ParaZero Technologies Ltd. (PRZO)

NASDAQ: PRZO · IEX Real-Time Price · USD
1.080
+0.304 (39.12%)
At close: Apr 12, 2024, 4:00 PM
1.050
-0.030 (-2.78%)
After-hours: Apr 12, 2024, 7:59 PM EDT
39.12%
Market Cap 11.67M
Revenue 620,508
Net Income -3.77M
Shares Out 10.81M
EPS -0.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 12,042,907
Open 0.886
Previous Close 0.776
Day's Range 0.750 - 1.180
52-Week Range 0.560 - 4.150
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Apr 19, 2024

About PRZO

ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, distributes, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency. Its autonomous parachute system portfolio includes SafeAir Phantom, SafeAir Mavic, SafeAir M... [Read more]

Sector Industrials
IPO Date Jul 27, 2023
Employees 15
Stock Exchange NASDAQ
Ticker Symbol PRZO
Full Company Profile

Financial Performance

In 2023, PRZO's revenue was $620,508, an increase of 10.78% compared to the previous year's $560,118. Losses were -$3.77 million, 128.1% more than in 2022.

Financial Statements

News

ParaZero to Showcase Latest Drone Safety Solutions at Xponential 2024 Conference

Tel Aviv, Israel, April 02, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mo...

11 days ago - GlobeNewsWire

ParaZero Announces 2023 Financial Results

TEL AVIV, Israel, March 22, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero”), an aerospace company focused on drone technologies for commercial drones, ...

22 days ago - GlobeNewsWire

ParaZero to Enter the Multi-Billion Dollar Counter Drone Market

The counter unmanned aircraft system (C-UAS) market is estimated to reach over $15 billion by 2032 Tel Aviv, Israel, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "C...

6 weeks ago - GlobeNewsWire

ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation

As part of the ongoing collaboration with Vayu Aerospace, ParaZero's safety systems will be integrated into Vayu's fleet of G-1MKII, G-1MKIII, US-1-MKII and US-2 delivery drones to be used as part of ...

7 weeks ago - GlobeNewsWire

ParaZero Announces Receipt of Nasdaq Minimum Bid Price Notification

Tel Aviv, Israel, Feb. 09, 2024 (GLOBE NEWSWIRE) --  ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for commercial drones...

2 months ago - GlobeNewsWire

ParaZero Achieved Positive Results from Mutual Project with Fortune 500 Automotive Manufacturer

ParaZero is furthering its collaboration with the same esteemed customer, having recently secured an additional order Tel Aviv, Israel, Jan. 29, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Na...

2 months ago - GlobeNewsWire

ParaZero Has Enabled Precedent-Setting Light UAS Operator Certificate Approval in Denmark

The light UAS operator certificate (LUC) approval allows for self-authorized cross-border drone operations throughout the European Union without additional approval required

2 months ago - GlobeNewsWire

Former Director of Security of the Israeli Defense Establishment Nir Ben Moshe Joining ParaZero

Ben Moshe is set to join ParaZero as a specialist advisor, utilizing his extensive network in defense and homeland security to advance the company's technology

4 months ago - GlobeNewsWire

ParaZero Successfully Completed its Drone Safety Project with a Fortune 500 Leading Automotive Manufacturer

ParaZero is furthering its collaboration with the same esteemed customer, having recently secured an additional order Tel Aviv, Israel, Dec. 20, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Na...

4 months ago - GlobeNewsWire

ParaZero to Elevate Aerospace Safety Standards to Military Aircraft

Innovative new strategic partnership targets helicopter and drone enhanced safety Tel Aviv, Israel, Dec. 12, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company “ParaZero”...

4 months ago - GlobeNewsWire

ParaZero and KULR Technology Group Form Working Strategic Partnership to Serve Military and Drone Markets

Tel Aviv, Israel, Dec. 05, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and ...

4 months ago - GlobeNewsWire

Australia Greenlights Game-Changing Era: Commercial Drones with ParaZero Safety Systems to Fly in Populated Areas

ParaZero is thrilled to be at the forefront of this aviation evolution, enabling safer and more dynamic drone applications across the Australian skies

4 months ago - GlobeNewsWire

ParaZero Elevates Defense Drone Safety with Groundbreaking AI Avionics System

Tel Aviv, Israel, Nov. 17, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mob...

5 months ago - GlobeNewsWire

Seasoned Drone, Air Mobility and Defense Executive Cameron Chell Joins ParaZero as Advisor

Tel Aviv, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mob...

5 months ago - GlobeNewsWire

Aegis Capital Corp. acted as Exclusive Placement Agent on a $5.1 Million Private Placement for ParaZero Technologies Ltd. (NASDAQ: PRZO)

NEW YORK, NY / ACCESSWIRE / October 31, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $5.1 Million Private Placement for ParaZero Technologies Ltd. (NASDAQ:PRZO).

5 months ago - Accesswire

ParaZero Technologies Ltd. Announces Closing of $5.1 Million Private Placement

KIRYAT ONO, ISRAEL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (“ParaZero” or the “Company”), an aerospace company focused on drone safety systems for commercial drones and urban air...

5 months ago - GlobeNewsWire

ParaZero Technologies Ltd. Announces Pricing of $5.1 Million Private Placement

KIRYAT ONO, ISRAEL, Oct. 26, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (“ParaZero” or the “Company”), an aerospace company focused on drone safety systems for commercial drones and urban air...

6 months ago - GlobeNewsWire

ParaZero Technologies and Maris-Tech Expand their Collaboration into the Defense Market for Drones

The joint solution will integrate safety technology and predictive maintenance into a unified platform, leveraging Maris-Tech's artificial intelligence and video analytics capabilities

6 months ago - GlobeNewsWire

Australian Regulator Approves First Commercial Drone Flights in Populated Areas and Near People Using ParaZero Safety Systems

ParaZero and OVRL make history overcoming the previous regulatory barriers, now enabling the first operational approval in Australia for an organization to conduct advanced drone operations in populat...

6 months ago - GlobeNewsWire

ParaZero Introduces New Geocaging Functionality Targeting Air Mobility Safety in Restricted Areas

The new solution provide drone' saftey systems with secure long-range and beyond visual line of sight (BVLOS) Tel Aviv, Israel, Sept. 27, 2023 (GLOBE NEWSWIRE) --  ParaZero Technologies Ltd.

7 months ago - GlobeNewsWire

ParaZero Announced First Half 2023 Financial Results

Revenues increased 137%; company completed a $7.8 Million Initial Public Offering in July 2023 Revenues increased 137%; company completed a $7.8 Million Initial Public Offering in July 2023

7 months ago - GlobeNewsWire

ParaZero to Showcase its Pioneering Drone Safety Systems at the 2023 DroneX Tradeshow & Conference

Tel Aviv, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mo...

7 months ago - GlobeNewsWire

Airobotics Optimus 1-EX Drone Receives Historic U.S. FAA Type Certification; Using ParaZero SafeAir Safety System

The Airobotics Optimus-1EX Uncrewed Aircraft System is the first non-air carrier drone designed for autonomous security and data capture that has been granted Type Certification by the Federal Aviatio...

7 months ago - GlobeNewsWire

ParaZero Develops New AI-Based Safety and Awareness System for Commercial Drones and Urban Air Mobility Aircraft

The Company's next-generation avionics are built with sophisticated visual awareness cameras and a robust sensor-array malfunction detection system to enable unmanned aircraft systems (UAS) and electr...

8 months ago - GlobeNewsWire

ParaZero Enhances Drone Safety with SafeAir for New DJI Model

ParaZero continues to expand its compatibility with popular drone systems with the release of the SafeAir M30 Pro, a unique safety system for the DJI M30

8 months ago - GlobeNewsWire