ParaZero
Aerial Drone Parachutes and Safety Systems
StartupParaZero is a Kiryat Ono-based startup in the Aerospace, Defense & HLS sector, established in 2013. Aerial Drone Parachutes and Safety Systems. The company has raised a total of $45M across 5 funding rounds, currently at the Public stage. ParaZero was founded by Eden Attias and Amir Tsaliah. The company has 11-50 employees. Core technologies: Machinery & Robotics, Drones.
With $45M in total funding, ParaZero is a Public-stage company operating in Aerospace, Defense & HLS. The company follows a B2B/B2G business model. Product stage: Released. The company holds 1 patent.
- StagePublic
- ProductReleased
- ModelB2B, B2G
- Employees11-50
- HQKiryat Ono
- DistrictCenter District
- Last Round$22M
Eden AttiasCo-founder (No longer with the company)
Amir TsaliahCo-founder (No longer with the company)
14 articles covered by sources including www.israeldefense.co.il,
www.globenewswire.com,
www.commercialdroneprofessional.com,
dronelife.com,
www.gpsworld.com.
What does ParaZero do?
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.
How much funding has ParaZero raised?
ParaZero has raised $45M in total funding across 5 rounds. The company is currently at the Public stage.
Who founded ParaZero?
ParaZero was founded in 2013 by Eden Attias (Co-founder (No longer with the company)), Amir Tsaliah (Co-founder (No longer with the company)).
What sector is ParaZero in?
ParaZero operates in Aerospace, Defense & HLS, Defense & HLS Solutions, Unmanned Systems, Automotive & Mobility Technologies, Urban Mobility, with core technologies in Machinery & Robotics, Drones. Target customers: Defense, Safety & Security, Security, Public Security, Real Estate & Construction, Construction, Industrial Manufacturing, Discrete Industries, Aerospace.
Where is ParaZero located?
ParaZero is based in Dov Hoz 30, Kiryat Ono, Israel, Center District.