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**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Parazero Technologies Ltd is an Israel-based aerospace company that is primarily focused on drone safety systems and engaged in the business of designing, developing, and providing autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems (UAS). The Company's patented technology SafeAir is designed to protect hardware, people, and payload in the event of an in-flight failure. Company'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 Company has forged partnerships all around the world, including India, South Korea, the United States, Latin America, and Europe.
| Last: | $1.26 |
|---|---|
| Change Percent: | 8.62% |
| Open: | $1.285 |
| Close: | $1.16 |
| High: | $1.3 |
| Low: | $1.18 |
| Volume: | 14,164,186 |
| Last Trade Date Time: | 03/13/2026 12:45:43 pm |
| Market Cap: | $22,021,338 |
|---|---|
| Float: | 14,641,960 |
| Insiders Ownership: | N/A |
| Institutions: | 6 |
| Short Percent: | N/A |
| Industry: | Aerospace & Defense |
| Sector: | Industrials |
| Website: | https://www.parazero.com |
| Country: | US |
| City: | Kfar Saba |
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**MWN-AI FAQ is based on asking OpenAI questions about ParaZero Technologies Ltd. (NASDAQ: PRZO).
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