About
ParaZero Drone Safety Solutions specializes in the design, development, and manufacture of safety solutions for commercial drones. The companys SafeAir is a safety box that independently monitors the flight operation of the drone. In the case of drone failure, SafeAir triggers a patented ballistic parachute to provide a controlled rate of descent, warn bystanders below, and transmit information to the Unmanned Traffic Management (UTM) system developed by NASA. ParaZeros safety box is designed to meet International Aviation Reliability Standards, delivering smart technology and a complete safety solution for aerial and ground challenges. The patented technology has created a new benchmark in low-altitude parachute deployments, combining effective parachute deployment with minimal altitude loss. ParaZeros products can be used in virtually any type of unmanned aerial vehicle. The company has supplied more than 1,000 systems to date, for drones ranging from 2kg to 350kg, to global customers across the U.S., Japan, France, Israel, New Zealand, and China.
Funding history · 4 rounds · $29.2M total
Company Intelligence Q&A
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- When was ParaZero acquired and by whom?
- ParaZero was acquired by Xylo Technologies in January 2022.
- What is ParaZero's primary business focus?
- ParaZero specializes in the design, development, and manufacture of safety solutions for commercial drones, including patented ballistic parachutes.
- What was the amount of ParaZero's registered direct offering in February 2025?
- In February 2025, ParaZero Technologies Ltd. announced a $3.1 million registered direct offering.
- What was the value of the private placement closed by ParaZero in October 2023?
- In October 2023, ParaZero Technologies Ltd. closed a $5.1 million private placement.
- When did ParaZero complete its ASX listing?
- ParaZero completed its ASX listing in June 2018.
- What significant purchase order did ParaZero receive in November 2025?
- In November 2025, ParaZero received a significant purchase order for DefendAir Systems from a leading Dutch defense distributor, strengthening its European anti-drone capabilities.
- Who was appointed as CEO of ParaZero Technologies in July 2025?
- Ariel Alon was appointed as CEO of ParaZero Technologies in July 2025.
- What was the sale amount of ParaZero IL in January 2022?
- In January 2022, Delta Drone International sold ParaZero IL for 6 million Australian dollars in cash.
- When did ParaZero's SafeAir system achieve compliance with a new ASTM standard?
- ParaZero's SafeAir system achieved compliance with a new ASTM standard in March 2019.