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ParaZero Technologies Ltd. ( (PRZO) ) has issued an update.
ParaZero Technologies Ltd. announced a significant milestone as its safety systems facilitated a Federal Aviation Administration (FAA) waiver for Beyond Visual Line of Sight (BVLOS) drone operations, as reported on February 3, 2025. This development underscores the critical importance of ParaZero’s advanced safety technology in expanding drone capabilities and integrating drones into national airspace, thereby opening new commercial, public safety, and humanitarian applications.
More about ParaZero Technologies Ltd.
ParaZero Technologies Ltd. is an aerospace company specializing in safety systems for commercial unmanned aircraft and defense Counter UAS systems. Established in 2014, the company is renowned for its autonomous parachute safety systems, which are used in urban air mobility (UAM) aircraft and various military applications.
YTD Price Performance: -12.32%
Average Trading Volume: 9,117,449
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $20.65M
See more data about PRZO stock on TipRanks’ Stock Analysis page.
