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The latest update is out from ParaZero Technologies Ltd. ( (PRZO) ).
ParaZero Technologies Ltd. announced on February 11, 2025, that its SafeAir systems have achieved CE Class C5 compliance, marking a significant step forward in drone safety and regulatory compliance within Europe. This certification allows drone operators to perform missions in urban environments under the Standard Scenario STS-01, streamlining regulatory processes and opening new business avenues in logistics, infrastructure inspection, emergency response, and defense, thereby enhancing the company’s market position and offering substantial operational benefits to stakeholders.
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 designs smart, autonomous parachute safety systems to facilitate safe drone operations in populated areas and beyond-visual-line-of-sight (BVLOS) applications across various military and commercial markets.
YTD Price Performance: -24.17%
Average Trading Volume: 9,178,613
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $18.42M
See more insights into PRZO stock on TipRanks’ Stock Analysis page.
