ParaZero Technologies Ltd. (PRZO) has released an update.
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ParaZero Technologies Ltd., an innovator in aerospace safety systems, has successfully delivered a bespoke advanced safety system for a leading U.S. Advanced Air Mobility (AAM) company’s manned aircraft, designed for a range of uses including personal and military applications. The system, which includes proprietary technology and real-time monitoring, underscores ParaZero’s commitment to elevating safety in the burgeoning eVTOL air taxi market. This accomplishment cements ParaZero’s position as a significant contributor to the AAM industry, which is expected to grow to $6.22 billion by 2030, driven by the demand for greener transportation alternatives.
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