- 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…
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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