Company Description
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 Mavic 3, SafeAir M-200 Pro, SafeAir M-300 Pro, SafeAir M350 Pro, SafeAir M-600 Pro, SafeAir M30 Pro, SafeAir V1EX, SafeAir Parallel, SafeAir 350, and Custom Integrations.
The company serves system manufacturers, resellers, and online stores. The company was incorporated in 2013 and is headquartered in Kiryat Ono, Israel.
| Country | Israel |
| Founded | 2014 |
| IPO Date | Jul 27, 2023 |
| Industry | Aerospace & Defense |
| Sector | Industrials |
| Employees | 15 |
| CEO | Boaz Shetzer |
Contact Details
Address: 30 Dov Hoz Kiryat Ono, L3 5555626 Israel | |
| Phone | 97236885252 |
| 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 Tovias | Chief Financial Officer |
| Yuval Gilad | Chief Product Officer |
| Oren Aviram | Vice President of Sales |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 27, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| Mar 22, 2024 | EFFECT | Notice of Effectiveness |
| Mar 22, 2024 | 6-K | Report of foreign issuer |
| Mar 21, 2024 | POS AM | Post-Effective amendments for registration statement |
| Mar 21, 2024 | 20-F | Annual and transition report of foreign private issuers |
| Feb 27, 2024 | 6-K | Report of foreign issuer |
| Feb 20, 2024 | 6-K | Report of foreign issuer |
| Feb 14, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | 6-K | Report of foreign issuer |
| Jan 26, 2024 | 6-K | Report of foreign issuer |