturer	21/12	CI
Exchange-Traded Funds, US Equities Fall Pre-Bell Wednesday as Investors Await US Consumer Confidence, Home Sales Reports	20/12	MT
Top Premarket Gainers	20/12	MT
KULR Technology Group and ParaZero Enter a Working Strategic Partnership for KULR VIBE to Serve Military and Drone Markets	05/12	CI
ParaZero Technologies Ltd. Secures Landmark Authorization from the Civil Aviation Safety Authority	27/11	CI
ParaZero Releases New AI Avionics System	17/11	MT
Parazero Technologies Ltd. Elevates Defense Drone Safety with Groundbreaking AI Avionics System	17/11	CI
ParaZero Technologies Ltd. announced that it has received $5.1 million in funding	30/23/30	CI
ParaZero Technologies Ltd. announced that it expects to receive $5.1 million in funding	26/23/26	CI
Top Premarket Decliners	16/23/16	MT
ParaZero Technologies Ltd. and Maris-Tech Ltd. Expand their Collaboration into the Defense Market for Drones	12/23/12	CI
Top Premarket Gainers	09/23/09	MT
ParaZero Technologies Says Partner Receives Approval to Operate Drones in Populated Areas in Australia; Shares Rise	06/23/06	MT
Parazero Technologies Ltd. Introduces New Geocaging Functionality Targeting Air Mobility Safety in Restricted Areas	27/23/27	CI

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Company Profile

Parazero Technologies Ltd is an Israel-based aerospace company that is primarily focused on drone safety systems and engaged in the business of designing, developing, and providing autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems (UAS). The Company's patented technology SafeAir is designed to protect hardware, people, and payload in the event of an in-flight failure. The Company's SafeAir system is a smart parachute system that monitors UAS flight in real-time, identifies critical failures, and autonomously triggers a parachute in the event of an emergency. The Company has forged partnerships all around the world, including India, South Korea, the United States, Latin America, and Europe.

Sector

Aerospace & Defense

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Sector Drone Manufacturing

	1st Jan change	Capi.
PARAZERO TECHNOLOGIES LTD.	-3.26%	74.31L
AEROSPACE CH UAV CO.,LTD	-15.75%	214.3Cr
IDEAFORGE TECHNOLOGY LIMITED	-15.61%	36Cr
RED CAT HOLDINGS, INC.	+16.48%	7.61Cr

Drone Manufacturing