ParaZero Technologies (PRZO) said Wednesday it has received an additional order for its DefendAir Net Pod system from a second business unit of a Tier-1 Israeli-based global defense company.
The system is designed to provide a non-explosive interception layer against hostile drones, offering a controlled method of neutralization and reduced collateral damage, the company said.
Financial terms of the order were not disclosed.
ParaZero shares were 2% higher in Wednesday trading.
Price: 0.56, Change: +0.01, Percent Change: +1.09
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