AGCS, ParaZero team for UAS safety
Allianz Global Corporate and Specialty (AGCS) has teamed up with Israel-based ParaZero to offer insurance pricing incentives and preferential conditions for those who are using ParaZero UAS safety system products, ACGS announced on 26 April.
The initial roll out will be in the US market, followed by other regions where ACGS provides insurance for unmanned aircraft.
ParaZero’s UAV safety system, SafeAir, is integrated with an on-board computer paired with a pyrotechnic parachute launcher to enable deployment in fractions of a second upon flight malfunction. The safety package monitors key flight parameters and when critical failures are identified, a parachute and audio warning system are triggered to help protect the UAS and the payload, and also bystanders in the area.
As soon as identifying flight malfunction, the system immediately deploys a parachute, stops the rotors, reduces speed and warns bystanders by emitting a loud notification of the aircraft’s controlled descent - for example, the rapid descent of a large 750lb (350kg) UAV can be stopped in approximately 30ft (10 metres).
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