ParaZero Technologies Ltd. (NASDAQ: PRZO) has entered into a reseller agreement with Lella Kentonis Investment Co. Limited, designating the firm as its authorized reseller in Cyprus. This partnership will facilitate the distribution and integration of ParaZero's counter-unmanned aerial systems (UAS) product lines, including its DefendAir solutions, into the Cypriot defense and homeland security market.
The agreement represents a strategic expansion of ParaZero's regional presence, enabling the company to support government and security agencies in Cyprus with net-based, mission-critical drone interception technologies. This move comes as nations worldwide increasingly seek effective countermeasures against potential drone threats in both battlefield and urban environments.
ParaZero Technologies is an aerospace defense company that develops smart, autonomous solutions for the global manned and unmanned aerial systems industry. Founded in 2014 by aviation professionals and drone industry veterans, the company has established itself as a recognized leader in advanced drone technologies. Its product portfolio includes SafeAir, an autonomous parachute recovery system designed for aerial safety and regulatory compliance; DefendAir, a counter-UAS net-launching platform; and DropAir, a precision aerial delivery system.
The company's mission to redefine aerial operations with intelligent, mission-ready systems that enhance safety, scalability, and security aligns with growing global demand for counter-drone technologies. As drone usage expands across commercial, industrial, and governmental sectors, the need for effective security measures has become increasingly critical.
This agreement with Lella Kentonis Investment Co. Limited enables ParaZero to extend its reach into the Mediterranean region, providing Cypriot security forces with advanced tools to address emerging drone-related security challenges. The partnership demonstrates how defense technology companies are forming strategic alliances to address regional security needs while expanding their global market presence.
Investors and stakeholders can access the latest news and updates relating to PRZO through the company's newsroom at https://ibn.fm/PRZO. The original press release announcing this agreement is available at https://ibn.fm/5688L. This development highlights the growing importance of counter-drone technologies in national security strategies and the expanding global market for defense solutions addressing unmanned aerial threats.
