ParaZero Achieved Positive Results from Mutual Project with Fortune 500 Automotive Manufacturer

January 29, 2024

https://www.globenewswire.com/news-release/2024/01/29/2818782/0/en/ParaZero-Achieved-Positive-Results-from-Mutual-Project-with-Fortune-500-Automotive-Manufacturer.html

ParaZero is furthering its collaboration with the same esteemed customer, having recently secured an additional order

Tel Aviv, Israel, Jan. 29, 2024 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq:PRZO) (the “Company “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announced recently the successful completion of a significant drone safety project with a leading Fortune 500 automotive manufacturer (“the Customer”) for their proprietary drone program. As announced on December 20, 2023, and in line with the project agreement, ParaZero has received full payment for the development of a first-of-its-kind custom variant of their innovative SafeAir™ drone safety system.

Read more at globenewswire.com

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