ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, announced today that it has received official approval from the Israeli Defense Export Controls Agency (DECA) under the Ministry of Defense (MOD) for the marketing of its cutting-edge Counter-Unmanned Aerial Systems (C-UAS) solution. This milestone marks a significant step in ParaZero’s efforts to expand its presence in the global defense and security markets.
The company’s counter-drone system, The DefendAir by ParaZero, leverages ParaZero’s proprietary technology to intercept unauthorized or hostile drones, providing a robust last-line of defense for critical infrastructure, sensitive military operations, and public safety. With DECA approval, ParaZero is now authorized to market and deploy this innovative solution to international customers, including governments, defense organizations and private enterprises.
The global C-UAS market is rapidly expanding, driven by the increasing use of drones in military, commercial, and recreational applications, which pose growing security challenges. According to MarketandMarkets, the global C-UAS market is projected to reach $7.05 billion by 2029. With this approval, ParaZero is well-positioned to address the demand for effective counter-drone technologies, offering solutions that ensure safety while minimizing operational disruption.
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Download free sample pages More informationBoaz Shetzer, CEO of ParaZero, commented: “Receiving the MOD approval is a key milestone for ParaZero, reflecting our efforts of meeting the highest regulatory and ethical standards in the defense sector. This approval enables us to offer critical protection against aerial threats to customers worldwide. We look forward to partnering with global organizations to help safeguard people, assets and airspaces from hostile threats.”
Yuval Gilad, Chief Product & Technology Officer adds: “Building on over 11 years of expertise in drone technologies and operations, we have rapidly developed an effective solution to address a wide range of relevant battlefield threats. We work closely with end-users to ensure our solutions are tailored to meet the precise needs of the field. Our roadmap includes plans to integrate additional advanced capabilities, enabling the system to tackle even more complex and challenging scenarios.”