Article 5VGSY Delta Drone International (ASX:DLT) to divest ParaZero for $6 million in cash

Delta Drone International (ASX:DLT) to divest ParaZero for $6 million in cash

by
Gary Mortimer
from sUAS News on (#5VGSY)
ParaZero-SafeAir-Parachute-deployment.jpDelta Drone International Limited (the Company") (ASX: DLT) has entered into a binding agreement with a consortium of investors* led by NASDAQ-listed Medigus Ltd and facilitated by Israeli venture capital firm L.I.A Pure Capital Ltd (collectively Buyers") to sellParaZero Technologies Ltd (ParaZero") which operates the Company's drone safety business, for a total consideration of A$6 [...]
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