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ParaZero Technologies Ltd. (NASDAQ: PRZO) Positions for Urban Counter-Drone Demand with Cyprus Deal
February 3, 2026

ParaZero Technologies Ltd. (NASDAQ: PRZO) Positions for Urban Counter-Drone Demand with Cyprus Deal

  • ParaZero entered the Cyprus market via a reseller agreement with homeland security specialist Lella Kentonis
  • The firm’s counter-UAS technologies are built for complex, contested, and civilian-dense environments
  • These updates underscore ParaZero’s mission to create and deliver scalable, low-collateral drone mitigation as threats move into the cities from the battlefields

ParaZero Technologies (NASDAQ: PRZO) is stepping up efforts targeted at its global expansion strategy as hostile drone threats extend into urban and civilian areas. The company recently announced that a reseller arrangement had been reached with Lella Kentonis Investment Co. Limited, engaging the services of the homeland security specialist as its distributor and integrator in Cyprus. With the agreement, ParaZero now has a strategically important access to European markets where more attention is being given to airspace protection (ibn.fm/ly8kz).

As part of the terms of the agreement, Lella Kentonis is expected to distribute and integrate ParaZero’s counter-UAS product lines into Cyprus’ defense and homeland security ecosystem. The partnership underscores ParaZero’s strategy of partnering with reputable regional players to ease market access while addressing country-specific operational and regulatory requirements. The company’s management emphasized that the partnership streamlines the delivery of mission-critical counter-drone solutions, tailored for national security agencies operating in complex environments.

The Cyprus expansions come as drone defense undergoes a strategic shift. Drone threats once limited to active conflict zones are now emerging near cities, in airports, and at public locations. Advances in drone navigation, including vision-based systems and fiber-optic control, are challenging conventional countermeasures and compelling security agencies to change the way they protect urban airspace.

ParaZero’s technology portfolio is targeted to be a solution for the evolving landscape. The company operates at the nexus of counter-UAS systems designed to effectively intercept hostile drones without leading to casualties associated with firearms or missiles, which are not ideal for civilian environments. The company’s DefendAir system, which leverages net-based interception, is created to neutralize threats in highly populated settings without compromising regulatory compliance, public safety, and operational reliability.

The global counter-UAS market was valued at over $6.5 billion in 2025 and is expected to grow quickly as more governments invest in protecting urban centers. In Europe, the increase in defense spending is pushing up the demand from military organizations and homeland security agencies. The company’s management has highlighted that urban drone defense systems require a more strategic approach than what is obtainable in battlefield solutions.

ParaZero’s reseller agreement in Cyprus highlights how the company is transforming battlefield-tested concepts into usable solutions. Through its partnership with local experts, the company can tailor the solutions to specific locations globally. The strategic move also underscores ParaZero’s broader objective of positioning its technology at the intersection of homeland security, defense, and critical infrastructure protection.

For more information, visit the company website at www.ParaZero.com.

NOTE TO INVESTORS: The latest news and updates relating to PRZO are available in the company’s newsroom at ibn.fm/PRZO

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