ParaZero Unlocks Growth Opportunities After Achieving European Regulatory Compliance for its SafeAir Systems
February 20 2025 - 6:37AM
ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or
“ParaZero”), an aerospace company focused on safety systems for
commercial unmanned aircrafts and defense Counter UAS systems,
recently announced that it has successfully achieved regulatory
compliance with the European Union Aviation Safety Agency (EASA)
for its SafeAir systems. This milestone marks a step forward for
the company, solidifying its position as a trusted provider of
safety solutions in the rapidly expanding drone market.
ParaZero secured EASA compliance for its SafeAir systems. The
Company announced last week that its system is integrated with the
DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E, and has
successfully achieved CE Class C5 compliance. This achievement
marks a significant advancement in drone safety and regulatory
readiness, particularly within the European market.
The CE Class C5 certification is crucial for compliance with the
European Union Aviation Safety Agency (EASA) regulations,
especially for operators navigating the complex Specific Operations
Risk Assessment (SORA) process. By meeting these stringent
requirements, ParaZero’s SafeAir systems simplify the regulatory
pathway for drone operators, enabling them to conduct missions in
an urban environment, with greater confidence, efficiency, and
safety.
Achieving CE Class C5 compliance ensures that drone operators
can now perform operations under the popular Standard Scenario
STS-01, which permits drone flights in densely populated urban
areas with controlled ground spaces. This reduces the need for
extensive documentation and lengthy approval processes,
significantly accelerating deployment timelines for commercial and
defense drone missions.
ParaZero’s SafeAir system is designed to autonomously detect
critical failures and deploy a parachute to safely land the drone,
minimizing the risk to people and property on the ground. This
advanced technology has been integrated into leading drone
platforms, providing an added layer of safety for both commercial
and defense applications.
With the CE Class C5 certification in place, ParaZero is
well-positioned to support drone operators across Europe in meeting
regulatory requirements, unlocking new business opportunities in
industries such as logistics, infrastructure inspection, emergency
response, and defense.
About ParaZero Technologies
ParaZero (Nasdaq: PRZO) is an aerospace company focused on drone
safety systems for defense and commercial drones and urban air
mobility 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 over populated areas and
beyond-visual-line-of-sight (BVLOS) as well as for various military
applications including Counter UAS. For more information about
ParaZero, please visit https://parazero.com/
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act and
other 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. Forward-looking statements are not
historical facts, and are based upon management’s current
expectations, beliefs and projections, many of which, by their
nature, are inherently uncertain. Such expectations, beliefs and
projections are expressed in good faith. However, there can be no
assurance that management’s expectations, beliefs and projections
will be achieved, and actual results may differ materially from
what is expressed in or indicated by the forward-looking
statements. Forward-looking statements are subject to risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed in the forward-looking
statements. For a more detailed description of the risks and
uncertainties affecting the Company, reference is made to the
Company’s reports filed from time to time with the Securities and
Exchange Commission (“SEC”), including, but not limited to, the
risks detailed in the Company’s Annual Report on Form 20-F filed
with the SEC on March 21, 2024. Forward-looking statements speak
only as of the date the statements are made. The Company assumes no
obligation to update forward-looking statements to reflect actual
results, subsequent events or circumstances, changes in assumptions
or changes in other factors affecting forward-looking information
except to the extent required by applicable securities laws. If the
Company does update one or more forward-looking statements, no
inference should be drawn that the Company will make additional
updates with respect thereto or with respect to other
forward-looking statements. 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. ParaZero is not responsible for the content of third-party
websites.
Investor Relations Contact:
Michal EfratyInvestor Relationsmichal@efraty.com
ParaZero Technologies Ltd. | 30 Dov Hoz, Kiryat
Ono, Israel 5555626P: +972-36885252 |
E: contact@parazero.com | F: +972-3-688-5246
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