ParaZero Technologies Ltd. ( (PRZO) ) has issued an update.
ParaZero Technologies Ltd. has unveiled the SafeAir Raptor, an advanced safety system designed for Anzu Robotics’ Raptor and Raptor T drones. This system enhances operational safety through autonomous monitoring and real-time failure detection, complying with ASTM F3322-22 standards, thus qualifying it for operations over people according to FAA regulations.
More about ParaZero Technologies Ltd.
ParaZero Technologies Ltd. is an aerospace company that develops autonomous parachute safety systems for commercial and military drones and urban air mobility aircraft. Established in 2014, the company focuses on enabling safe flight operations over populated areas and beyond-visual-line-of-sight, as well as military applications like Counter UAS.
YTD Price Performance: 5.21%
Average Trading Volume: 7,497,719
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $24.78M
Learn more about PRZO stock on TipRanks’ Stock Analysis page.