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home / news releases / medigus says parazero signs new development agreemen

MDGS - Medigus says Parazero signs new development agreement with Latin American drone manufacturer Black Square

Medigus Ltd.

2023-08-21 08:26:24 ET

  • Medigus Ltd ( OTC:MDGC ) on Monday said ParaZero Technologies Ltd has announced its further expansion into the Latin American drone market with a new development agreement with Colombia-based drone OEM, Black Square.
  • Black Square's decision to integrate ParaZero's patented parachute technology underscores the importance of safety in advanced drone operations.
  • ParaZero, which is 33.36% owned by Medigus, focuses on drone safety systems for commercial drones and urban air mobility aircraft.
  • MDGS +5.12% premarket to $4.31
  • Source: Press Release

For further details see:

Medigus says Parazero signs new development agreement with Latin American drone manufacturer Black Square
Stock Information
Company Name: Medigus Ltd.
Stock Symbol: MDGS
Market: NASDAQ
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