ParaZero (PRZO) announced a strategic partnership with JFB Construction (JFB). Under the collaboration, ParaZero’s advanced DefendAir net-launching system is integrated onto Xtend’s Scorpio 1000 drone platform. This integration enables fully autonomous interception of hostile drones, including detection, tracking, and high-speed pursuit, using a kinetic net capture to minimize collateral damage and allow safe operations.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRZO:
- ParaZero announces closing of $4M registered direct offering
- ParaZero Technologies Secures $4 Million in Registered Direct Offering to Bolster UAS Growth
- ParaZero to sell 5.333M shares at 75c in registered direct offering
- ParaZero Signs Strategic Cooperation Deal With India’s BonV Aero to Push DefendAir in Key Defense Market
- ParaZero signs cooperation agreement with BonV Aero