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KFAR SABA, ISRAEL - ParaZero Technologies Ltd. (Nasdaq:PRZO), a $26.28 million market cap company that has seen its stock surge 154.79% over the past year, has secured a new order for its DefendAir counter-drone solutions from a Tier 1 global defense corporation, the company announced Friday.
The order includes both the DefendAir system and integration services with a training package. DefendAir is a multi-layered counter-UAS system that uses a patented net launcher to intercept hostile drones in urban environments while minimizing collateral damage.
According to the company, the system has demonstrated 100% interception success in previous field trials.
"As threats from unmanned aerial systems continue to evolve and shape the modern battlefield, our DefendAir technology provides critical protection for military and security operations," said Ariel Alon, CEO of ParaZero.
The Israel-based aerospace defense company specializes in autonomous solutions for both manned and unmanned aerial systems. Founded in 2014, ParaZero’s product portfolio includes SafeAir, an autonomous parachute recovery system; DefendAir, the counter-UAS platform; and DropAir, a precision aerial delivery system.
This announcement follows the company’s recent filing of its Annual Report with the SEC on March 21, 2025.
The information in this article is based on a press release statement from ParaZero Technologies.
In other recent news, ParaZero Technologies Ltd. has announced the receipt of a purchase order from Airobotics Ltd. for its advanced safety systems. Although the financial terms were not disclosed, this order continues a history of collaboration between the two companies. Additionally, ParaZero has completed a successful joint field trial of its DropAir system for precision delivery of blood units, collaborating with Israeli agencies such as the Ministry of Defense and the Israel Defense Forces. The trial demonstrated the system’s capability to deliver blood transfusions safely from an altitude of 200 meters.
Furthermore, ParaZero successfully conducted a field trial of its DefendAir Stationary Turret system with Israel’s homeland security authority, achieving a 100% interception success rate. The trial highlighted the system’s ability to neutralize hostile drones using advanced optical detection and tracking. In another development, ParaZero completed a trial of its DefendAir Hand-Held Net Gun System for a branch of Israel’s defense sector, achieving a 100% interception success rate. Lastly, the company received a purchase order for its Counter-Unmanned Aerial Systems solution from an unnamed defense entity, marking further expansion into the defense market.
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