ParaZero Technologies Ltd. (PRZO)

ParaZero Technologies will go public soon, but the exact IPO date is still unknown.
IPO Price Range
$5.20 - $7.20
Shares Offered
3,040,000
Deal Size
$18.85M

Company Description

ParaZero Technologies is an aerospace company that is focused on drone safety systems and engaged in the business of designing, developing, and providing what we believe are best-in-class autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems or UAS.

Our goal is to enable the drone industry to realize its greatest potential through increasing safety and mitigating operational risk. We have a global distribution footprint and have forged partnerships all around the world, including India, South Korea, the United States, Latin America and Europe.

We sell our drone safety systems as off-the-shelf solutions, as well as perform integrations with original equipment manufacturers offering customized, bespoke safety solutions for a large variety of aerial platforms.

Our technology has been sold to and used by some of the world’s top companies and organizations, including drone companies such as LIFT Aircraft, Airobotics, SpeedBird Aero and Doosan Corporation and other leading and known brands and entities such as CNN, the New York Times, Hensel Phelps, Verizon Media (Skyward), Fox Television Station, the Chicago Police Department and Fortis Construction.

ParaZero Technologies Ltd.
Country Israel
Founded 2014
Industry Industrials
Sector Aerospace & Defense
Employees 9
CEO Boaz Shetzer

Contact Details

Address:
30 Dov Hoz
Kiryat Ono 5555626
Israel
Phone +972-3-688-5252
Website parazero.com

Stock Details

Ticker Symbol PRZO
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency US Dollars
CIK Code 1916241

Key Executives

Name Position
Boaz Shetzer Chief Executive Officer
Moshe Hukaylo Chief Financial Officer
Yuval Gilad Chief Product Officer
Roy Borochov Chairman of the Board of Directors
Moshe Revach Director
Amitay Weiss Director
Tali Dinar Director

Latest SEC Filings

Date Type Title
Sep 15, 2022 FWP Free Writing Prospectus
Sep 15, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Sep 8, 2022 FWP Free Writing Prospectus
Sep 7, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Jul 29, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Jul 19, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Jul 1, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
May 24, 2022 F-1 Registration statement for certain foreign private issuers
Apr 27, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Mar 11, 2022 DRS [Cover] Draft Registration Statement