ParaZero Technologies Ltd., an aerospace company specializing in drone safety systems, has announced a significant agreement with BladeRanger Ltd., a company developing drone cleaning technology for solar panels and tall buildings. The deal, valued at approximately $230,000, was disclosed in a press release issued on September 5, 2024. ParaZero will assist BladeRanger with regulatory compliance, specifically with the Israeli Civil Aviation Authority, to develop and certify a safe drone operating system. The collaboration aims to create a safety system, including hardware and software, tailored to BladeRanger's needs and compliant with Israeli standards. The global market for cleaning services using drones, valued at $5.06 billion in 2023, is expected to grow to $13.34 billion by 2030. This growth is driven by the adoption of drone technology for...Show More

ParaZero Technologies Ltd., an aerospace company specializing in drone safety systems, has announced a significant agreement with BladeRanger Ltd., a company developing drone cleaning technology for solar panels and tall buildings. The deal, valued at approximately $230,000, was disclosed in a press release issued on September 5, 2024. ParaZero will assist BladeRanger with regulatory compliance, specifically with the Israeli Civil Aviation Authority, to develop and certify a safe drone operating system. The collaboration aims to create a safety system, including hardware and software, tailored to BladeRanger's needs and compliant with Israeli standards. The global market for cleaning services using drones, valued at $5.06 billion in 2023, is expected to grow to $13.34 billion by 2030. This growth is driven by the adoption of drone technology for efficient and cost-effective cleaning solutions. ParaZero's CEO, Boaz Shetzer, emphasized the company's expertise in drone safety and regulatory compliance as key to developing advanced safety solutions for BladeRanger's urban drones. BladeRanger's CEO, Oded Fruchtman, expressed enthusiasm for the partnership, highlighting the potential market expansion for BladeRanger beyond the solar sector.