Tel Aviv, Israel, Jan. 07, 2025 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd . (Nasdaq: PRZO) (“The Company or ParaZero), an aerospace company focused on safety systems for defense and commercial drones and urban air mobility aircraft, today announced the launch of its newest product, the SafeAir Raptor. This latest and innovative safety system is specially designed for compatibility with Anzu Robotics Raptor and Raptor T (thermal) drone models.
The SafeAir Raptor offers performance capabilities similar to ParaZero’s acclaimed SafeAir Mavic 3 system, providing autonomous monitoring and real-time fault detection to ensure optimal safety during drone operations. Namely, the SafeAir Raptor complies with AS™ F3322-22 standards, which makes it suitable for operations above people in accordance with the regulations of the Federal Aviation Administration (FAA).
About ParaZero Technologies
ParaZero (Nasdaq: PRZO) is a leading developer of autonomous parachute safety systems technologies for commercial and military platforms, as well as urban air mobility (UAM) aircraft. Launched in 2014 by a passionate group of aviation professionals and drone industry veterans, ParaZero develops and manufactures smart, autonomous parachute safety systems designed to enable safe flight above populated areas and beyond visual line of sight (BVLOS), as well as for a variety of military applications including Counter UAS. For more information about ParaZero, visit https://parazero.com/
Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts and are based on management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be realized, and actual results may differ materially from those expressed or implied in forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, we refer to the Company’s reports filed from time to time with the Securities and Exchange Commission (SEC), including but not limited to the risks detailed in the Company’s annual reports. report on From 20-F for the year ended December 31, 2023. Forward-looking statements speak only as of the date on which the statements are made. The Company undertakes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable laws. on securities. If the Company updates one or more forward-looking statements, it should not be assumed that the Company will make additional updates with respect to them or with respect to other forward-looking statements. References and links to websites are provided as a convenience and the information contained on such websites is not incorporated by reference into this press release. ParaZero is not responsible for the content of third party websites.
Contact for investor relations:
Michal Efraty
Investor relations
michal@efraty.com
Source: ParaZero Technologies Ltd.
