ParaZero reveals orders of £180k from drone manufacturers for parachutes system

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Drone safety business ParaZero has today unveiled partnerships with drone manufacturers to deliver custom parachutes.

Drone manufacturers have placed orders valued at £181,500 ($235,000) for ParaZero’s SafeAir OEM system for deployment in densely populated areas.

ParaZero CEO, Eden Attias, said of the news: “Drone logistics is a rapidly emerging industry and ParaZero is at the forefront of drone safety. 

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“We are well-positioned for growth as we capitalise on this global megatrend.”

ParaZero’s technology can be retrofitted to existing drones to provide safety systems that allow businesses to fly drones over people.

“ParaZero has developed a solution for existing drones to improve their safety when flying over people, but longer-term we are working with drone manufacturers to ensure our technology is fitted to every device at the time it’s produced,” Attias continued.

Once the safety systems are in place, ParaZero’s customers can apply for waivers from the Federal Aviation Administration (FAA) allowing them to make flights over populated areas.

The news comes following the FAA having granted more than 35 waivers to organizations including Fox News, Verizon Media and CNN allowing them to conduct flights over people. ParaZero is set to deliver the orders by the end of 2019.

Tags : Drone safetyFAA administratorParachuteParaZero
Matthew Trask

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