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 January 8, 2026, titled “ParaZero DefendAir Proves 100% Effective in Live Field Demonstrations
Against FPV Kamikaze and DJI FlyCart Smuggling Drones.”
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 DefendAir
Proves 100% Effective in Live Field Demonstrations Against FPV Kamikaze and DJI FlyCart Smuggling Drones
Kfar Saba, Israel, Jan. 08, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company
pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, announces that its DefendAir
Counter-Unmanned Aerial System (C-UAS) has demonstrated 100% interception success in live field demonstrations against two of the most
challenging hostile drone types currently threatening military forces, critical infrastructure, and border security: FPV kamikaze attack
drones and DJI FlyCart heavy-lift smuggling drones.
Recent field demonstrations, conducted in
controlled real-world conditions, showcased DefendAir’s patented net-based, non-explosive interception technology neutralizing both
platforms with complete reliability. These results build on multiple prior field trials in which DefendAir achieved 100% interception
rates against fast-incoming multirotor threats.
FPV Kamikaze Drones - First-Person-View
(FPV) drones are low-cost, highly maneuverable platforms often modified for one-way attack missions. Equipped with explosives or used
as precision-guided munitions, they pose an immediate and lethal threat to ground forces, vehicles, and forward-operating bases. Their
small size, speed, and ability to evade traditional electronic warfare systems make them particularly difficult to counter in urban or
close-range battlefield environments. DefendAir’s rapid-deployment net-launching mechanism successfully intercepted and neutralized
incoming FPV attack drones in recent live demonstrations, providing a proven soft-kill solution for this escalating threat.
DJI FlyCart Heavy-Lift Smuggling Drones
- The DJI FlyCart 30 is a commercial heavy-lift drone capable of carrying payloads of up to 30 kg over significant distances. In recent
years, such platforms have been repurposed by criminal and terrorist networks for smuggling weapons, ammunition, explosives, and other
contraband across borders—particularly in regions with challenging terrain or fortified perimeters. A dedicated demonstration showed
DefendAir effectively intercepting a DJI FlyCart in flight, capturing the drone and its cargo intact without collateral damage. This capability
is especially valuable for protecting ports, border areas, and critical infrastructure from large-scale smuggling operations.
Ariel Alon, CEO of ParaZero Technologies,
said: “In an era where commercial drones are being weaponized or repurposed for illicit activities, security forces need reliable,
scalable, and safe solutions. DefendAir provides exactly that-proven effectiveness without the risks associated with explosive countermeasures.”
DefendAir is designed as a modular, multi-layered
system available in handheld, stationary turret, and drone-mounted configurations. It integrates seamlessly with existing detection, radar,
and command-and-control systems, serving as the critical terminal layer in a comprehensive C-UAS architecture. The system is suitable
for military bases, critical infrastructure sites, border protection, VIP security, and urban environments.
The recent results follow ParaZero’s
first purchase order from a major Israeli defense entity for DefendAir systems, as well as successful live demonstrations for senior NATO
officers from multiple Western European countries.
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.
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, 2025. 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