ParaZero Unlocks Growth Opportunities After Achieving European Regulatory Compliance for its SafeAir Systems

Rhea-AI Summary

ParaZero Technologies (Nasdaq: PRZO) has achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems, marking a significant advancement in drone safety. The company's system, recently integrated with DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E, has successfully obtained CE Class C5 compliance.

The certification enables drone operators to conduct missions in urban environments under the Standard Scenario STS-01, which permits flights in densely populated areas with controlled ground spaces. ParaZero's SafeAir system autonomously detects critical failures and deploys a parachute for safe drone landing, reducing risks to people and property.

This compliance simplifies the regulatory pathway through the Specific Operations Risk Assessment (SORA) process, reducing documentation requirements and accelerating deployment timelines for commercial and defense drone missions.

Positive

• Achieved EASA regulatory compliance for SafeAir systems
• Successfully integrated with three major DJI drone models
• Obtained CE Class C5 certification enabling urban area operations
• Simplified regulatory pathway reduces approval process time

Negative

• None.

TEL AVIV, Israel, Feb. 20, 2025 (GLOBE NEWSWIRE) -- 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, recently announced that it has successfully achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems. This milestone marks a step forward for the company, solidifying its position as a trusted provider of safety solutions in the rapidly expanding drone market.

ParaZero secured EASA compliance for its SafeAir systems. The Company announced last week that its system is integrated with the DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E, and has successfully achieved CE Class C5 compliance. This achievement marks a significant advancement in drone safety and regulatory readiness, particularly within the European market.

The CE Class C5 certification is crucial for compliance with the European Union Aviation Safety Agency (EASA) regulations, especially for operators navigating the complex Specific Operations Risk Assessment (SORA) process. By meeting these stringent requirements, ParaZero’s SafeAir systems simplify the regulatory pathway for drone operators, enabling them to conduct missions in an urban environment, with greater confidence, efficiency, and safety.

Achieving CE Class C5 compliance ensures that drone operators can now perform operations under the popular Standard Scenario STS-01, which permits drone flights in densely populated urban areas with controlled ground spaces. This reduces the need for extensive documentation and lengthy approval processes, significantly accelerating deployment timelines for commercial and defense drone missions.

ParaZero’s SafeAir system is designed to autonomously detect critical failures and deploy a parachute to safely land the drone, minimizing the risk to people and property on the ground. This advanced technology has been integrated into leading drone platforms, providing an added layer of safety for both commercial and defense applications.

With the CE Class C5 certification in place, ParaZero is well-positioned to support drone operators across Europe in meeting regulatory requirements, unlocking new business opportunities in industries such as logistics, infrastructure inspection, emergency response, and defense.

About ParaZero Technologies

ParaZero (Nasdaq: PRZO) is an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility 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 over populated areas and beyond-visual-line-of-sight (BVLOS) as well as for various military applications including Counter UAS. For more information about ParaZero, please visit https://parazero.com/

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. 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 Annual Report on Form 20-F filed with the SEC on March 21, 2024. 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 content of third-party websites.

Investor Relations Contact:

Michal Efraty
Investor Relations
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

FAQ

What regulatory compliance did ParaZero (PRZO) achieve in February 2024?

ParaZero achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems and obtained CE Class C5 certification.

Which DJI drone models are compatible with ParaZero's SafeAir system?

ParaZero's SafeAir system is integrated with the DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E models.

What does the CE Class C5 certification allow ParaZero (PRZO) customers to do?

The certification allows drone operators to conduct missions in densely populated urban areas under Standard Scenario STS-01, with simplified documentation and faster approval processes.

How does ParaZero's SafeAir system enhance drone safety?

The SafeAir system autonomously detects critical failures and deploys a parachute to safely land the drone, minimizing risk to people and property on the ground.

What market opportunities does the EASA compliance unlock for ParaZero (PRZO)?

The compliance opens opportunities in logistics, infrastructure inspection, emergency response, and defense sectors across the European market.