Order reflects growing demand for ParaZero’s advanced drone safety solutions across the European commercial and enterprise sectors TEL AVIV, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- 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, today announced that it has received a new order for dozens of units of its innovative SafeAir™ M4 system. The order was placed by a prominent ...

TEL AVIV, Israel, April 30, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announced recently that official marketing approval from the Israeli Ministry of Defense’s Defense Export Controls Agency (DECA) was received for the DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones (“Heven”). Heven is a leading U.S. drone man ...

Expanded approval now includes Mavic 3 Pro and Mavic 3 Pro Cine, completing regulatory pathway for enterprise drone operations in urban and sensitive areas TEL AVIV, Israel, April 24, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, recently announced a significant milestone: the extension of its European regulatory compliance under Class C5 for its ...

TEL AVIV, Israel, April 21, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announced today that official marketing approval from the Israeli Ministry of Defense’s Defense Export Controls Agency (DECA) was received for the DropAir™ Precision Airdrop System, developed in collaboration with Heven Drones (“Heven”) , a leading U.S. drone manufacturer wi ...

New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 17, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parac ...

New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 15, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parac ...

Core Points - ParaZero Technologies Ltd. has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share [1][2] - The company has a compliance period of 180 calendar days, until October 7, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days [2] - If compliance is not regained within the initial period, the company may be eligible for an additional 180-day compliance period under certain conditions [2] - The notice does not have an immediate effect on the company's Nasdaq listing or trading of its shares, which will continue to trade under the symbol "PRZO" during the grace period [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems [4] - The company was founded in 2014 by aviation professionals and drone industry veterans, specializing in smart, autonomous parachute safety systems [4]

Core Points - ParaZero Technologies Ltd. has announced the extension of its European regulatory compliance under Class C5 for its SafeAir™ system, now covering the Mavic 3 Pro and Mavic 3 Pro Cine models [1][2] - The certification allows enhanced operational permissions for the Mavic 3 series under the European Union Aviation Safety Agency (EASA) guidelines, particularly for urban and sensitive airspace operations [2][3] - The SafeAir system provides autonomous emergency response features, including real-time flight monitoring and a patented ballistic parachute system, aimed at enhancing safety for drone operators in densely populated areas [3] Company Overview - ParaZero Technologies is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, founded in 2014 by aviation professionals and drone industry veterans [4] - The company designs smart, autonomous parachute safety systems to enable safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS) [4]

Proposed acquisition would bring advanced space technologies and deep-space navigation expertise into ParaZero’s innovation portfolio TEL AVIV, Israel, March 27, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the signing of a non-binding Letter of Intent (LOI) to acquire 100% of the issued and outstanding share capital of Lulav Space Ltd. (“Lulav”) ...

Exhibit 99.1 ParaZero Announces 2024 Financial Results Tel Aviv, Israel, March 21, 2025 (GLOBE NEWSWIRE) -- 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, reported today its financial results for year ended December 31, 2024. Key Highlights of ParaZero's Achievements in 2024 & Recent Highlights: Expanded operations in the defense sector & Recent Highlights: Commercial d ...