Business
ParaZero Expands European Presence with New Reseller Agreement and Initial Demo Kit Procurement in Romania
Kfar Saba, Israel, April 23, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company
About this update from Parazero Technologies Ltd.
[{"type":"text","content":"Kfar Saba, Israel, April 23, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced the signing of a new reseller agreement with New Akord Security, a Romania-based defense and homeland security integrator. The agreement expands ParaZero’s commercial footprint in the region and reinforces its growing presence across Europe, particularly among NATO member states near the Russia-Ukraine conflict zone. New Akord Security will market ParaZero’s DefendAir system across Romania and provide end users with training and local support. The new reseller agreement builds on ParaZero’s recent momentum in Europe, including a strategic distribution agreement with a leading Western European distributor, successful live demonstrations of the DefendAir platform for senior NATO officers from multiple countries, and growing adoption of its counter-drone solutions among European defense organizations. Following the execution of the reseller agreement, New Akord Security purchased an initial demo kit consisting of a Personal Net Launcher, Net Pod, and training package. The parties expect to conduct a live demonstration in Romania for representatives of the Romanian Ministry of Defense and other officials during the Black Sea Defense, Aerospace and Security (BSDA) International Exhibition, where ParaZero will exhibit from May 13 to 15, 2026, in Bucharest.DefendAir is a multi-layered, soft-kill Counter-Unmanned Aerial Systems (CUAS) solution featuring patented net-launching technology that enables non-kinetic interception of hostile drones with minimal collateral damage. DefendAir has previously demonstrated 100% interception success in multiple field trials and is designed to protect troops, infrastructure, and urban environments from evolving unmanned aerial threats. \"Rising tensions across Europe, coupled with the shift toward a multi-dimensional battlefield-where drones now play a central role-have made air defense increasingly complex and challenging. Our innovative solutions are specifically designed to address these pressing operational needs\", said Ariel Alon, CEO of ParaZero. \"This new reseller agreement reflects our commitment to strengthening partne...