Why Is Aerospace Company ParaZero Technologies Stock Flying Higher Today?
ParaZero Technologies Ltd. (NASDAQ:PRZO) shares are rising on Friday following the company’s announcement that it received the Design Verification Report (DVR) approval from the European Union Aviation Safety Agency (EASA). This approval applies to ParaZero’s SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits, confirming compliance with critical safety standards. The EASA DVR allows drone operators to expand their operational scope under the Specific Operations Risk Assessment (SORA)