ParaZero Technologies Secures $4 Million in Registered Direct Offering Led by Aegis Capital

ParaZero Technologies Ltd. (NASDAQ: PRZO) has closed a registered direct offering with a single institutional investor, generating approximately $4 million in gross proceeds. The transaction involved the sale of 5,333,333 ordinary shares and pre-funded warrants at $0.75 per share, with Aegis Capital Corp. acting as exclusive placement agent. The offering, which closed on March 24, 2026, is intended to support general corporate purposes and working capital needs for the aerospace defense company.

The capital infusion comes as ParaZero continues to develop its portfolio of autonomous solutions for the global manned and unmanned aerial systems industry. The company's product lineup includes SafeAir, an autonomous parachute recovery system designed for aerial safety and regulatory compliance; DefendAir, a counter-UAS net-launching platform for protection against hostile drones in both battlefield and urban environments; and DropAir, a precision aerial delivery system. These technologies address growing concerns about drone safety and security across commercial, industrial, and governmental operations worldwide.

Founded in 2014 by aviation professionals and drone industry veterans, ParaZero has established itself as a recognized leader in advanced drone technologies. The company's mission focuses on redefining the boundaries of aerial operations with intelligent, mission-ready systems that enhance safety, scalability, and security. The successful completion of this offering demonstrates continued investor interest in companies developing solutions for the rapidly evolving drone and aerial systems market.

The latest news and updates relating to PRZO are available in the company's newsroom at https://ibn.fm/PRZO. For more information about MissionIR, the specialized communications platform that distributed this announcement, please visit https://www.MissionIR.com. The full terms of use and disclaimers applicable to all content provided by MIR are available at https://www.MissionIR.com/Disclaimer.

This financial development occurs as regulatory frameworks for drone operations continue to evolve globally, creating both challenges and opportunities for companies specializing in aerial safety and security solutions. ParaZero's technologies are positioned to help operators comply with emerging safety requirements while addressing security concerns related to unauthorized or hostile drone activities. The company's focus on autonomous systems reflects broader industry trends toward increased automation and intelligence in aerial operations across multiple sectors.