Medigus: ParaZero Launches SafeAir M350 Pro for DJI's New Enterprise Drone
August 14 2023 - 8:05AM
Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in
electric vehicle charging solutions, advanced medical solutions,
and innovative internet technologies, today announced that ParaZero
Technologies Ltd. (PRZO) (“ParaZero”), an aerospace company focused
on drone safety systems for commercial drones and urban air
mobility aircraft, (33.36% owned by Medigus), has announced
the official release of the SafeAir M350 Pro, a parachute system
designed for DJI's newest enterprise drone, DJI M350 RTK.
ParaZero’s SafeAir M350 Pro is a drone parachute
recovery system that mitigates flight risks autonomously. The
SafeAir system is equipped with integrated sensors that
continuously monitor and analyze the drone’s flight patterns to
identify any indications of a critical failure. When triggered, the
SmartAir Pro™, ParaZero’s onboard computer, responds with an
instantaneous activation of the SafeAir system. The system cuts
power to the drone, alerts people on the ground with an audible
alarm, and deploys a lightweight parachute, bringing the drone to
the ground in a safe, controlled descent.
Equipped with ParaZero’s innovative parachute
technology, organizations and operators around the world have
received regulatory approvals for advanced operations, including
autonomous flight beyond visual line of sight (BVLOS), operations
over people (OOP), operations in densely populated areas, and drone
delivery, by providing a robust safety solution to mitigate ground
risk in the event of an emergency.
The SafeAir DJI M350 Pro parachute recovery system
is available for purchase on ParaZero's official website and
through authorized distributors worldwide.
About ParaZero Technologies
ParaZero ( https://parazero.com/ ) is a
world-leading developer of autonomous parachute safety systems for
commercial drone and urban air mobility (UAM) aircraft. Started in
2014 by a passionate group of aviation professionals and drone
industry veterans, ParaZero designs smart, autonomous parachute
safety systems designed to enable safe flight operations
overpopulated areas and beyond-visual-line-of-sight (BVLOS).
About Medigus
Based in Israel, Medigus Ltd. (Nasdaq: MDGS) is a
technologies company that is focused on innovative growth
partnerships, mainly in advanced medical solutions, digital
commerce, and electric vehicle markets. Medigus' affiliations in
the medical solutions arena consist of ownership in Polyrizon Ltd.
The Company’s affiliates in digital commerce include Gix Internet
Ltd., Jeffs’ Brands Ltd. and Eventer Technologies Ltd. In the
electric vehicle market, Charging Robotics Ltd. and Revoltz, by way
of Fuel Doctor Holdings, Inc., are also part of the Company’s
portfolio of technology solution providers. Medigus is traded on
the Nasdaq Capital Market. To learn more about Medigus’ advanced
technologies, please visit http://www.medigus.com/.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. Because such statements deal with
future events and are based on Medigus’ current expectations, they
are subject to various risks and uncertainties, and actual results,
performance or achievements of Medigus could differ materially from
those described in or implied by the statements in this press
release. .
The forward-looking statements contained or implied
in this press release are subject to other risks and uncertainties,
including those discussed in any filings with the SEC. Except as
otherwise required by law, Medigus undertakes no obligation to
publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. References and
links to websites have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release. Medigus is not responsible for
the contents of third-party websites.
Company Contact
Tali DinarChief Financial
Officer+972-8-6466-880ir@medigus.com
Investor Relations Contact:
Michal EfratyInvestor Relations,
Israel+972-(0)52-3044404michal@efraty.com
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