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ParaZero Technologies | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Jan 27 05:05
Summary by Futu AI
ParaZero Technologies Ltd., an aerospace company specializing in drone safety systems, has successfully assisted a customer in obtaining the first-ever light uncrewed aircraft system (UAS) operator certificate (LUC) in Denmark. The LUC, granted by the European Union Aviation Safety Agency (EASA), allows for self-authorized cross-border drone operations throughout the European Union without the need for additional approvals. This certificate streamlines operations by enabling the holder to operate various UAS platforms under a single approval, enhancing the efficiency of drone services while ensuring safety. The approval process was supported by ParaZero's SafeAir parachute system, which is designed to enable advanced flight permissions, such as operations over people. The achievement is the result of a two-year collaboration...Show More
ParaZero Technologies Ltd., an aerospace company specializing in drone safety systems, has successfully assisted a customer in obtaining the first-ever light uncrewed aircraft system (UAS) operator certificate (LUC) in Denmark. The LUC, granted by the European Union Aviation Safety Agency (EASA), allows for self-authorized cross-border drone operations throughout the European Union without the need for additional approvals. This certificate streamlines operations by enabling the holder to operate various UAS platforms under a single approval, enhancing the efficiency of drone services while ensuring safety. The approval process was supported by ParaZero's SafeAir parachute system, which is designed to enable advanced flight permissions, such as operations over people. The achievement is the result of a two-year collaboration with the Danish Civil Aviation and Railway Authority and provides the customer with access to the EU's market of over 500 million people. ParaZero's CEO, Boaz Shetzer, expressed the company's commitment to facilitating the growth of the drone industry by enabling approvals for complex operations globally. The SafeAir system features integrated sensors and an onboard computer, SmartAir Pro™, to autonomously mitigate flight risks and ensure a safe descent in case of critical failures.

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