financetom
Business
financetom
/
Business
/
ParaZero Receives Initial Order for Counter Drone Solution
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ParaZero Receives Initial Order for Counter Drone Solution
Sep 13, 2024 12:13 PM

11:03 AM EDT, 09/13/2024 (MT Newswires) -- ParaZero Technologies ( PRZO ) said Friday it received an initial order for its Counter Unmanned Aerial Systems solution from an undisclosed global defense client.

The C-UAS solution leverages ParaZero's ( PRZO ) proprietary technology to provide an advanced platform for countering threats from rogue or hostile drones, the company said.

Shares of ParaZero Technologies ( PRZO ) rose more than 1% in recent trading.

Price: 0.56, Change: +0.01, Percent Change: +1.12

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Samsung poised to win over $6 bln from US for expanded investment, Bloomberg News reports
Samsung poised to win over $6 bln from US for expanded investment, Bloomberg News reports
Mar 14, 2024
March 14 (Reuters) - The U.S. plans to award more than $6 billion to Samsung Electronics Co ( SSNLF ), helping the chipmaker expand beyond a project in Texas it has already announced, Bloomberg News reported on Thursday, citing people familiar with the matter. ...
PRESS DIGEST-British Business - March 15
PRESS DIGEST-British Business - March 15
Mar 14, 2024
March 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Britain's biggest pharmaceuticals company AstraZeneca ( AZN ) has struck a deal worth more than $1 billion to acquire a French rare diseases company Amolyt Pharma as...
Samsung poised to win over $6 billion from US for expanded investment, Bloomberg News reports
Samsung poised to win over $6 billion from US for expanded investment, Bloomberg News reports
Mar 14, 2024
(Reuters) - The U.S. plans to award more than $6 billion to Samsung Electronics Co ( SSNLF ), helping the chipmaker expand beyond a project in Texas it has already announced, Bloomberg News reported on Thursday, citing people familiar with the matter. Samsung declined to comment. The South Korean company, like other chipmakers, has been awaiting the grant from the...
US agency probes risks of foreign satellite use by handheld devices
US agency probes risks of foreign satellite use by handheld devices
Mar 14, 2024
WASHINGTON (Reuters) - The Federal Communications Commission said Thursday it is investigating if the use of Russian and Chinese foreign satellite systems by U.S. mobile phones and other devices poses security threats. The FCC has concerns U.S. handheld devices are receiving and processing Global Navigation Satellite System (GNSS) signals from satellites controlled by foreign adversaries in violation of commission rules....
Copyright 2023-2026 - www.financetom.com All Rights Reserved