Safe Pro Group Inc

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Safe Pro Group, Inc. engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions. The firm operates through the following segments: Safe-PRO USA, Airborne Response, and Safe Pro AI. The company was founded by Daniyel Erdberg on December 15, 2021 and is headquartered in Aventura, FL.

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced it expects to report record-breaking annual 2024 revenue surging in excess of 130% over fiscal 2023. Expected record fiscal 2024 results were fueled by an increase of 200+% in fourth quarter revenue versus the year-ago period driven by strong sales activities in the Company's miss.

Safe Pro Group Delivers Full-Year 2024 Guidance with Record-Breaking Revenue Surging 130+% to Over $2 Million

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that its patented, AI-powered drone imagery analysis technology has been showcased at NATO's 10th Annual Explosive Ordnance Disposal (EOD) Workshop by Dr. John Frucci, Chair of the Company's Safe Pro AI advisory board. Following the event, the NATO EOD Center of Excellence issued.

Safe Pro's AI-Powered Drone Based Capabilities Featured at NATO Global EOD Workshop

Additional Sales of Body Armor Plates, Concealable and Tactical Vests to Contribute to Expected Record Year-End Revenue Growth Company Successfully Completes Ballistic Testing of "305 PRO" Body Armor Plates Under National Institute of Justice (NIJ) Certification Process in Advance of New Sales to Law Enforcement and Public Safety Agencies AVENTURA, FL / ACCESSWIRE / December 18, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, announced today that its ballistics protection unit, Safe-Pro USA LLC (Safe Pro USA) continues to ramp up US production to fulfill orders of concealable body armor vests to a national security and safety distribution client. The Company expects to record revenue for these concealable vests in the fourth quarter of 2024, contributing to expected record annual revenue.

Safe Pro Ballistic Protection Unit Continues to Ramp-Up Sales and Production With Deliveries of Concealable Body Armor to National Security Products Distributor

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that its Artificial Intelligence subsidiary, Safe Pro AI, has introduced SpotlightAI™ ONSITE its latest real-time automatic mine detection software designed for use with virtually any drone. The Microsoft Windows-based AI-powered drone imagery analysis software is currently underg.

Safe Pro AI Unveils SpotlightAI ONSITE Software Application for Real-Time Artificial Intelligence-Powered Drone Imagery Processing

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced the filing of a provisional patent application with the United States Patent and Trademark Office (USPTO) for utilizing drones and Artificial Intelligence (AI) to improve precision of object detection. The provisional patent application, titled, “Object Detection Precision Enhance.

Safe Pro Strengthens IP Portfolio with Filing of Provisional Patent for Utilizing Drones and Artificial Intelligence to Improve Precision of Object Detection

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI), a leader in artificial intelligence-driven drone imagery analysis, today announced its latest landmine detection milestone in Ukraine, identifying over 16,500 lethal explosive items using imagery taken from everyday drones and its recently patented Artificial Intelligence (AI)-powered SpotlightAI™ software ecosystem. The rapidly increasing number of detections is the result of expanded real-world data collection and prior usag.

Safe Pro AI Achieves New Operational Milestone with Over 16,500 Lethal Explosive Items Detected from Drone Imagery in Ukraine Using AI-Powered SpotlightAI™

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of mission-critical aerial and artificial intelligence (AI) solutions, today announced that its Airborne Response (Airborne) division has delivered on several contract milestones for a multisite installation of a Drone-as-a-First-Responder (DFR) solution under a multiphase contract with a Florida municipal police department. Airborne's team continues training law enforcement dro.

Safe Pro's Airborne Response Completes Contract Milestones with Florida Police Department Under Multiphase Drone Services Contract

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that its Mission Critical Unmanned Solutions® subsidiary, Airborne Response (Airborne), has received a purchase order for a multi-site drone inspection project to be executed in 2025 from a multinational telecommunications firm (the “telecommunications customer”). Under the terms.

Safe Pro's Airborne Response Awarded Purchase Order for Drone Aerial Inspections of Telecom Towers in South Florida

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that it has entered into a memorandum of understanding (“MOU”) with a new U.S. prime contractor (“the Prime Contractor”) focused on the development of novel threat detection solutions for domestic and international Government stakeholders. The Prime Contractor currently provides a.

Safe Pro Enters into Multi-Year MOU with a U.S. Government Prime Contractor Focused on U.S., European and NATO Contracts

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that on November 19, 2024 it was been awarded its first patent from the United States Patent and Trademark Office (“USPTO”), for its groundbreaking technology that identifies, locates and maps explosives through its Artificial intelligence (“AI”)-powered SpotlightAI™ drone image a.

Safe Pro Awarded US Patent for Disruptive AI Drone Imagery Technology, a Groundbreaking Innovation Helping to Protect Millions of Lives Globally

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Expects 200+% Year-Over-Year Increase in Fourth Quarter Revenue Driven by Record Sales.

Safe Pro Expects 200+% Year-Over-Year Increase in Fourth Quarter Revenue Driven by Record Sales

Nine-Month Revenues Increase 100% to Approximately $1.3 Million Completes IPO to Support Enhancement of its AI-Powered Drone Imagery Analysis Platform in Ukraine; Expanded Drone-Based Service Offerings and Introduction of Advanced Ballistic Protection Solutions for Law Enforcement AVENTURA, FL / ACCESSWIRE / November 14, 2024 / Safe Pro Group Inc. (Nasdaq:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced financial results for the third fiscal quarter ended September 30, 2024. "Following our IPO in August, each of our subsidiaries made significant progress, securing key domestic and international customers across commercial, government and law enforcement sectors.

Safe Pro Group Reports 102% Revenue Growth in Third Quarter 2024

Working in Ukraine with Leading Agricultural Producer to Restore War-Torn Farmland AVENTURA, FL / ACCESSWIRE / November 7, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI), a leader in artificial intelligence-driven drone imagery analysis, has reached a historic milestone in Ukraine: over 10,000 explosive devices detected using everyday drones and Artificial Intelligence (AI), paving the way for safer agricultural lands and enhanced food security worldwide. Safe Pro AI's cutting-edge SpotlightAI™ platform, powered by Amazon Web Services (AWS), is transforming drone based mine detection and land reclamation as Ukraine's farmlands face unprecedented destruction due to the full-scale Russian invasion.

Safe Pro Group Surpasses 10,000 Mine Detections in Ukraine, Boosting Global Food Security and Land Reclamation Efforts

Safe Pro AI Drone Imagery Analysis on AWS Cloud Surges to Over 750,000 Images Processed in Ukraine AVENTURA, FL / ACCESSWIRE / October 28, 2024 / Safe Pro Group Inc. (Nasdaq:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery analysis, today announced its Safe Pro AI unit has launched SpotlightAITM 3.0, the next generation of its patent-pending AI solution powered by Amazon Web Services (AWS). SpotlightAITM is currently in use in Ukraine by multiple international humanitarian mine action (HMA) organizations and government entities.

Safe Pro AI Deploys 3-D Drone Imagery AI Analysis Tool Powered by Amazon Web Services (AWS) In Global Mine Action Mission of Saving Lives

Agreement Enables Airborne Response to Offer Skydio UAS Hardware and Software Technologies to Law Enforcement and First Responders AVENTURA, FL / ACCESSWIRE / October 22, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of mission-critical aerial and artificial intelligence (AI) solutions, today announced that its Airborne Response (Airborne) division has entered into an agreement with Skydio, Inc. to offer hardware and software solutions for public safety, emergency services, disaster response, and critical infrastructure customers. Airborne Response is one of Florida's leading providers of drone-based critical infrastructure inspection and monitoring services.

Safe Pro's Airborne Response Adds Skydio Autonomous Drone Technology to its Solutions Portfolio for Public Safety, Energy Utility, Critical Infrastructure and Government Applications

- Company Completes First 305 PRO Delivery to Florida Police Department and Successfully Lists its Newest Plate on the General Services Administration (GSA) Schedule - - New Armor Plate is Designed to Provide Improved Protection Against High Power Rifle Threats - AVENTURA, FL / ACCESSWIRE / October 17, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a premier provider of artificial intelligence (AI) solutions specializing in drone imagery processing, announced today that its ballistics protection unit, Safe-Pro USA LLC has introduced its latest advancement, the ultra-lightweight and ultra-thin "305 PRO" hard armor plate, with the first units delivered to a South Florida Police Department. The new "305 PRO" hard armor plates are now available on Safe Pro's GSA Schedule for purchase by state, local and federal agencies.

Safe-Pro USA Launches Advanced, High-Performance, Ultra-Lightweight "305 PRO" Body Armor Plate for Law Enforcement

- Airborne Response Crews Are Working to Support Power Restoration to an Estimated 2.4 Million Floridians - - New Municipal Public Utility Customer Taps Airborne Response for Drone-Based Damage Assessment Amidst Ongoing Recovery from Hurricane Helene and Hurricane Milton - AVENTURA, FL / ACCESSWIRE / October 11, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in aerial imagery processing, today announced that its Mission Critical Unmanned Solutions® subsidiary, Airborne Response (Airborne), has deployed its uncrewed aircraft systems (UAS) teams in support of new and existing customers as part of the massive recovery efforts now being conducted in Florida following Hurricane Milton, a large Category 3 storm which made landfall on Wednesday. According to Poweroutage.us, approximately 2.4 million people in Florida are without power as a result of Hurricane Milton.

Safe Pro's Airborne Response Emergency Drone Flight Crews Deployed by Multiple Florida Enterprise Customers in Massive Hurricane Milton Recovery Effort

SpotlightAI™ powered by Amazon Web Services (AWS), is a cloud-based platform that uses advanced machine learning to rapidly detect, GPS-locate, and map over 150 types of landmines and UXO from drone imagery Company's "SpotlightAI™" system is currently in operation in Ukraine with multiple humanitarian mine action organizations including recent order from the United Nations Development Programme ("UNDP") AWS recently funded and published a case study on the effectiveness of SpotlightAI™ and its application as a tool for global demining Company also filed for global patent protection with the World Intellectual Property Organization (WIPO) under the Patent Cooperation Treaty ("PCT") which covers patent protection rights for 157 contracting states AVENTURA, FL / ACCESSWIRE / September 18, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing for humanitarian mine-clearing efforts, today announced that it has received a Notice of Allowance from the United States Patent and Trademark Office ("USPTO"), for its groundbreaking technology that identifies, locates and maps explosives through its Artificial intelligence ("AI")-powered SpotlightAI™ drone image analysis and reporting software platform. The Notice of Allowance confirms the patentability of all 21 claims in the Company's patent application entitled "Systems and Methods for Detecting and Identifying Explosives.

Safe Pro Group Receives US Patent Office Notice of Allowance for AI-Processed Drone Imagery to Detect and Locate Explosives; Patent Would Secure Broad IP Protection for 21 Claims Valid Until 2043

Contract Renewal Extends Airborne Response's Support for Rapid Claims, Helping Citizens Property Insurance Deliver Improved Customer Service AVENTURA, FL / ACCESSWIRE / September 10, 2024 / Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing for humanitarian mine-clearing efforts, today announced that its Mission Critical Unmanned Solutions® subsidiary, Airborne Response (Airborne), has received a one-year aerial services contract extension from Citizens Property Insurance Corporation ("Citizens"). Citizens was created by the Florida Legislature in August 2002 as a not-for-profit, tax-exempt, government entity.

Safe Pro Group's Airborne Response Drone Unit Secures Second Contract Extension with Citizens Property Insurance for Urgent Response and Routine Aerial Services

SpotlightAI™, Powered by AWS, Selected by UNDP for Hyperscale AI Analysis of Drone Imagery Addressing the Unprecedented Scope of the Landmine Crisis in Ukraine AVENTURA, FL / ACCESSWIRE / September 5, 2024 / Safe Pro Group Inc. (Nasdaq:SPAI) ("Safe Pro" or the "Company"), a premier provider of artificial intelligence (AI) solutions specializing in drone imagery processing for humanitarian mine-clearing efforts, today announced that its Safe Pro AI subsidiary has completed a Phase III drone survey operation in Ukraine under a purchase order (PO) awarded by the United Nations Development Programme (UNDP). The Company analyzed land in Kharkiv Oblast, Ukraine, and provided the UNDP with detailed reports and survey data of items of interest as detected by its artificial intelligence (AI) and machine learning (ML) models.

Safe Pro AI Completes United Nations Development Programme's Purchase Order for Artificial Intelligence Minefield Analysis in Ukraine

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AVENTURA, FL / ACCESSWIRE / August 30, 2024 / Safe Pro Group Inc. (Nasdaq:SPAI) ("Safe Pro" or the "Company"), a premier provider of artificial intelligence (AI) solutions specializing in drone imagery processing for humanitarian mine-clearing efforts, today announced the closing of its initial public offering of 1,020,000 shares of common stock at a price to the public of $5.00 per share, raising gross proceeds of $5.1 million, before deducting underwriting discounts and offering expenses. The shares commenced trading on the Nasdaq Capital Market under the ticker symbol "SPAI" on August 28, 2024.

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