ParaZero

Aerial Drone Parachutes and Safety Systems

Aerospace, Defense & HLS
Acquired by Xylo Technologies on Jan 2022
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Company Overview

Snapshot

Founded in June 2013 by Eden Attias and Amir Tsaliah, ParaZero operates with 11–50 employees. The company has raised a total of $29.2 million across 7 funding rounds. In January 2022, ParaZero was acquired by Xylo Technologies.

Business overview

ParaZero Drone Safety Solutions specializes in the design, development, and manufacture of safety solutions for commercial drones. The company's core product, SafeAir, is a safety box that independently monitors drone flight operations. In the event of a drone failure, SafeAir triggers a patented ballistic parachute for controlled descent, warns bystanders, and transmits information to the Unmanned Traffic Management (UTM) system. ParaZero's safety box is designed to meet International Aviation Reliability Standards, providing a complete safety solution for aerial and ground challenges. Its products are compatible with various unmanned aerial vehicles, serving global customers across the U.S., Japan, France, Israel, New Zealand, and China, primarily in the Aerospace, Defense & HLS sector.

Strategic signal

ParaZero continues to expand its market reach and product offerings, as evidenced by a significant purchase order for its DefendAir Systems from a leading Dutch defense distributor in November 2025. This indicates strong European market penetration and validation of its anti-drone capabilities, signaling robust growth in the defense and security sectors for its advanced safety technologies.

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Company Intelligence Q&A

What was a significant recent strategic development for ParaZero?
In November 2025, ParaZero strengthened its European anti-drone capabilities by securing a significant purchase order for its DefendAir Systems from a leading Dutch defense distributor.
When did ParaZero announce a private placement?
ParaZero Technologies Ltd. announced the closing of a $5.1 million private placement in October 2023.
What was a key leadership change at ParaZero?
In July 2025, ParaZero Technologies appointed Ariel Alon as its new CEO.
When did ParaZero achieve compliance with a new ASTM standard?
ParaZero's SafeAir system achieved compliance with a new ASTM standard in March 2019.
What was a notable acquisition involving ParaZero?
In January 2022, ParaZero was acquired by Xylo Technologies for an amount of 6 million Australian dollars in cash.
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