FX.co ★ ParaZero Gains Over 102% On Getting EASA Approval For Drone System

Shares of ParaZero Technologies Ltd. (PRZO) skyrocketed by more than 102% on Friday following the approval of their Design Verification Report by the European Union Aviation Safety Agency. This approval pertains to ParaZero's SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits.

At present, ParaZero's stock is trading at $1.29 on the Nasdaq, reflecting a substantial increase of 102.91%.

With this certification, the company cements its reputation as a reliable provider of drone safety solutions throughout Europe.