ParaZero Technologies Receives EU Aviation Regulator Approval for Parachute Safety Kits; Shares Surge Pre-Bell

MT Newswires Live11-29

ParaZero Technologies (PRZO) said Friday it received a design verification report approval from the European Union's aviation regulator for its SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits.

The approval allows operators to use ParaZero's equipment near high-risk areas such as crowded locations, as well as in medium-risk missions, ParaZero said.

Shares of the company were up 37% in recent Friday premarket activity.

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