Company Description
ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, markets, 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 Mavic 2, SafeAir Mavic 3, SafeAir Anzu Raptor, SafeAir M-300 Pro, SafeAir 350 Pro, SafeAir V1EX, SafeAir eVTOL, and Custom Integrations.
It also offers DefendAir technology, including DefendAir Drone/FPV and Personal DefendAir Gun; and the DropAir Precision Airdrop System.
The company sells directly to customers through system manufacturers, resellers, and online stores. ParaZero Technologies Ltd. was incorporated in 2013 and is headquartered in Kfar Saba, Israel.
| Country | Israel |
| Founded | 2014 |
| IPO Date | Jul 27, 2023 |
| Industry | Aerospace & Defense |
| Sector | Industrials |
| Employees | 22 |
| CEO | Boaz Shetzer |
Contact Details
Address: Menivim Tower, 1 Hatachana Street Kfar Saba, 4453001 Israel | |
| Website | parazero.com |
Stock Details
| Ticker Symbol | PRZO |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $4.00 |
| CIK Code | 0001916241 |
| ISIN Number | IL0011857013 |
| SIC Code | 3728 |
Key Executives
| Name | Position |
|---|---|
| Boaz Shetzer | Chief Executive Officer |
| Yuval Gilad | Chief Product and Technology Officer |
| Oren Aviram | Vice President of Sales |
| Regev Livne | Chief Financial Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 17, 2025 | 6-K | Report of foreign issuer |
| Apr 15, 2025 | 6-K | Report of foreign issuer |
| Apr 14, 2025 | 6-K | Report of foreign issuer |
| Apr 11, 2025 | 6-K | Report of foreign issuer |
| Apr 10, 2025 | 6-K | Report of foreign issuer |
| Mar 27, 2025 | 6-K | Report of foreign issuer |
| Mar 27, 2025 | 6-K | Report of foreign issuer |
| Mar 21, 2025 | 6-K | Report of foreign issuer |
| Mar 21, 2025 | 20-F | Annual and transition report of foreign private issuers |
| Mar 7, 2025 | 6-K | Report of foreign issuer |