ParaZero Safety Systems Approved by Australian Regulator for First Commercial Drone Flights in Populated Areas and Near People

DENVER, Colo., Oct 5, 2023 ( ParaZero Technologies Ltd. (NASDAQ: PRZO), an Israeli drone safety systems and urban air mobility aircraft company, and OVRL, an Australian commercial drone operator and training organization, announced this morning, that they received the first-ever Australian authorization, from the Civil Aviation Safety Agency (CASA), for drones to operate over populated areas and near people, when using ParaZero safety systems.

ParaZero Technologies is trading at $0.74, up $0.09 (+13.57%), up 811.74K premarket shares traded.

Its 52-week range is $0.56 to $4.15. It hit its 52-week low this week and is a foreign based listing, so swing or scalp is the viewpoint and expect it to trade better in the premarket/morning than this afternoon.

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