ParaZero reports revenue increase in first half of 2025
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ParaZero Technologies Ltd. (NASDAQ: PRZO) reported preliminary unaudited revenue of approximately $350,000 for the six months ended June 30, 2025, compared to $283,000 in the same period last year.
The Israel-based aerospace defense company had cash and cash equivalents of approximately $4.8 million as of June 30, 2025, down from $5.3 million a year earlier.
The financial information is preliminary and unaudited, based on the company's estimates and subject to completion of financial closing procedures. ParaZero's independent registered public accounting firm has not audited or reviewed the preliminary figures.
ParaZero develops autonomous solutions for manned and unmanned aerial systems, including parachute recovery systems, counter-drone platforms, and precision aerial delivery systems. The company serves commercial, industrial, and governmental operations globally.
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