ParaZero looks to develop drone safety technology for commercial applications

ParaZero looks to develop drone safety technology for commercial applications

ParaZero Ltd (ASX:PRZ) chief executive officer Eden Attias speaks to Proactive Investors about the Israel-based company’s development and manufacturing of drone safety solutions for commercial drones.

ParaZero’s SafeAir system independently monitors the flight operation of the drone, and if the drone fails, triggers a patented ballistic parachute to provide a controlled descent rate, warns bystanders underneath and communicates with the UTM (unmanned traffic system).

“Parazero is a company that formed foyr years ago mainly to deal with taking drone technology which was safe for military use in the last 10-15 years and to move it into commercial applications, what we call high-end consumers,” Attias says.

He continues, “one of the challenges of taking this technology into urban areas – above people, beyond visual line-of-sight, at low altitude – is safety.”

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