ParaZero Technologies Secures Defense Contract for Advanced Counter-Drone System

Reuters
2025/08/18
ParaZero Technologies Secures Defense Contract for Advanced Counter-Drone System

ParaZero Technologies Ltd. (Nasdaq: PRZO), an aerospace defense company specializing in smart, autonomous solutions for aerial systems, has announced the receipt of a purchase order for its advanced Counter-Unmanned Aerial Systems (C-UAS) solution from a defense entity. This new order marks a significant milestone for ParaZero as it continues to expand its presence in the defense and counter-drone markets. The company's cutting-edge C-UAS technology is designed to neutralize drones, providing essential protection for critical infrastructure and sensitive operations. Ariel Alon, CEO of ParaZero, stated that the order is a testament to the trust in their technology and underscores their commitment to safety and security. The global anti-drone market is projected to grow significantly, reaching $12.24 billion by 2032, with a CAGR of 21.62% from 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parazero Technologies Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9514047-en) on August 18, 2025, and is solely responsible for the information contained therein.

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