{"success":true,"data":{"pressRelease":{"id":"128164","rtpr_id":"nGNX73nwkv","ticker":"PRZO","exchange":"NASDAQ","all_tickers":["PRZO"],"title":"ParaZero Reports Strong First Half 2026 Results with 195% Sales Growth and Expanding DefendAir Commercial Momentum","author":"Globe Newswire","published_at":"2026-08-26T12:18:00.096Z","article_body":"Sales Nearly Triple Year-Over-Year and Surpass Full-Year 2025 Levels; Gross\nMargin Improves from a negative 20.6% to 36% with Multiple Orders from\nIsraeli, U.S., and European Customers\n\nKFAR SABA, Israel, Aug. 26, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies\nLtd. (Nasdaq: PRZO) (the “Company” or “ParaZero”), an aerospace\ndefense company pioneering smart, autonomous solutions for the global manned\nand unmanned aerial systems (UAS) industry, reported today its financial\nresults for the six months ended June 30, 2026, and provided an update on its\ncommercial progress.\n\nFirst Half 2026 Financial Highlights\n* Sales increased approximately three-fold by 195.3% to $1,057,210 for the six\nmonths ended June 30, 2026, compared to $357,979 in the same period of 2025.\nThis already exceeds the Company’s full-year 2025 sales of $1,046,664.\nGrowth was driven primarily by the shift toward newly developed defense-sector\nproducts and original equipment manufacturer (OEM) integrations.\n* Gross profit turned positive at $380,376, compared to a gross loss of\n$73,909 in the prior-year period, with gross margin improving significantly to\n36% for the six months ended June 30, 2026 from a negative 20.6% in the same\nperiod of 2025, reflecting improved operating leverage from higher-margin\ndefense sales.\n* Operating expenses increased, resulting in an operating loss of $4,007,723\ncompared to $3,652,278 in the prior-year period. The increase was primarily\ndriven by higher sales and marketing expenses and general and administrative\ncosts, offset by a 16.7% decrease in research and development, primarily due\nto efficiencies in labor and consulting costs.\n* Net loss increased to $4,335,835 for the six months ended June 30, 2026,\ncompared to $2,295,955 in the same period of 2025, primarly attributable to an\nunfavorable year-over-year change in the fair value of derivative warrant\nliabilities, from income of $1,253,042 in the prior-year period to an expense\nof $526,930 in the current period.  \n* As of June 30, 2026, the Company held approximately $7.8 million in cash,\ncash equivalents and short-term deposits.\nCommercial Momentum in DefendAir™ Counter-UAS Solutions\n\nDuring the six months ended June 30, 2026, and in the subsequent period,\nParaZero continued to expand adoption of its DefendAir counter-UAS solutions\nacross defense, security and critical infrastructure markets:\n* January 2026: Received first purchase order from a major Israeli defense\nentity; expanded European presence with a new reseller agreement and initial\norder from a customer in a key NATO country; secured an additional order from\na major global defense corporation.\n* February 2026: Received additional DefendAir order from a second branch of\nan Israeli defense entity, including specialized net-launching systems,\ninterception pods (handheld, stationary and drone-mounted configurations) and\na comprehensive training package.\n* March 2026: Secured a new purchase order from an Israeli defense entity that\nincluded an evaluation kit, net pods, live exercises and training services.\n* April 2026: Multiple orders, including an order valued at more than $650,000\nfrom a Tier-1 international drone interception company, plus follow-on orders\nfrom Israeli defense entities for personal net launchers, net pods and\ntraining.\n* May 2026: Expanded manufacturing capabilities and secured full-scale\nproduction capacity to support rising demand.\n* June 2026: Received first DefendAir order from a U.S.-based Tier-1 defense\ncorporation; entered two new Israeli integration agreements for DefendAir net\npods into autonomous counter-UAS platforms; and received a net pod order from\na second business unit of a Tier-1 Israeli-based global defense company.\nRecent Commercial Developments After June 30, 2026:\n* In July 2026, the company received a purchase order valued at more than $1\nmillion from a U.S.-based customer, a follow-on order for an operational\nsystem protecting high-value assets and critical infrastructure, and a net pod\norder from a third business unit of a Tier-1 Israeli global defense company.\nThe deliveries are expected to commence in the fourth quarter of 2026 and\ncontinue over a period of 12–18 months.\n* In August 2026, the company received its first order for DefendAir from a\nU.S. government entity, representing the first sale of DefendAir to a U.S.\nfederal customer.\n* In August 2026, the company received an initial DefendAir order from a\nTier-1 European defense manufacturer for integration into an autonomous\ncounter-UAS platform.\n“These results demonstrate meaningful commercial traction for our DefendAir\nsolutions as demand for effective counter-drone capabilities continues to grow\nglobally,” said Ariel Alon, Chief Executive Officer of ParaZero. “The\ncombination of strong revenue growth, improved gross margins, and a broadening\nbase of Tier-1 defense and security customers positions us well as we continue\nto scale manufacturing and pursue additional opportunities in key markets.”\n\nAbout ParaZero Technologies\n\nParaZero Technologies Ltd. (Nasdaq: PRZO) is an aerospace defense company\npioneering smart, autonomous solutions for the global manned and unmanned\naerial systems (UAS) industry.\n\nFounded in 2014 by aviation professionals and drone industry veterans,\nParaZero develops intelligent, mission-ready technologies for defense and\nadvanced aerial applications.\n\nThe Company’s DefendAir product family provides a controlled, non-explosive,\nnet-based physical interception capability designed for integration across\npersonal, mobile, autonomous and fixed-site Counter-UAS systems.\n\nFor more information, visit ParaZero https://parazero.com/\n\nForward-Looking Statements\n\nThis press release contains “forward-looking statements” within the\nmeaning of the Private Securities Litigation Reform Act and other securities\nlaws. Forward-looking statements contained in this press release include, but\nare not limited to, statements regarding ParaZero’s strategic and business\nplans, technology, relationships, objectives and expectations for its\nbusiness, growth, the impact of trends on and interest in its business,\nintellectual property, products and its future results, operations and\nfinancial performance and condition and may be identified by the use of words\nsuch as “may,” “seek,” “will,” “consider,” “likely,”\n“assume,” “estimate,” “expect,” “anticipate,” “intend,”\n“believe,” “do not believe,” “aim,” “predict,” “plan,”\n“project,” “continue,” “potential,” “guidance,”\n“objective,” “outlook,” “trends,” “future,” “could,”\n“would,” “should,” “target,” “on track” or their negatives or\nvariations, and similar terminology and words of similar import, generally\ninvolve future or forward-looking statements. For example, the Company is\nusing forward-looking statements when it discusses its efforts to expand\nproduction capacity, and the potential for additional orders and customer\ngrowth in the defense and commercial markets and its expectation to commence\ndeliveries in the fourth quarter of 2026 and on a continuous basis over a\nperiod of 12–18 months. Forward-looking statements are not historical facts,\nand are based upon management’s current expectations, beliefs and\nprojections, many of which, by their nature, are inherently uncertain. Such\nexpectations, beliefs and projections are expressed in good faith. However,\nthere can be no assurance that management’s expectations, beliefs and\nprojections will be achieved, and actual results may differ materially from\nwhat is expressed in or indicated by the forward-looking statements.\nForward-looking statements are subject to risks and uncertainties that could\ncause actual performance or results to differ materially from those expressed\nin the forward-looking statements. For a more detailed description of the\nrisks and uncertainties affecting the Company, reference is made to the\nCompany’s reports filed from time to time with the Securities and Exchange\nCommission (“SEC”), including, but not limited to, the risks detailed in\nthe Company’s Annual Report on Form 20-F filed with the SEC on March 26,\n2026. Forward-looking statements speak only as of the date the statements are\nmade. The Company assumes no obligation to update forward-looking statements\nto reflect actual results, subsequent events or circumstances, changes in\nassumptions or changes in other factors affecting forward-looking information\nexcept to the extent required by applicable securities laws. If the Company\ndoes update one or more forward-looking statements, no inference should be\ndrawn that the Company will make additional updates with respect thereto or\nwith respect to other forward-looking statements. References and links to\nwebsites have been provided as a convenience, and the information contained on\nsuch websites is not incorporated by reference into this press release.\nParaZero is not responsible for the content of third-party websites.\n\nInvestor Relations Contact:\n\nMichal Efraty\nInvestor Relations\nmichal@efraty.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c8076887-3fa9-4247-a411-f08d0fdea664)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX73nwkv","title":"ParaZero Reports Strong First Half 2026 Results with 195% Sales Growth and Expanding DefendAir Commercial Momentum","author":"Globe Newswire","ticker":"PRZO","created":"2026-08-26T12:18:00.096Z","tickers":["PRZO"],"exchange":"NASDAQ","article_body":"Sales Nearly Triple Year-Over-Year and Surpass Full-Year 2025 Levels; Gross\nMargin Improves from a negative 20.6% to 36% with Multiple Orders from\nIsraeli, U.S., and European Customers\n\nKFAR SABA, Israel, Aug. 26, 2026 (GLOBE NEWSWIRE) -- ParaZero Technologies\nLtd. (Nasdaq: PRZO) (the “Company” or “ParaZero”), an aerospace\ndefense company pioneering smart, autonomous solutions for the global manned\nand unmanned aerial systems (UAS) industry, reported today its financial\nresults for the six months ended June 30, 2026, and provided an update on its\ncommercial progress.\n\nFirst Half 2026 Financial Highlights\n* Sales increased approximately three-fold by 195.3% to $1,057,210 for the six\nmonths ended June 30, 2026, compared to $357,979 in the same period of 2025.\nThis already exceeds the Company’s full-year 2025 sales of $1,046,664.\nGrowth was driven primarily by the shift toward newly developed defense-sector\nproducts and original equipment manufacturer (OEM) integrations.\n* Gross profit turned positive at $380,376, compared to a gross loss of\n$73,909 in the prior-year period, with gross margin improving significantly to\n36% for the six months ended June 30, 2026 from a negative 20.6% in the same\nperiod of 2025, reflecting improved operating leverage from higher-margin\ndefense sales.\n* Operating expenses increased, resulting in an operating loss of $4,007,723\ncompared to $3,652,278 in the prior-year period. The increase was primarily\ndriven by higher sales and marketing expenses and general and administrative\ncosts, offset by a 16.7% decrease in research and development, primarily due\nto efficiencies in labor and consulting costs.\n* Net loss increased to $4,335,835 for the six months ended June 30, 2026,\ncompared to $2,295,955 in the same period of 2025, primarly attributable to an\nunfavorable year-over-year change in the fair value of derivative warrant\nliabilities, from income of $1,253,042 in the prior-year period to an expense\nof $526,930 in the current period.  \n* As of June 30, 2026, the Company held approximately $7.8 million in cash,\ncash equivalents and short-term deposits.\nCommercial Momentum in DefendAir™ Counter-UAS Solutions\n\nDuring the six months ended June 30, 2026, and in the subsequent period,\nParaZero continued to expand adoption of its DefendAir counter-UAS solutions\nacross defense, security and critical infrastructure markets:\n* January 2026: Received first purchase order from a major Israeli defense\nentity; expanded European presence with a new reseller agreement and initial\norder from a customer in a key NATO country; secured an additional order from\na major global defense corporation.\n* February 2026: Received additional DefendAir order from a second branch of\nan Israeli defense entity, including specialized net-launching systems,\ninterception pods (handheld, stationary and drone-mounted configurations) and\na comprehensive training package.\n* March 2026: Secured a new purchase order from an Israeli defense entity that\nincluded an evaluation kit, net pods, live exercises and training services.\n* April 2026: Multiple orders, including an order valued at more than $650,000\nfrom a Tier-1 international drone interception company, plus follow-on orders\nfrom Israeli defense entities for personal net launchers, net pods and\ntraining.\n* May 2026: Expanded manufacturing capabilities and secured full-scale\nproduction capacity to support rising demand.\n* June 2026: Received first DefendAir order from a U.S.-based Tier-1 defense\ncorporation; entered two new Israeli integration agreements for DefendAir net\npods into autonomous counter-UAS platforms; and received a net pod order from\na second business unit of a Tier-1 Israeli-based global defense company.\nRecent Commercial Developments After June 30, 2026:\n* In July 2026, the company received a purchase order valued at more than $1\nmillion from a U.S.-based customer, a follow-on order for an operational\nsystem protecting high-value assets and critical infrastructure, and a net pod\norder from a third business unit of a Tier-1 Israeli global defense company.\nThe deliveries are expected to commence in the fourth quarter of 2026 and\ncontinue over a period of 12–18 months.\n* In August 2026, the company received its first order for DefendAir from a\nU.S. government entity, representing the first sale of DefendAir to a U.S.\nfederal customer.\n* In August 2026, the company received an initial DefendAir order from a\nTier-1 European defense manufacturer for integration into an autonomous\ncounter-UAS platform.\n“These results demonstrate meaningful commercial traction for our DefendAir\nsolutions as demand for effective counter-drone capabilities continues to grow\nglobally,” said Ariel Alon, Chief Executive Officer of ParaZero. “The\ncombination of strong revenue growth, improved gross margins, and a broadening\nbase of Tier-1 defense and security customers positions us well as we continue\nto scale manufacturing and pursue additional opportunities in key markets.”\n\nAbout ParaZero Technologies\n\nParaZero Technologies Ltd. (Nasdaq: PRZO) is an aerospace defense company\npioneering smart, autonomous solutions for the global manned and unmanned\naerial systems (UAS) industry.\n\nFounded in 2014 by aviation professionals and drone industry veterans,\nParaZero develops intelligent, mission-ready technologies for defense and\nadvanced aerial applications.\n\nThe Company’s DefendAir product family provides a controlled, non-explosive,\nnet-based physical interception capability designed for integration across\npersonal, mobile, autonomous and fixed-site Counter-UAS systems.\n\nFor more information, visit ParaZero https://parazero.com/\n\nForward-Looking Statements\n\nThis press release contains “forward-looking statements” within the\nmeaning of the Private Securities Litigation Reform Act and other securities\nlaws. Forward-looking statements contained in this press release include, but\nare not limited to, statements regarding ParaZero’s strategic and business\nplans, technology, relationships, objectives and expectations for its\nbusiness, growth, the impact of trends on and interest in its business,\nintellectual property, products and its future results, operations and\nfinancial performance and condition and may be identified by the use of words\nsuch as “may,” “seek,” “will,” “consider,” “likely,”\n“assume,” “estimate,” “expect,” “anticipate,” “intend,”\n“believe,” “do not believe,” “aim,” “predict,” “plan,”\n“project,” “continue,” “potential,” “guidance,”\n“objective,” “outlook,” “trends,” “future,” “could,”\n“would,” “should,” “target,” “on track” or their negatives or\nvariations, and similar terminology and words of similar import, generally\ninvolve future or forward-looking statements. For example, the Company is\nusing forward-looking statements when it discusses its efforts to expand\nproduction capacity, and the potential for additional orders and customer\ngrowth in the defense and commercial markets and its expectation to commence\ndeliveries in the fourth quarter of 2026 and on a continuous basis over a\nperiod of 12–18 months. Forward-looking statements are not historical facts,\nand are based upon management’s current expectations, beliefs and\nprojections, many of which, by their nature, are inherently uncertain. Such\nexpectations, beliefs and projections are expressed in good faith. However,\nthere can be no assurance that management’s expectations, beliefs and\nprojections will be achieved, and actual results may differ materially from\nwhat is expressed in or indicated by the forward-looking statements.\nForward-looking statements are subject to risks and uncertainties that could\ncause actual performance or results to differ materially from those expressed\nin the forward-looking statements. For a more detailed description of the\nrisks and uncertainties affecting the Company, reference is made to the\nCompany’s reports filed from time to time with the Securities and Exchange\nCommission (“SEC”), including, but not limited to, the risks detailed in\nthe Company’s Annual Report on Form 20-F filed with the SEC on March 26,\n2026. Forward-looking statements speak only as of the date the statements are\nmade. The Company assumes no obligation to update forward-looking statements\nto reflect actual results, subsequent events or circumstances, changes in\nassumptions or changes in other factors affecting forward-looking information\nexcept to the extent required by applicable securities laws. If the Company\ndoes update one or more forward-looking statements, no inference should be\ndrawn that the Company will make additional updates with respect thereto or\nwith respect to other forward-looking statements. References and links to\nwebsites have been provided as a convenience, and the information contained on\nsuch websites is not incorporated by reference into this press release.\nParaZero is not responsible for the content of third-party websites.\n\nInvestor Relations Contact:\n\nMichal Efraty\nInvestor Relations\nmichal@efraty.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c8076887-3fa9-4247-a411-f08d0fdea664)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-26T12:18:00.134696875Z","server_sent_at_ms":1787746680134},"received_at":"2026-08-26T12:18:00.186Z","source_url":"https://www.globenewswire.com/news-release/2026/08/26/3351318/0/en/parazero-reports-strong-first-half-2026-results-with-195-sales-growth-and-expanding-defendair-commercial-momentum.html"},"analysis":{"id":"117083","press_release_id":"128164","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":["Operating loss widened to $4.0 million from $3.7 million due to increased sales and marketing expenses","Net loss increased to $4.3 million, partly due to unfavorable changes in derivative warrant liabilities"],"eventType":"earnings","narrative":"ParaZero reported first-half 2026 sales of $1.06 million, up 195% year-over-year, already exceeding its full-year 2025 revenue.\n\nGross margin improved significantly from negative 20.6% to positive 36%, resulting in a gross profit of $380,376 compared to a prior-year loss.\n\nCommercial momentum accelerated with multiple orders from Tier-1 defense entities, including a $1 million-plus order from a U.S. customer and the first sale to a U.S. government entity.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Operational inflection achieved with 195% sales growth and positive gross margins as defense adoption accelerates."},"keyFigures":{"cash":7800000,"revenue":1057210,"revenueYoy":"195.3%","gross_margin":"36%","gross_profit":380376,"customDimensions":{"full_year_2025_sales":"$1,046,664","july_order_value_usd":">$1,000,000","april_order_value_usd":">$650,000","prior_year_gross_margin":"-20.6%"}},"quotedText":"The combination of strong revenue growth, improved gross margins, and a broadening base of Tier-1 defense and security customers positions us well as we continue to scale manufacturing and pursue additional opportunities in key markets.","namedEntities":{"people":[{"name":"Ariel Alon","role":"Chief Executive Officer"},{"name":"Michal Efraty","role":"Investor Relations"}],"products":["DefendAir","DefendAir counter-UAS solutions","net-launching systems","interception pods"],"companies":[{"name":"ParaZero Technologies Ltd.","ticker":"PRZO"}],"dollarAmounts":[{"amount":"$1,057,210","context":"Six months ended June 30, 2026 sales"},{"amount":"$357,979","context":"Six months ended June 30, 2025 sales"},{"amount":"$1,046,664","context":"Full-year 2025 sales"},{"amount":"$380,376","context":"Six months ended June 30, 2026 gross profit"},{"amount":"$73,909","context":"Six months ended June 30, 2025 gross loss"},{"amount":"$4,007,723","context":"Six months ended June 30, 2026 operating loss"},{"amount":"$4,335,835","context":"Six months ended June 30, 2026 net loss"},{"amount":"$7.8 million","context":"Cash, cash equivalents and short-term deposits as of June 30, 2026"},{"amount":"$650,000","context":"April 2026 order from Tier-1 international drone interception company"},{"amount":"$1 million","context":"July 2026 purchase order from U.S.-based customer"}]},"materialImpact":{"score":4,"reasoning":"Sales nearly tripled year-over-year, surpassing full-year 2025 revenue in just six months. The company achieved a critical operational inflection with gross margins swinging from negative 20.6% to positive 36%, validating the pivot to higher-margin defense products."},"tickerRelevance":{"others":[],"primary":"PRZO"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"operational_inflection","sectorWeight":"defense_tech"}},"event_type":"earnings","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":4,"narrative":"ParaZero reported first-half 2026 sales of $1.06 million, up 195% year-over-year, already exceeding its full-year 2025 revenue.\n\nGross margin improved significantly from negative 20.6% to positive 36%, resulting in a gross profit of $380,376 compared to a prior-year loss.\n\nCommercial momentum accelerated with multiple orders from Tier-1 defense entities, including a $1 million-plus order from a U.S. customer and the first sale to a U.S. government entity.","key_figures":{"cash":7800000,"revenue":1057210,"revenueYoy":"195.3%","gross_margin":"36%","gross_profit":380376,"customDimensions":{"full_year_2025_sales":"$1,046,664","july_order_value_usd":">$1,000,000","april_order_value_usd":">$650,000","prior_year_gross_margin":"-20.6%"}},"named_entities":{"people":[{"name":"Ariel Alon","role":"Chief Executive Officer"},{"name":"Michal Efraty","role":"Investor Relations"}],"products":["DefendAir","DefendAir counter-UAS solutions","net-launching systems","interception pods"],"companies":[{"name":"ParaZero Technologies Ltd.","ticker":"PRZO"}],"dollarAmounts":[{"amount":"$1,057,210","context":"Six months ended June 30, 2026 sales"},{"amount":"$357,979","context":"Six months ended June 30, 2025 sales"},{"amount":"$1,046,664","context":"Full-year 2025 sales"},{"amount":"$380,376","context":"Six months ended June 30, 2026 gross profit"},{"amount":"$73,909","context":"Six months ended June 30, 2025 gross loss"},{"amount":"$4,007,723","context":"Six months ended June 30, 2026 operating loss"},{"amount":"$4,335,835","context":"Six months ended June 30, 2026 net loss"},{"amount":"$7.8 million","context":"Cash, cash equivalents and short-term deposits as of June 30, 2026"},{"amount":"$650,000","context":"April 2026 order from Tier-1 international drone interception company"},{"amount":"$1 million","context":"July 2026 purchase order from U.S.-based customer"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-26T13:24:04.506Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"micro-cap","eventGravity":"operational_inflection","sectorWeight":"defense_tech"}},"durationMs":449978,"modelName":"glm-4.7"}}