ParaZero Added Chris Singleton To Its Board: What Market Participants Need To Know

  • Jan 03, 2019 AEDT
  • Team Kalkine
ParaZero Added Chris Singleton To Its Board: What Market Participants Need To Know

ParaZero Limited (ASX: PRZ), recently, came forward and made an announcement related to the company’s Board of Directors and which could support the company in terms of marketing as well as the corporate expertise. ParaZero Limited was established with the help of aviation professionals’ group as well as with the support of veteran drone operators. This was done so that the challenge which is being encountered by the broader industry, which is safety, gets solved. 

As per the press release dated January 2, 2019, Mr. Chris Singleton has been placed on the list of the company’s Board of Directors. He has robust experience when it comes to sales and marketing as well as corporate expertise. The press release which was issued also stated that Mr. Singleton is presently acting as the Minaret Capital’s managing director which happens to be in the business of extending strategies related to the growth as well as corporate advisory. These facilities are being advanced to the businesses in the Australian region.

Mr. Chris Singleton had strong experience as he has acted as the director of several companies which are both private as well as public. We will now have a look at the views of the top management of the company. As per the chief executive officer (or CEO) named Mr. Eden Attias, the appointment of Mr. Chris Singleton would be beneficial for the company. It stated that Mr. Singleton’s experience which is related to the execution as well as development of the strategies could be helpful for ParaZero Limited.

Mr. Chris Singleton happens to possess robust experience with respect to Oil and Gas, Technology, Manufacturing, Telecommunications, and Service Industries. The CEO of ParaZero had also stated that the experience of Mr. Singleton related to the corporate expertise as well as the marketing would help the strategies for growth as well as marketing of the company.

Not so long ago, ParaZero Limited had made an announcement related to the appointment which has been done to the company’s advisory board. As per the press release which was dated December 6, 2018, the company had made an announcement that it had placed Mr. Michael Huerta on the advisory board. Mr. Huerta happens to be the former USA FAA Administrator. The press release also reflected that Mr. Huerta happens to possess a substantial amount of experience when it comes to senior and executive management with respect to industries like technology as well as aviation innovation.

We will see how the stock of ParaZero had performed in the past few months. The last traded price of the company’s stock was A$0.110 per share. The market capitalization of ParaZero Limited stood at $9.66 million. The company’s stock has delivered the return of -30.32% in the time span of the previous six months. However, over the period of previous one month and three months, the stock of ParaZero Limited had given the return of -15.39% and -21.03%, respectively.


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