ParaZero Technologies Ltd. (NASDAQ: PRZO), a leader in smart, autonomous solutions for the unmanned aerial systems (UAS) industry, announced it has signed a reseller agreement with Lella Kentonis Investment Co. Limited. Under the agreement, Lella Kentonis will serve as an authorized reseller in Cyprus, distributing and integrating ParaZero's counter-UAS product lines, including its DefendAir solutions, into the Cypriot defense and homeland security market. This move expands ParaZero's regional presence and supports government and security agencies with net-based, mission-critical drone interception technologies.
The DefendAir platform is a counter-UAS net-launching system designed to protect against hostile drones in both battlefield and urban environments. By partnering with Lella Kentonis, ParaZero aims to address the growing need for effective drone mitigation solutions in Cyprus, a region with increasing security concerns related to unauthorized drone activities. The agreement also strengthens ParaZero's footprint in the Eastern Mediterranean, a strategic area for defense and homeland security operations.
ParaZero's portfolio includes SafeAir, an autonomous parachute recovery system for aerial safety and regulatory compliance; DefendAir; and DropAir, a precision aerial delivery system. Founded in 2014 by aviation professionals and drone industry veterans, the company has established itself as a recognized leader in advanced drone technologies, supporting commercial, industrial, and governmental operations worldwide. This reseller agreement underscores ParaZero's commitment to expanding its counter-UAS capabilities and serving the needs of defense and security agencies globally.
For more information, the full press release is available at https://ibn.fm/5688L. Investors can find the latest news and updates relating to PRZO in the company's newsroom at https://ibn.fm/PRZO.
