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.
