ParaZero signs partnership with BonV Aero for India counter-drone expansion
ParaZero Technologies Ltd. (NASDAQ: PRZO) signed a strategic cooperation agreement with BonV Aero to market its counter-drone solutions in India, the company announced March 20.
Under the agreement, BonV Aero will market ParaZero's DefendAir system, a mobile net-based interception platform designed for deployment against hostile drones. The partnership covers additional DefendAir configurations for future deployment.
The companies conducted a live demonstration of the portable DefendAir launcher to an Indian security entity. The demonstration was intended to validate ParaZero's counter-drone technology for the Indian market.
"We are excited to cooperate with BonV Aero and successfully demonstrate DefendAir C-UAS solution in India, a strategically important market facing growing aerial threats," said Ariel Alon, CEO of ParaZero.
Satyabrata Satapathy, Co-Founder and CEO of BonV Aero, said the company is "confident it will serve as a valuable asset to India's defence sector" and focuses on "delivering reliable, mission‑critical systems and progressively indigenising this capability for the nation."
ParaZero, founded in 2014, develops autonomous solutions for manned and unmanned aerial systems. The company's product portfolio includes SafeAir parachute recovery systems, DefendAir counter-drone platforms, and DropAir precision delivery systems.
BonV Aero develops heavy-payload drone systems for defense and logistics operations, focusing on indigenous technologies for India's defense ecosystem.
The information is based on a company press release statement.
