Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Attached hereto and incorporated herein is the Registrant’s
press release issued on May 21, 2026, titled “ParaZero Conducts First U.S. Live Demonstration of DefendAir Net Launcher Following
the Company’s SOF Week Exhibition 2026.”
The first four paragraphs of the press release attached
to this Form 6-K as Exhibit 99.1 are incorporated by reference into the Registrant’s Registration Statements on Form S-8 (File
No. 333-278268 and 333-285054)
and Form F-3 (File Nos. 333-281443 and 333-275351),
filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent
not superseded by documents or reports subsequently filed or furnished.
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1

ParaZero Conducts First U.S. Live Demonstration
of DefendAir Net Launcher Following the Company’s SOF Week Exhibition 2026
Live DefendAir’s demonstration in Tampa,
Florida showcased ability to intercept fast incoming FPV drones, achieving a 100% success rate at multiple scenarios
Kfar Saba, Israel, May 21, 2026 (GLOBE NEWSWIRE)
-- ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero” or the “Company”), an aerospace defense company
pioneering smart, autonomous solutions for the global manned and unmanned aerial systems industry, today announced that it conducted
its first live demonstration in the United States of the Company’s DefendAir net launcher system, following its participation at
SOF Week 2026 in Tampa, Florida.
The demonstration was held for a select group of hand-picked defense
and security stakeholders, including Tier-1 international and U.S.-based defense integrators, European special forces and law enforcement
representatives, and U.S.-based distributors.
During the two-hour demonstration, ParaZero’s DefendAir system
successfully intercepted multiple fast incoming FPV drone threats, achieving a 100% success rate throughout the demonstration. The event
was designed to provide participants with a direct introduction to DefendAir’s operational capabilities and to support discussions
regarding potential future procurement, integration, and deployment of DefendAir portable platforms and advanced autonomous applications.
DefendAir is ParaZero’s non-explosive, net-based counter-UAS
interception solution, designed to provide defense, and security forces with a practical physical interception layer against hostile drones.
The system utilizes a patent non-explosive mechanism to deploy a net that neutralize hostile drones and is intended for use across multiple
configurations, including portable, vehicle-mounted, stationary, and autonomous drone-mounted applications.
“This first live demonstration of DefendAir in the United States
marks an important milestone for ParaZero,” said Ariel Alon, CEO of ParaZero. “The level of interest we received from defense
integrators, distributors, and operational users reflects the growing need for practical counter-drone interception solutions. This was
our first U.S. live demonstration, and we view it as an important step in introducing DefendAir to key stakeholders in the U.S. and international
defense markets.”
About ParaZero Technologies
ParaZero Technologies Ltd. (Nasdaq: PRZO)
is an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry.
Founded in 2014 by aviation professionals and drone industry veterans, ParaZero is a recognized leader in advanced drone technologies,
supporting commercial, industrial, and governmental operations worldwide. The company’s product portfolio includes SafeAir,
an autonomous parachute recovery system designed for aerial safety and regulatory compliance; DefendAir, a counter-UAS net-launching
platform for protection against hostile drones in both battlefield and urban environments; and DropAir, a precision aerial delivery
system. ParaZero’s mission is to redefine the boundaries of aerial operations with intelligent, mission-ready systems that enhance
safety, scalability, and security. For more information, visit https://parazero.com.
info@parazero.com
| www.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. Forward-looking statements contained in
this press release include, but are not limited to, statements regarding ParaZero’s strategic and business plans, technology, relationships,
objectives and expectations for its business, growth, the impact of trends on and interest in its business, intellectual property, products
and its future results, operations and financial performance and condition and may be identified by the use of words such as “may,”
“seek,” “will,” “consider,” “likely,” “assume,” “estimate,” “expect,”
“anticipate,” “intend,” “believe,” “do not believe,” “aim,” “predict,”
“plan,” “project,” “continue,” “potential,” “guidance,” “objective,”
“outlook,” “trends,” “future,” “could,” “would,” “should,” “target,”
“on track” or their negatives or variations, and similar terminology and words of similar import, generally involve future
or forward-looking statements. The Company is using forward-looking statements in this press release when it discusses potential
future procurement, integration, and deployment of DefendAir portable platforms and advanced autonomous applications, the growing need
for practical counter-drone interception solutions and in introducing DefendAir to key stakeholders in the U.S. and international defense
markets. 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 26, 2026. 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
Adi and Michal PR-IR
michal@efraty.com
info@parazero.com
| www.parazero.com