What's Going On With ParaZero Technologies Stock?

Zinger Key Points
  • ParaZero announces it received a $187,000 purchase order from a U.S.-based advanced air mobility (AAM) company.
  • The purchase order includes preparations for serial production, as well as the delivery of an initial batch of systems. 

ParaZero Technologies Ltd. PRZO shares are trading higher Tuesday after the company announced a purchase order from a U.S.-based advanced air mobility company in the aerial vehicle industry.

The Details: ParaZero announced it received a $187,000 purchase order from a U.S.-based advanced air mobility (AAM) company in the aerial vehicle industry. The purchase order includes preparations for serial production, as well as the delivery of an initial batch of systems. 

The order also represents the final step in fulfilling the comprehensive project requirements for the client, who has been closely working with the company to ensure the integration of ParaZero’s innovative drone safety technologies.

Read Next: Snowflake Stock Dips On Offering After-Hours: What To Know

According to data from Benzinga Pro, ParaZero shares are moving on heavy trading volume in Tuesday's extended trading session following the company's announcement. 

PRZO Price Action: According to Benzinga Pro, ParaZero Technologies shares are up 24.85% after-hours at 75 centers at the time of publication Tuesday.

Read Also:

Image: u_3u3n7wt5sr from Pixabay

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!