ParaZero Technologies Ltd. Ordinary Shares (PRZO) Dividend History

Company News

• ParaZero Announces 2024 Financial Results

  ParaZero Technologies, an aerospace company focused on drone safety systems, reported a 50.2% increase in sales for 2024, driven by growth in OEM integrations. The company also strengthened its cash position and expanded its defense and commercial operations, including the launch of a precision airdrop system and advancements in counter-drone technology.

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• ParaZero Announces Preliminary Unaudited Results for the Year Ended December 31, 2024

  ParaZero Technologies, a developer of safety systems for commercial drones and military applications, reported a 45% increase in revenues for 2024 to around $900,000. However, the company's cash and cash equivalents decreased from $7.4 million in 2023 to $4.2 million in 2024.

  GlobeNewswire Inc.
• ParaZero Achieves Regulatory Compliance in Europe to Fly in Urban Environments with its SafeAir Systems

  ParaZero Technologies, an aerospace company, announced that its SafeAir systems have achieved CE Class C5 compliance, enabling drone operators to conduct missions in urban environments while maintaining regulatory compliance.

  GlobeNewswire Inc.
• ParaZero Receives MOD Approval for Marketing of the DefendAir, Its Counter-Drone Solution

  ParaZero Technologies, an aerospace company, has received approval from the Israeli Defense Export Controls Agency to market its cutting-edge Counter-Unmanned Aerial Systems (C-UAS) solution globally. This milestone reflects the company's efforts to expand its presence in the defense and security markets, addressing the growing demand for effective counter-drone technologies.

  GlobeNewswire Inc.
• ParaZero Received Order from a Leading Tier-One Defense Company for 50 Drone Safety Systems for Military Operational Use

  ParaZero, an aerospace company, announced a partnership with a leading defense company to adapt and integrate its drone safety system for military and medical missions. The company received an initial order for 50 systems, with plans for additional hundreds of systems for a pilot program.

  GlobeNewswire Inc.