stars 1 stars 2 stars 3

ParaZero (Nasdaq: PRZO) specializes in the design and manufacturing of autonomous safety technology for commercial UAS and urban air mobility (UAM) platforms. The company's unique, patented technology, enables autonomous parachute deployment using customized deployment actuators that actively deploy the parachute to its full formation in fractions of a second. The patented SafeAir technology created a new benchmark in low altitude parachute deployments with effective kinetic energy reduction with minimal altitude loss. ParaZero’s SafeAir™ system independently monitors the flight operation of the drone with the SmartAir™ control system, which in case of drone failure in flight, triggers a patented ballistic parachute to provide a controlled descent rate, warns bystanders and transmits the issue to the UTM (Unmanned Traffic Management) under development by NASA and the FAA. The SmartAir™ system records flight data for statistical analysis and black box reporting. With millions of commercial drones predicted, civil aviation authorities such as FAA and EASA, will require risk mitigation systems for commercial drones to achieve the needed ‘fully autonomous’ capability with multiple drones operating in the same area and over populous areas - enter ParaZero’s SafeAir™ system. This virtual safety net is designed to meet international aviation reliability standards, while addressing growing market needs, bringing smart technology and providing a complete safety solution for a myriad of aerial platforms. ParaZero has supplied a myriad of systems for aerial platforms ranging from 1kg to 650kg, manned and unmanned, for customers throughout the world.

View Top Employees from ParaZero Drone Safety Systems
Website https://www.parazero.com
Ticker ASX:PRZ
Revenue $662000
Employees 18 (10 on RocketReach)
Founded 2014
Address 30 Dov Hoz, Kiryat Ono, Tel Aviv 5555626, IL
Phone +972 3-688-5252
Fax +972 3-688-5246
Technologies
Industry Aviation and Aerospace Component Manufacturing, Aerospace & Defense, Aerospace, Parachute, Manufacturing, Science and Engineering, Drone, Drone Management, ITS-independent triggering system, Hardware, UAV, Software, Safety system, Drones, Multirotor, Consumer Electronics, Payload Air bags, Consumer Goods, Balistic parachute, Black Box, Virtual fence
Web Rank 1 Million
Keywords Drone Parachute, Dji Phantom Parachute, Parazero, Parazero Smart Autonomous Drone Recovery System, Parazero Safeair
SIC SIC Code 37 Companies, SIC Code 372 Companies
NAICS NAICS Code 3364 Companies, NAICS Code 33 Companies, NAICS Code 336 Companies, NAICS Code 336411 Companies, NAICS Code 33641 Companies

ParaZero Drone Safety Systems Questions

The ParaZero Drone Safety Systems annual revenue was $662000 in 2024.

Boaz Shetzer is the CEO of ParaZero Drone Safety Systems.

10 people are employed at ParaZero Drone Safety Systems.

ParaZero Drone Safety Systems is based in Kiryat Ono, Tel Aviv.

The NAICS codes for ParaZero Drone Safety Systems are [3364, 33, 336, 336411, 33641].

The SIC codes for ParaZero Drone Safety Systems are [37, 372].

How It Works
Get a Free Account
Sign up for a free account. No credit card required. Up to 5 free lookups / month.
Search
Search over 700 million verified professionals across 35 million companies.
Get Contact Info
Get contact details including emails and phone numbers (business & personal).
High Performer Summer 2022 RocketReach is a leader in Lead Intelligence on G2 RocketReach is a leader in Lead Intelligence on G2 RocketReach is a leader in Lead Intelligence on G2
talentculture2022
g2crowd
G2Crowd Trusted
chromestore
300K+ Plugin Users