ParaZero Technologies Ltd. plans to enter the counter unmanned aircraft system (C-UAS or anti-drone) market. The company, specializing in drone technologies for commercial drones, defense drones, and urban air mobility aircraft, aims to leverage its proprietary technology portfolio to offer competitive solutions in detecting, classifying, and mitigating threats from small UAS platforms. The move is in response to the increasing utilization of small, lethal drones worldwide, reshaping the balance between humans and technology in various sectors, including military, corrections, and large public venues.

Counter-drone technology encompasses various solutions to detect, classify, and mitigate drones and unmanned aerial vehicles. This diverse range includes camera systems, specialized drone detection radars, net guns, and cyber takeover systems. These technologies are crucial in addressing the challenges of unauthorized drone activities and enhancing security measures in various sectors.

After extensive due diligence, ParaZero has analyzed the growing market for C-UAS technologies. The company believes that specific elements within its proprietary technology portfolio and its rapid design, development, and manufacturing capabilities for UAS technologies position it strongly to provide a competitive edge in defending against threats and attacks from small UAS platforms. This strategic decision aligns with global inquiries the company has received, and it recognizes the increased market demand for C-UAS technology across various applications, including military outposts, correctional facilities, large public venues, and more, where limited mitigation options currently exist.

“Our drone technology solutions leverage a distinct technology portfolio protected by global patents that we have developed over the course of more than ten years. We believe that this technology portfolio enables us to effectively counteract various threats posed by drones by rapidly developing bespoke C-UAS solutions for key clientele,” said Boaz Shetzer, ParaZero CEO. “Recent international conflicts have highlighted the extensive use of drones in various attacks and the critical necessity to counteract these strikes promptly with minimal damage. We believe that ParaZero can provide a unique alternative to today’s conventional solutions and intend to start development without delay.”

According to Global Market Insights, the Global Anti-Drone or Counter-UAV Market was valued at $1.9 billion in 2023 and is forecasted to be worth USD 15.3 billion by 2032, growing at an estimated CAGR of 26.0% between 2024 and 2032. (Press Release)

Post Image- The ParaZero SafeAir Phantom 4 drone safety solution is installed on the top of a DJI Phantom 4. (Image Credit: ParaZero)