Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Why Is Aerospace Company ParaZero Technologies Stock Flying Higher Today?

ParaZero Technologies Ltd. (NASDAQ:PRZO) shares are rising on Friday following the company’s announcement that it received the Design Verification Report (DVR) approval from the European Union Aviation Safety Agency (EASA).

This approval applies to ParaZero’s SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits, confirming compliance with critical safety standards. The EASA DVR allows drone operators to expand their operational scope under the Specific Operations Risk Assessment (SORA) process.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.