ParaZero to Showcase its Leading Safety Systems for Commercial Drones at the Commercial UAV Expo in Las Vegas
05 September 2023 - 10:30PM
ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an
aerospace company focused on drone safety systems for commercial
drones and urban air mobility aircraft, announces its participation
in the upcoming Commercial UAV Expo in Las Vegas, Nevada, on
September 5-7, 2023. The Company to showcase its autonomous safety
systems for commercial drone and urban air mobility (UAM) aircraft.
The Commercial UAV Expo is an important international trade show
and conference highlighting leading unmanned aircraft systems (UAS)
trends and technology, focusing on the evolving global interest and
demand for integrated drone technology solutions for a wide range
of commercial and other applications.
As the use of drones becomes increasingly prevalent across
various global sectors, the need for advanced safety measures has
surged. The Commercial UAV Expo serves as the perfect venue to
showcase, discuss, and demonstrate the cutting-edge safety
technologies developed by ParaZero. These pioneering autonomous
safety solutions are now essential components in many commercial
drone activities, especially in situations involving crowded areas
or operations that go beyond the drone operator's line of sight
(BVLOS).
With the help of ParaZero's safety technology, a multitude of
organizations and drone pilots around the world have gained the
regulatory green light for more complex operations. This
encompasses not only BVLOS missions but also flights over people
(OOP), operations in high-density urban areas, and drone-based
delivery services. These milestones highlight the crucial role that
reliable, quick-response safety systems play in ensuring both the
drone's security and that of the environment it operates in.
Contact us for additional information and schedule meetings
during UAV Expo at: contact@parazero.com
About ParaZero Technologies ParaZero
( https://parazero.com/ ) is a world-leading developer of
autonomous parachute safety systems for commercial drone and urban
air mobility (UAM) aircraft. Started in 2014 by a passionate group
of aviation professionals and drone industry veterans, ParaZero
designs smart, autonomous parachute safety systems designed to
enable safe flight operations overpopulated areas and
beyond-visual-line-of-sight (BVLOS).
Forward-Looking Statements This press release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act and other securities laws.
Words such as “expects,” “anticipates,” “intends,” “plans,”
“believes,” “seeks,” “estimates” and similar expressions or
variations of such words are intended to identify forward-looking
statements. For example, the Company is using forward-looking
statements when it discusses the use of drones becoming
increasingly prevalent across various global sectors, the surge in
the need for advanced safety measures and autonomous safety
solutions being essential components in many commercial drone
activities. Forward-looking statements are not historical facts,
and are based upon management’s current expectations, beliefs and
projections, many of which, by their nature, are inherently
uncertain. Such expectations, beliefs and projections are expressed
in good faith. However, there can be no assurance that management’s
expectations, beliefs and projections will be achieved, and actual
results may differ materially from what is expressed in or
indicated by the forward-looking statements. Forward-looking
statements are subject to risks and uncertainties that could cause
actual performance or results to differ materially from those
expressed in the forward-looking statements. For a more detailed
description of the risks and uncertainties affecting the Company,
reference is made to the Company’s reports filed from time to time
with the Securities and Exchange Commission (“SEC”), including, but
not limited to, the risks detailed in the Company’s final
prospectus (Registration No. 333-265178) dated July 26, 2023.
Forward-looking statements speak only as of the date the statements
are made. The Company assumes no obligation to update
forward-looking statements to reflect actual results, subsequent
events or circumstances, changes in assumptions or changes in other
factors affecting forward-looking information except to the extent
required by applicable securities laws. If the Company does update
one or more forward-looking statements, no inference should be
drawn that the Company will make additional updates with respect
thereto or with respect to other forward-looking statements.
References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. ParaZero is not
responsible for the contents of third-party websites.
Investor Relations Contact:
Michal Efraty Investor Relations, Israel +972-(0)52-3044404
michal@efraty.com
ParaZero Technologies Ltd. | 30 Dov Hoz, Kiryat
Ono, Israel 5555626 P: +972-36885252 | E: contact@parazero.com | F:
+972-3-688-5246
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