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PR
ParaZero Technologies Ltd. Ordinary Shares
PRZO
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PR
PRZO
PR
ParaZero Technologies Ltd. Ordinary Shares
PRZO
News
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ParaZero Receives First DefendAir Order from U.S. Federal Agency, Marking Entry into the U.S. Counter-UAS Market
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$15.3M
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ParaZero Receives First DefendAir Order from U.S. Federal Agency, Marking Entry into the U.S. Counter-UAS Market
ParaZero Technologies has received its first DefendAir order from a U.S. federal security entity, marking the company's entry into the U.S. Counter-UAS market. The order includes net launchers, Net Pods, and on-site operator training. This milestone reflects growing international demand for practical drone defense capabilities as governments recognize the expanding threat from small drones.
GlobeNewswire Inc. · Aug 25, 2026
ParaZero and Axon Vision Introduce New ForceField Counter-UAS Configuration with DefendAir Net-Based Interception
ParaZero Technologies and Axon Vision announced an integrated Counter-UAS solution combining ParaZero's DefendAir Net Pod with Axon Vision's ForceField Edge AI defense system. The configuration provides non-explosive, net-based physical interception for critical infrastructure and sensitive sites. The companies successfully demonstrated the integrated system and signed a non-binding MOU for continued development and commercialization.
GlobeNewswire Inc. · Jul 27, 2026
Third Business Unit of Tier-1 Israeli-Based Global Defense Company Places DefendAir Net Pod Order with ParaZero
ParaZero Technologies received a new order for its DefendAir Net Pod system from a third business unit within a Tier-1 Israeli-based global defense company. The order includes DefendAir Net Pods and dedicated engineering support for integration into an autonomous Counter-UAS system, demonstrating expanding adoption of ParaZero's net-based drone defense technology across multiple business units within the same organization.
GlobeNewswire Inc. · Jul 24, 2026
ParaZero Accelerates Active Counter-FPV Protection for Vehicles and High-Value Assets Amid Escalating Battlefield Threats
ParaZero Technologies announced advancements in its DefendAir platform, an active protection system designed to defend vehicles and high-value assets against FPV attack drones. The company is accelerating development through partnerships with Tier-1 defense innovators and has secured significant purchase orders, including over $1 million from a U.S.-based customer and additional orders from an Israeli defense company.
GlobeNewswire Inc. · Jul 10, 2026
Autonomous Warfare Takes Flight: Military Drone Market Set for Explosive Growth Through 2030
The global military drone market is experiencing rapid expansion, projected to reach $22.81 billion by 2030 from $15.8 billion in 2025. The counter-drone market is expected to grow at 26.5% CAGR to $14.51 billion by 2030. Multiple defense companies are advancing autonomous drone technologies and counter-UAS solutions, including interceptor systems designed to address asymmetric warfare challenges at significantly lower costs than traditional air defense systems.
Benzinga · Mar 19, 2026
ParaZero's Counter-Drone Tech Wins New Israeli Defense Order
ParaZero Technologies (NASDAQ: PRZO) shares rose 9.05% to $1.26 on Friday following announcement of a new purchase order from an Israeli defense entity for its DefendAir counter-drone system. The order includes an evaluation kit for the counter-UAS solution, signaling growing confidence in the company's proprietary non-explosive net-launcher technology designed to intercept hostile drones.
Benzinga · Mar 13, 2026
Global Defense Budgets Surge as Nations Fast-Track AI and Counter-Drone Systems
Global defense spending is accelerating with India increasing its defense budget by 15% to $87 billion and the EU mobilizing $178 billion through its SAFE initiative. Multiple defense technology companies are securing major contracts for counter-drone systems, space-based intelligence, and AI-driven military platforms, with strong international demand driving significant backlog growth.
Benzinga · Feb 24, 2026
U.S. Drone as a Service (Daas) Market Is Poised for Strong Growth In 2026 as Technology Vastly Improves
The U.S. Drone-as-a-Service market is projected to grow from $6.3 billion in 2024 to $8.2 billion in 2026, driven by AI, automation, and demand from agriculture, construction, and logistics sectors. The global drone services market is expected to reach $64.96 billion by 2029 and $225.09 billion by 2034. Key growth drivers include precision agriculture, cross-border security, government support, and entertainment industry demand. North America leads with 39.65% market share, while Asia Pacific and South America are fastest-growing regions.
Benzinga · Jan 8, 2026
Drone-as-a-Service Market Estimated to Reach $27 Billion By 2033 as Drone Manufacturers Ramp up Production Efforts
The global Drone-as-a-Service (DaaS) market is projected to grow from $6.3 billion in 2024 to $27.3 billion by 2033, with a CAGR of 18.1%. DaaS offers scalable aerial drone services across industries like construction, real estate, and public safety, enabling businesses to access advanced drone solutions without technical expertise.
Benzinga · Oct 2, 2025
Global Production Quickly Ramping Up for Drone Industry Specific to Defense and Military Operations
The military drone market is experiencing significant growth, with global market value expected to reach $51.56 billion by 2032. Companies are expanding production capabilities and developing advanced drone technologies for defense and military applications.
Benzinga · Aug 28, 2025
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