Medigus: ParaZero Successfully Completed its Drone Safety Project with a Fortune 500 Leading Automotive Manufacturer
21 12월 2023 - 8:59PM
Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in
electric vehicle charging solutions, advanced medical solutions,
and innovative internet technologies, today announced that on
December 20, 2023, ParaZero Technologies Ltd. (PRZO) ("ParaZero"),
an aerospace company focused on drone safety systems for commercial
drones and urban air mobility aircraft, (33.36% owned by Medigus),
announced the successful completion of its safety solution
development for a Fortune 500 leading global automotive
manufacturer’s ("the Customer") proprietary drone program. In line
with the project's completion, ParaZero has received full payment
for the development of a first of its kind development custom
variant of its innovative SafeAir™ drone safety system.
This project involved development and testing of
a custom groundbreaking ParaZero SafeAir™ system designed to meet
challenging requirements and specifications to meet the Fortune 500
automotive manufacturer's proprietary aircraft from the design
stage, ensuring optimized and seamless integration, at unique
flight envelope and characteristics. The successful completion of
this project reinforces ParaZero’s reputation as a provider of
advanced safety solutions across various aerial platforms,
including multirotor, single rotor, fixed-wing, VTOL, manned and
unmanned, and urban air mobility vehicles, and its abilities to
develop custom product variants to meet unique requirements and
standards per the Fortune 500 automotive and UAS manufacturer.
In addition to this achievement, ParaZero
received its second purchase order from the Customer a few months
ago. This ongoing project further strengthens ParaZero's position
as a leader in the aerospace industry, particularly in the
development and integration of drone safety systems.
About ParaZero Technologies
ParaZero (https://parazero.com) is a
world-leading developer of autonomous parachute safety systems for
commercial drone and urban air mobility (UAM) 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
overpopulated areas and beyond-visual-line-of-sight (BVLOS).
About Medigus
Based in Israel, Medigus Ltd. (Nasdaq: MDGS) is
a technologies company that is focused on innovative growth
partnerships, mainly in advanced medical solutions, digital
commerce, and electric vehicle markets. Medigus' affiliations in
the medical solutions arena consist of ownership in Polyrizon Ltd.
The Company’s affiliates in digital commerce include Gix Internet
Ltd., Jeffs’ Brands Ltd. and Eventer Technologies Ltd. In the
electric vehicle market, Charging Robotics Ltd. and Revoltz, by way
of Fuel Doctor Holdings, Inc., are also part of the Company’s
portfolio of technology solution providers. Medigus is traded on
the Nasdaq Capital Market. To learn more about Medigus’ advanced
technologies, please visit http://www.medigus.com/.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal 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. Because such statements deal with
future events and are based on Medigus’ current expectations, they
are subject to various risks and uncertainties, and actual results,
performance or achievements of Medigus could differ materially from
those described in or implied by the statements in this press
release. For example, Medigus uses forward looking statements when
describing ParaZero’s abilities to develop custom product variants
to meet unique requirements and standards.
The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed in any filings with the
SEC. Except as otherwise required by law, Medigus undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. 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. Medigus is not
responsible for the contents of third-party websites.
Company Contact
Tali DinarChief Financial
Officer+972-8-6466-880ir@medigus.com
Investor Relations Contact:
Michal EfratyInvestor Relations, Israel+972-(0)52-3044404
michal@efraty.com
ParaZero Technologies (NASDAQ:PRZO)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
ParaZero Technologies (NASDAQ:PRZO)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024