SPAI

Safe Pro Group Inc. Common Stock
SPAI

$2.93

14.58%

Market Cap: $40.1M

About: Safe Pro Group Inc operates to acquire innovative security and protection products. Its emphasis is on the development of a cloud-based ecosystem for analyzing drone imagery and data utilizing proprietary artificial intelligence ("AI"), machine learning, deep learning, and applied computer vision software for hyper scalable processing, analysis, and reporting. The Company operated in three reportable business segments which consisted of (1) the business of Safe-Pro USA, (2) the business of Airborne Response, and (3) the business of Safe Pro AI. Key revenue is generated from Safe-Pro USA.

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Based on 5 articles about SPAI published over the past 30 days

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

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

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

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

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

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

U.S. IPO Weekly Recap: Small Issuers Close Out August IPO Market

While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs, GigCapital7 and Black Spade Acquisition II, raised $200 million and $150 million, respectively. Three IPOs are currently scheduled to list in the week ahead, all of them holdovers from previous weeks, and all based in the Asia Pacific region.

U.S. IPO Weekly Recap: Small Issuers Close Out August IPO Market

Safe Pro Group Inc. Completes Initial Public Offering

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.

Safe Pro Group Inc. Completes Initial Public Offering

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