ParaZero Technologies Ltd. (PRZO) has released an update.
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ParaZero Technologies Ltd. has received a $187,000 order from a U.S.-based Advanced Air Mobility company for its innovative drone safety systems, marking a move towards serial production and potential future large-scale manufacturing. This follows a successful customization project for the client’s manned aircrafts, indicating strong market confidence in ParaZero’s technology. The company’s advancements align with the growing demand for environmentally friendly eVTOL air taxis, a market expected to reach $6.22 billion by 2030.
For further insights into PRZO stock, check out TipRanks’ Stock Analysis page.
