ParaZero
Aerial Drone Parachutes and Safety Systems
Company Overview
Snapshot
Founded in June 2013 by Eden Attias and Amir Tsaliah, ParaZero operates with 11–50 employees. The company has raised $29.2M across 7 funding rounds and was acquired by Xylo Technologies in January 2022.
Business overview
ParaZero develops drone safety systems designed to protect people, property, and unmanned aircraft from flight failures. Its core technology, the SafeAir system, independently monitors drone flight and automatically deploys a ballistic parachute upon critical failure detection, controlling the aircraft's descent and reducing risk. The company's solutions support a wide range of commercial and industrial UAVs, serving markets such as aerospace, defense, and HLS, and are engineered to meet aviation safety and reliability standards.
Strategic signal
ParaZero recently secured a significant $1 million order from a U.S. customer in July 2026, followed by a stock jump of over 31% in August 2026 after announcing a defense contract with a U.S. federal entity. This indicates strong market validation and growing demand for its drone safety and anti-drone technologies within the defense and security sectors, signaling robust forward momentum and strategic expansion in critical government markets.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent commercial achievement for ParaZero?
- In July 2026, ParaZero secured a $1 million order from a U.S. customer. This was followed by a stock jump of over 31% in August 2026 after the announcement of a defense contract with a U.S. federal entity.
- When did ParaZero strengthen its European anti-drone capabilities?
- In November 2025, ParaZero strengthened its European anti-drone capabilities with a significant purchase order for DefendAir Systems from a leading Dutch defense distributor.
- Who was appointed as CEO of ParaZero Technologies?
- Ariel Alon was appointed as CEO of ParaZero Technologies in July 2025.
- What was ParaZero's most recent funding activity?
- In March 2026, ParaZero announced the closing of a $4 million registered direct offering.
- When was ParaZero acquired?
- ParaZero was acquired by Xylo Technologies in January 2022 for 6 million Australian dollars in cash.