ParaZero Technologies Ltd.
NASDAQCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Ariel Alon
- Full Time Employees
- 22
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- Menivim Tower Kfar Saba TA Israel 4453001
- IPO Date
- Jul 27, 2023
- CIK
- 0001916241
- Website
- parazero.com
- Similar Companies
- Business
- ParaZero Technologies Ltd. (Nasdaq: PRZO) is an Israel-based aerospace defense company that designs, develops, manufactures and markets autonomous safety systems for commercial unmanned aerial systems (UAS), urban air mobility platforms and counter-drone applications; its core product portfolio includes SafeAir, an autonomous parachute recovery system for aerial safety and regulatory compliance; DefendAir, a counter-UAS net-launching platform for neutralizing hostile drones in battlefield and urban environments; and DropAir, a precision aerial delivery system for critical payloads in complex terrains. Founded in 2014 and headquartered in Kfar Saba, the company supports commercial, industrial and governmental customers worldwide through direct sales, system integrators, resellers and online channels, with operations spanning North America, Europe, Asia, Latin America and the Middle East. ParaZero's SafeAir technology employs real-time flight monitoring, AI-driven risk detection and low-altitude parachute deployment to mitigate in-flight failures, protect payloads and ensure bystander safety across drone platforms from 1kg to 650kg. In recent developments, ParaZero signed a non-binding letter of intent in March 2025 to acquire Lulav Space Ltd., a provider of space-grade navigation, sensing and counter-drone technologies including an Advanced Guidance Kit for drone swarm interception and a GPS-independent Autonomous Navigation Kit, aiming to bolster its counter-UAS and defense capabilities with a potential close in Q2 2025 via cash and equity. The company completed a $2.2 million registered direct offering in August 2025 to fund growth initiatives. Additional milestones include securing global marketing approvals from Israel's Ministry of Defense (DECA) for DefendAir integrations with Heven Drones and Stedicopter platforms, alongside follow-on orders for SafeAir M4 from European partners and progress on AI-enhanced R&D for drone delivery and defense applications.
Company News
ParaZero Reports Strong First Half 2026 Results with 195% Sales Growth and Expanding DefendAir Commercial Momentum
ParaZero Receives First DefendAir Order from U.S. Federal Agency, Marking Entry into the U.S. Counter-UAS Market
ParaZero's DefendAir Receives Third Order from Tier-1 Global Defense Company, Advancing Toward Full-Scale Operational Deployment
ParaZero Receives Initial DefendAir Order from Tier-1 European Defense Manufacturer for Autonomous Counter-UAS Platform
ParaZero and Axon Vision Introduce New ForceField Counter-UAS Configuration with DefendAir Net-Based Interception
Third Business Unit of Tier-1 Israeli-Based Global Defense Company Places DefendAir Net Pod Order with ParaZero
ParaZero Receives Follow-On Order for Operational System Protecting High-Value Assets and Critical Infrastructure
ParaZero Receives Follow-On Order for Operational System Protecting High-Value Assets and Critical Infrastructure
ParaZero Successfully Demonstrates its Counter-UAS System in France
ParaZero Successfully Demonstrates its Counter-UAS System in France
ParaZero Accelerates Active Counter-FPV Protection for Vehicles and High-Value Assets Amid Escalating Battlefield Threats
ParaZero Accelerates Active Counter-FPV Protection for Vehicles and High-Value Assets Amid Escalating Battlefield Threats
ParaZero Secures Significant Purchase Order Valued at Over $1 Million from U.S.-Based Customer
ParaZero Receives Additional DefendAir Net Pod Order from Second Business Unit of Tier-1 Israeli-Based Global Defense Company
ParaZero Wins Two New Israeli DefendAir Net Pod Integration Deals for Autonomous Counter-UAS Platforms
ParaZero Secures First DefendAir Order from U.S.-Based Tier-1 Defense Corporation
ParaZero Secures First DefendAir Order from U.S.-Based Tier-1 Defense Corporation
ParaZero Secured Full Scale Production Capacity to Support Growing Demand for DefendAir Counter-Drone Systems
ParaZero Secured Full Scale Production Capacity to Support Growing Demand for DefendAir Counter-Drone Systems
ParaZero Conducts First U.S. Live Demonstration of DefendAir Net Launcher Following the Company’s SOF Week Exhibition 2026