Reported about 12 hours ago
ParaZero Technologies Ltd. (NASDAQ:PRZO) experienced a significant stock increase after receiving Design Verification Report (DVR) approval from the European Union Aviation Safety Agency (EASA) for its SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits. This approval confirms compliance with essential safety standards, allowing drone operators to broaden their operational capabilities under the Specific Operations Risk Assessment (SORA) framework. The SafeAir systems meet safety requirements, enhancing their operational safety in high-risk areas, contributing to the stock's 40.9% premarket increase.
Source: YAHOO