Parazero Technologies Ltd

ParaZero Technologies Ltd. develops drone technology and safety systems. The company is headquartered in Kfar Saba, Central(Hamerkaz) and currently employs 22 full-time employees. The company went IPO on 2023-07-27. The firm's patented technology SafeAir is designed to protect hardware, people, and payload in the event of an in-flight failure. The firm's SafeAir system is a smart parachute system that monitors UAS flight in real-time, identifies critical failures, and autonomously triggers a parachute in the event of an emergency. The firm has forged partnerships all around the world, including India, South Korea, the United States, Latin America, and Europe.