ParaZero Technologies Ltd. has signed an agreement with BladeRanger Ltd., a developer of a powerful cleaning payload for drones that is designed for inspection and washing of solar panels and tall buildings.
ParaZero is an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircrafts, and has entered into this multi-phase agreement that is valued at approximately $230,000.
As part of the agreement, ParaZero will support regulatory processes with the Israeli Civil Aviation Authority (CAA) to develop and certify a safe drone operating system for BladeRanger’s urban drones.
This involves researching regulatory requirements, proposing potential solutions and designing a safety system, hardware and software, that is optimized for BladeRanger’s platform, tailored to this market segment and compliant with the Israeli standards and regulations set by the CAA. ParaZero will also provide technical support and coordinate testing to ensure compliance and successful implementation.
The global window cleaning services market was valued at approximately $123B in 2022, with the cleaning by drones market being valued at $5.06B in 2023 and is expected to grow to $13.34B by 2030, according to market research by the Israel Export Institute. The report also states that this significant growth will be driven by the increasing adoption of drone technology for efficient, safe and cost-effective cleaning solutions across various sectors, including commercial and industrial buildings.
The advancements in autonomous navigation, AI integration and enhanced battery life are key factors propelling the market expansion. As regulations become more supportive and technology continues to evolve, the cleaning drones’ market is poised for substantial growth over the forecast period.
ParaZero’s CEO, Boaz Shetzer, commented, “Our deep, cross-industry expertise in drone safety and regulatory compliance positions us as the ideal partner for BladeRanger’s urban drones.
“We have a proven track record of developing cutting-edge safety solutions that meet the stringent requirements of civil aviation authorities. By leveraging our extensive knowledge, we plan to deliver a robust, validated, and comprehensive safety system to mitigate ground risks and protect assets.”
BladeRanger’s CEO, Oded Fruchtman, said, “We are happy to partner with ParaZero on this project that opens for BladeRanger a huge potential market in addition to the Solar market where we are currently active.”
