ParaZero Overview
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.
Cumulative Funding Raised Over Time ($)
$3.1MFeb 2025
$8.2MOct 2023
Latest News
ParaZero Technologies Appoints Ariel Alon as CEO
growth-positive
ParaZero Technologies Ltd. Announces $3.1 Million Registered Direct Offering
ParaZero Technologies Ltd., an aerospace company specializing in safety systems for unmanned aircraft, announced a registered direct offering with institutional investors, raising approximately $3.1 million. The offering involves the sale of ordinary shares and pre-funded warrants at $1.10 per share. The proceeds will be used for general corporate purposes and working capital. Aegis Capital Corp. is the exclusive placement agent, and the transaction is expected to close around February 13, 2025. The offering is made under an effective shelf registration statement filed with the SEC. ParaZero is known for developing autonomous parachute safety systems for commercial and military applications.
PIPE/PO
Growth-Positive
ParaZero Technologies Ltd. Announces Closing of $5.1 Million Private Placement
ParaZero Technologies Ltd., an aerospace company that designs safety systems for commercial drones, has closed a securities purchase agreement, raising $5.1 million in gross proceeds. The company issued over 4.6 million units and pre-funded units, with each unit consisting of one ordinary share and one common warrant exercisable for one ordinary share at an exercise price of $1.10 per ordinary share. Aegis Capital Corp. acted as the Exclusive Placement Agent for the Offering. The securities were sold in a private placement exempt from the registration requirements of the Securities Act of 1933.
Investment
growth-positive
DELTA DRONE INTERNATIONAL SELLS PARAZERO IL FOR AN AMOUNT OF 6 MILLION AUSTRALIAN DOLLARS IN CASH
Delta Drone International has sold ParaZero, an Israeli company, to a consortium of investors for A$6 million. The sale will allow Delta Drone International to focus its development on service activities dedicated to the mining sector in the southern hemisphere, mainly in South Africa and Australia. The proceeds from the sale will significantly strengthen Delta Drone Internationals equity and cash position, positioning it as a leading player in the sector. The sale also reduces the need for R&D financing as ParaZeros activity is highly capital-intensive.
AcquisitionInvestment
ParaZero's South African merger 'to facilitate aggressive growth'
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | $45M |
| Last funding | $22M |
| Stage | Public |
| Rounds | 5 |
| Investors | 0 |
Team Members
7
Employees: 11-50
Web & Social Links
| Website | parazero.com |
| Careers | Careers page |
Locations
Dov Hoz 30, Kiryat Ono, Israel
Photos & Videos
2 item(s)
ParaZero Business
Business models
B2B, B2G
Product stage
Released
Employees
11-50
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsUnmanned SystemsAutomotive & Mobility TechnologiesUrban MobilityTarget Customer
Defense, Safety & SecuritySecurityPublic SecurityReal Estate & ConstructionConstructionIndustrial ManufacturingDiscrete IndustriesAerospaceCore Technology
Machinery & RoboticsDronesTags (15)
medical-productsaircraftsunmanned-aerial-vehicleaviationdronespoliceconstructiondeliverysecurityfirefightinginspection-and-testingaerospacesafetyunmanned-aerial-systemssmart-mobilitySolutions
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{"title":"Government","description":"ParaZero provides drone safety systems, primarily parachute recovery systems, designed to mitigate risks associated with drone failures, protect people and property, and ensure compliance for government drone operations.","items":[{"name":"Revenue Growth","value":1,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Transportation & Logistics","description":"ParaZero provides a comprehensive drone safety system, including a smart parachute, flight termination system, and black box, to enable safe and compliant autonomous and Beyond Visual Line of Sight (BVLOS) drone operations over populated areas.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Telecom","description":"ParaZero develops smart parachute systems for commercial drones, significantly enhancing safety and enabling wider, more reliable adoption of drone technology for tasks such as telecom infrastructure inspection and maintenance.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":3,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
Building materials & Construction VerticalGovernment VerticalTransportation & Logistics VerticalTelecom VerticalGeographic Markets
GlobalParaZero Financials
$45M
Total funding
Undisclosed
Capital raised
$22M
Last funding
Public
Funding stage
5
Total rounds
0
Investors
Cumulative Funding Raised Over Time ($)
$3.1MFeb 2025
$8.2MOct 2023
Private Equity Funding
PIPE
Feb 2025
$3.1M
PIPE
Oct 2023
$5.1M
Public Offering / Exit
POEvent
Aug 2025
Undisclosed
POEvent
Jul 2023
Undisclosed
MNAEvent
Jan 2022
$4.32M
POEvent
Jun 2018
Undisclosed
Mergers & Acquisitions
MNAEvent
Dec 2020
Undisclosed
ParaZero Lifecycle
Cumulative Funding Raised Over Time
$3.1MFeb 2025
$8.2MOct 2023
All Events
PIPE
Feb 2025
$3.1M
PIPE
Oct 2023
$5.1M
POEvent
Aug 2025
Undisclosed
POEvent
Jul 2023
Undisclosed
MNAEvent
Jan 2022
$4.32M
POEvent
Jun 2018
Undisclosed
MNAEvent
Dec 2020
Undisclosed
ParaZero News
14 articlesParaZero Technologies Appoints Ariel Alon as CEO
growth-positive
ParaZero Technologies Ltd. Announces $3.1 Million Registered Direct Offering
ParaZero Technologies Ltd., an aerospace company specializing in safety systems for unmanned aircraft, announced a registered direct offering with institutional investors, raising approximately $3.1 million. The offering involves the sale of ordinary shares and pre-funded warrants at $1.10 per share. The proceeds will be used for general corporate purposes and working capital. Aegis Capital Corp. is the exclusive placement agent, and the transaction is expected to close around February 13, 2025. The offering is made under an effective shelf registration statement filed with the SEC. ParaZero is known for developing autonomous parachute safety systems for commercial and military applications.
PIPE/PO
Growth-Positive
ParaZero Technologies Ltd. Announces Closing of $5.1 Million Private Placement
ParaZero Technologies Ltd., an aerospace company that designs safety systems for commercial drones, has closed a securities purchase agreement, raising $5.1 million in gross proceeds. The company issued over 4.6 million units and pre-funded units, with each unit consisting of one ordinary share and one common warrant exercisable for one ordinary share at an exercise price of $1.10 per ordinary share. Aegis Capital Corp. acted as the Exclusive Placement Agent for the Offering. The securities were sold in a private placement exempt from the registration requirements of the Securities Act of 1933.
Investment
growth-positive
DELTA DRONE INTERNATIONAL SELLS PARAZERO IL FOR AN AMOUNT OF 6 MILLION AUSTRALIAN DOLLARS IN CASH
Delta Drone International has sold ParaZero, an Israeli company, to a consortium of investors for A$6 million. The sale will allow Delta Drone International to focus its development on service activities dedicated to the mining sector in the southern hemisphere, mainly in South Africa and Australia. The proceeds from the sale will significantly strengthen Delta Drone Internationals equity and cash position, positioning it as a leading player in the sector. The sale also reduces the need for R&D financing as ParaZeros activity is highly capital-intensive.
AcquisitionInvestment
ParaZero's South African merger 'to facilitate aggressive growth'
growth-positive
ParaZero's SafeAir Opens Up Flight Over People in Canada - DRONELIFE
Drone safety solutions company ParaZero has announced compliance with Transport Canada requirements for flight over people. This compliance is significant for the drone industry as it creates a clear path for drone companies to get new waivers or fly new applications. ParaZeros clients have already received their 6th waiver for flight over people in the U.S. The companys ASTM compliant SafeAir Systems for the DJI Phantom 4 Series and DJI Mavic 2 Series comply with the latest Transport Canada regulations for operations over people, allowing licensed operators to operate over people immediately.
CustomersExpand
growth-positive
Winners announced for AUVSI XCELLENCE Awards - GPS World
The article highlights the winners of the second annual XCELLENCE Awards by the Association for Unmanned Vehicles Systems International (AUVSI), recognizing achievements in the unmanned systems field. The awards ceremony took place at AUVSI Xponential 2019 in Chicago. Companies, organizations, and individuals were honored for their contributions to advancing technology, promoting safe operations, and developing programs using unmanned systems. WhiteFox Defense Technologies, Inc. won first place in the UAS Mitigation & Security category for their DroneFox Mobile and in the XCELLENCE in Innovation category for their WISDM product. The awards underscore the rapid growth and innovation within the unmanned systems industry.
growth-positive
ParaZero SafeAir parachute system tested on DJI Phantom
The Federal Aviation Administration (FAA) is considering loosening regulations for flying drones over people, leading to increased interest in drone parachutes. ParaZeros SafeAir parachute system has been tested by drone pilots Billy Kyle and Ready Set Drone. The system, which is designed to prevent injuries from drones falling from the sky, performed well in tests, although it did not prevent all damage to the drones. The SafeAir system is now available for $299, reduced from $399.
Customers
growth-positive
ParaZero SafeAir achieves compliance with new ASTM standard - sUAS News - The Business of Drones
Drone safety systems company, ParaZero, has achieved ASTM compliance for its SafeAir Phantom System, a smart parachute system for drones. This compliance is expected to enable operational waivers for drone flights over people for commercial UAS operators. The system monitors UAS flight in real time, identifies critical failures and autonomously triggers a parachute, a flight termination system and an audio-warning buzzer. The FAA has already indicated that parachute systems that comply with F3322-18 can be used as risk mitigation as part of waiver applications.
CustomersExpand
growth-positive
ParaZero expands footprint in Europe with new Hungarian distributor - sUAS News - The Business of Drones
Drone safety systems company ParaZero Limited has signed a distribution agreement with HRP Group in Hungary, the largest DJI distributor in the country. The agreement includes an initial order of a few dozen units for multiple products from ParaZero’s portfolio compatible to DJI drones. ParaZero’s parachute safety systems allow for widespread use of drone technologies, enabling flight over unprotected people and in urban environments. The agreement with HRP follows partnerships with drone and accessories distributors in Sweden, Norway and the United States last year.
PartnersExpand
growth-positive
ParaZero Welcomes New ASTM sUAS Parachute Standard - sUAS News - The Business of Drones
ParaZero Israel Ltd, a drone safety systems company, has welcomed the publication of the new standard for small Unmanned Aerial Systems (sUAS) parachutes. The new ASTM standard, F3322, outlines the requirements for the design, manufacturing and testing of sUAS parachute systems. ParaZero was part of the standard development working group, which also included the Federal Aviation Authority (FAA), MITRE and other industry players. The standard is expected to help Civil Aviation Authorities (CAA) determine the safety of a parachute system for flights over people.
CustomersPartners
growth-positive
Two Israeli cos set for Australian IPOs
Israeli companies Nicevend and Shekel Brainweigh are planning to list on the Australian Securities Exchange. Nicevend, which entered the US market in 2015, has developed a vending machine for slush-type beverages, including protein and fruit-based drinks. The company is seeking to raise AUD7.5m ($5.4m) in Australia. Shekel Brainweigh, which develops special scales for many industrial sectors, plans to raise AUD10.5m at a company value of NIS150m ($41m).
Public TradingInvestment
growth-positive
Drone safety bound ParaZero will complete its ASX listing this week
Drone safety company ParaZero has completed its public listing and is expected to begin trading on 22 June. The company, which was founded in 2014, has developed a product that offers drone security and mitigation. The listing comes as reported drone incidents are reaching around 260 per day in the US alone. The Israeli company raised AUD5m ($3.7m) in an initial public offering by issuing 25 million shares at AUD0.20 per share. ParaZero plans to spend around AUD1.7m of the cash raised on research and development projects and around AUD1.4m on sales and marketing.
Public TradingInvestment
growth-positive
Blue Skies Drone Rental and ParaZero Announce Strategic Partnership
Blue Skies Drone Rental LLC (BSDR) has announced a strategic partnership with Israeli company ParaZero to provide parachute safety systems for popular drone models. BSDR will provide sales of ready to fly (RTF) kits with the DJI M600pro and other popular models, including support and training on the safety systems. The SafeAir parachute safety systems will be of high interest to those who operate drones in the vicinity of people or who mount expensive payloads to their UAVs.
Partners
ParaZero Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 31 |
| Team members | 7 |
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ParaZero Internal
Recent Updates
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 514932821 |
| Crunchbase | parazero |
| Phone | +97236885252 |
| Last updater | Ayelet Levi Shinebox |
| Updater email | ayeletlevis@sncentral.org |
| Last update | 2023-12-13T00:00:00.000Z |
| Created | 2015-08-26T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by Xylo Technologies on Jan, 2022 |