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The latest update is out from ParaZero Technologies Ltd. ( (PRZO) ).
ParaZero Technologies Ltd. has bolstered its board of directors with the appointment of Mr. Natan Israeli, a seasoned UAV squadron leader and former senior officer in the Israeli Air Force, to support its strategic growth in the military and defense markets. This move aligns with ParaZero’s recent advancements in defense technology, including securing multiple orders for its Counter-Unmanned Aerial Systems (C-UAS) technology, underscoring its expanding role in addressing security challenges posed by drones.
More about ParaZero Technologies Ltd.
ParaZero Technologies Ltd. is an aerospace company specializing in autonomous parachute safety systems for commercial and military drones, as well as urban air mobility aircraft. Founded in 2014, the company focuses on enabling safe flight operations over populated areas and beyond-visual-line-of-sight, with applications in defense and urban air mobility.
YTD Price Performance: 104.23%
Average Trading Volume: 5,829,436
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $16.19M
For an in-depth examination of PRZO stock, go to TipRanks’ Stock Analysis page.
