ParaZero Enters Defense Market with C-UAS Solution
Company Announcements

ParaZero Enters Defense Market with C-UAS Solution

ParaZero Technologies Ltd. (PRZO) has released an update.

ParaZero Technologies Ltd., an innovator in drone safety systems, has received its inaugural order for a Counter Unmanned Aerial Systems (C-UAS) solution from a global Tier-1 defense firm, marking a strategic move into the defense sector. The company’s proprietary technology provides a multi-layered platform to detect and neutralize rogue drones, addressing security needs across military, public, and private domains. With drones increasingly posing threats worldwide, ParaZero’s entry into the C-UAS market taps into a sector projected to grow to $5.2 billion by 2028.

For further insights into PRZO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyParaZero securede $187,000 purchase order for drone safety systems
TipRanks Auto-Generated NewsdeskParaZero Technologies Announces 2024 Shareholder Meeting
TipRanks Auto-Generated NewsdeskParaZero Technologies Appoints New Chief Financial Officer
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App