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Safe Pro Group Inc. - Common Stock (SPAI)

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-0.0652 (-2.81%)
NASDAQ · Last Trade: Apr 11th, 11:21 AM EDT
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Despite Volatility in the Markets Global Drone Market Is Expected to Achieve Remarkable Growth as Usage Skyrockets
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Via FinancialNewsMedia · April 10, 2025
Safe Pro Group Seeks Market Expansion for Artificial Intelligence Datasets in Environmental and Engineering Geophysics Through Participation at SAGEEP 2025
Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI)-driven security solutions, announced today that its white paper, "Drone-Based AI for Landmine and UXO Detection and Mapping" has been accepted for presentation at the Annual Symposium on the Application of Geophysics to Engineering and Environmental Problems (SAGEEP) 2025 event hosted by The Environmental and Engineering Geophysical Society (EEGS). The paper showcases the Company's patented, artificial intelligence (AI)-powered, drone-based imagery analysis technology’s application in the rapidly growing defense and humanitarian sectors.
By Safe Pro Group Inc. · Via Business Wire · April 10, 2025
Despite Volatility in the Markets Global Drone Market Is Expected to Achieve Remarkable Growth as Usage Skyrockets
PALM BEACH, Fla., April 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Manufactures are projected to see increased manufacturing and sales in the global drone market for the coming several years. Rapid advancements in drone technology are significantly contributing to the drones market growth. Innovations such as artificial intelligence (AI), machine learning (ML), and improved sensor technology have enhanced the capabilities of drones, enabling them to perform more complex tasks with greater precision and efficiency. The integration of AI and ML, for instance, allows drones to analyze data in real-time, optimize flight paths, and make autonomous decisions. Furthermore, advancements in battery technology and propulsion systems have improved the endurance and range of drones, allowing them to operate for longer periods and cover greater distances. With the development of more efficient and environmentally friendly drones, market players are focusing on delivering drones with enhanced payload capacities, durability, and flight times. A report from Research And Markets said that the global drones market size aided by the increasing adoption of drones across various sectors, including agriculture, defense, logistics, and entertainment, the market is projected to continue to grow at a CAGR of 22.4% through 2032 to reach a value of USD 244.95 billion by 2032.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), Ondas Holdings Inc. (NASDAQ: ONDS), AgEagle Aerial Systems Inc. (NYSE: UAVS), NVIDIA Corporation (NASDAQ: NVDA).
By FN Media Group LLC · Via GlobeNewswire · April 10, 2025
Safe Pro Group Subsidiary Receives Order for Advanced Drone-Based Infrastructure Assessments Under Existing Multi-Year Contract with Major Florida Utility
Safe Pro Group Inc. (Nasdaq: SPAI), a leading innovator in AI-powered defense and security technologies, today announced a service expansion for its Airborne Response drone services subsidiary. Under its existing multi-year agreement with one of Florida’s largest electric utilities, Airborne Response will now deliver enhanced drone-based critical infrastructure assessment services in addition to its routine monitoring and pre/post-hurricane recovery programs
By Safe Pro Group Inc. · Via Business Wire · April 9, 2025
Safe Pro Group Delivers Explosive Ordnance Imagery Data Set Under Government-Linked Contract, Expanding into New High-Value Revenue Stream
Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leader in artificial intelligence (AI)-powered defense and security solutions, today announced that it has completed delivery of its first landmine and unexploded ordnance (UXO) data set pursuant to a US Government-linked contract. This delivery milestone marks Safe Pro’s entry into a new high-margin revenue stream based on its large, proprietary real-world datasets and patented AI platform, SpotlightAI™.
By Safe Pro Group Inc. · Via Business Wire · April 8, 2025
Safe Pro Enters into Strategic Partnership, Signing MOU with Ukraine’s National Mine Action Center of Excellence to Modernize Demining with AI-Powered Threat Detection
Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leader in artificial intelligence (AI)-powered defense and security solutions, has entered into a multi-year Memorandum of Understanding (MOU) with Ukraine’s Center of Excellence for Mine Action and Environmental Security (the “Center of Excellence” or “the Center”). Together, they will exam ways to integrate Safe Pro’s patented AI-powered image processing technology, SpotlightAI™, into Ukraine’s demining methodologies and training programs to modernize the nation’s approach to landmine detection and clearance.
By Safe Pro Group Inc. · Via Business Wire · April 7, 2025
Safe Pro Group Reports Surging 136% Revenue Growth for FY 2024 Surpassing Expectations
Safe Pro Group Inc. (Nasdaq: SPAI) ("Safe Pro" or the "Company"), a leading provider of drone imagery artificial intelligence (AI)-driven defense and security solutions, today announced its financial results for the fiscal year ended December 31, 2024, demonstrating robust revenue growth.
By Safe Pro Group Inc. · Via Business Wire · March 31, 2025
Growing Popularity of Drones as a Service Stemming from Increasing Usage & Applications and Latest Advancements
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Via FinancialNewsMedia · March 27, 2025
Fmr. Principal Deputy Asst. Secretary of the Army, Young J. Bang, Joins Safe Pro to Advance AI Technology for US Armed Forces
Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro”), a leading innovator in artificial intelligence (AI)-powered solutions, proudly announces the appointment of Young J. Bang, former Principal Deputy Assistant Secretary of the Army (Acquisition, Logistics, and Technology), as Chairman of its newly formed Strategic Advisory Board. This milestone signals Safe Pro’s commitment to revolutionizing the detection of threats to military ground personnel and equipment while enhancing national security through cutting-edge Artificial Intelligence (AI).
By Safe Pro Group Inc. · Via Business Wire · March 3, 2025
US Drone Surveying Market Expected to Realize Double-Digit Market Growth Predicted to Reach $2.54 Billion By 2033
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Via FinancialNewsMedia · March 20, 2025
Safe Pro and Kyiv Polytechnic Institute, Ukraine’s Leading Technical University, Sign Multi-Year MOU to Collaborate on Artificial Intelligence and Drone Technology
Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) -powered solutions specializing in small object threat detection and the Igor Sikorsky Kyiv Polytechnic Institute (“the Kyiv Polytechnic Institute” or “KPI”) have signed a multi-year Memorandum of Understanding (MOU) under which they will collaborate on utilizing the Company’s patented artificial intelligence (AI)-powered drone image processing technology, SpotlightAI™, to develop enhanced demining methodologies and potential training programs.
By Safe Pro Group Inc. · Via Business Wire · February 25, 2025
Drone Technology Advancement for Performing Growing Number of Tasks and Usage Leading to Revenue Growth
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Via FinancialNewsMedia · February 27, 2025
Safe Pro Surpasses 1,000,000 Drone Images Analyzed Milestone Using Its Novel AI Algorithms & Machine Learning Models on AWS Cloud Advancing Small Object Threat Detection
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 Safe Pro AI subsidiary reached its latest milestone having processed over 1,000,000 real-world images and 20,000 explosive threat detections in Ukraine utilizing its patented AI-powered small object threat detection and drone image analysis and mapping technology.
By Safe Pro Group Inc. · Via Business Wire · February 19, 2025
Drone Technology Advancement for Performing Growing Number of Tasks and Usage Leading to Revenue Growth
PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a recent article issued by Fact.MR, the global drone surveying market is expected to grow at a CAGR of 19.3% during the forecast period of 2023 to 2033. The report said: “The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. The drone covers a larger area within less amount of time and money for a survey if compared with the traditional or conventional way of surveys. Since the data is captured and generated with actual imagery, it also brings better transparency in the end result. All these benefits have resulted in increased demand from governments and real estate development companies for drone surveying services. The drone surveying service providers are entering into partnerships with companies and the government to carry out surveys on their behalf for the planning and development of urban areas and townships. The image and data collected from the drone surveys are more accurate and can be converted into meaningful output as per the requirements. This helps governments and infrastructure development companies in different stages of planning in township development, urban planning, and land surveys. The continuous advancement of technology in the drone market has led to increased demand for their products and services. The services or task performed by a drone has significantly improved in the last few years which has ultimately resulted in improved demand.”   Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), ParaZero Technologies Ltd. (NASDAQ: PRZO), New Horizon Aircraft (NASDAQ: HOVR), Unusual Machines (NYSE: UMAC).
By FN Media Group LLC · Via GlobeNewswire · February 27, 2025
Safe Pro Group to Present its Patented Drone AI-Powered Imagery Analysis Technology in “Demining Ukraine with Drones and Image Recognition” Session at XPONENTIAL Europe
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 Safe Pro AI subsidiary will be presenting its patented Drone AI-Powered SpotlightAITM technology at XPONENTIAL Europe, the leading European trade fair for autonomous technologies and robotics, taking place in Düsseldorf, Germany from February 18th to February 20th, 2025.
By Safe Pro Group · Via Business Wire · February 18, 2025
Leveraging Artificial Intelligence (AI) for Drone Operations Market Leading to Multi-Billion Dollar Revenue Opportunity
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Via FinancialNewsMedia · February 20, 2025
Safe Pro to Present at "Mine Action in Ukraine" Innovation Session Hosted by the Geneva International Centre for Humanitarian Demining (GICHD)
Company to Update Global Demining Industry on the Real-World Usage of its Patented SpotlightAITM AI-Powered Drone Image Analysis Technology in Ukraine Which Has Now Processed Over 945,000 Drone Images and Detected More Than 19,250 Landmines and Explosive Remnants of War
Via ACCESS Newswire · February 11, 2025
Safe-Pro’s AI Image Processing Technology Profiled in Video Interview Recorded Live From the 2025 SHOT Show
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 artificial intelligence (AI)-powered drone imagery analysis technology was featured in an video interview recorded at the recent SHOT Show 2025 produced by Talking Guns Media (TGM). TGM is a specialized new media company focused on firearms and ballistic technologies as well as covering industry news and trends. The new TGM video interview on Safe Pro can be found on YouTube here. The interview video can also be viewed on Instagram here.
By Safe Pro Group Inc. · Via Business Wire · January 31, 2025
Leveraging Artificial Intelligence (AI) for Drone Operations Market Leading to Multi-Billion Dollar Revenue Opportunity
PALM BEACH, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A report from Verified Market Research said that the AI In Drone Market size is projected to reach USD 206.9 Billion by 2031, growing at a CAGR of 32.4% during the forecast period to 2031. The report said: “Developments in Technology: One of the main factors propelling the artificial intelligence (AI) market for drones is the quick development of AI technologies. Drone capabilities are improved by innovations like computer vision, machine learning, and real-time data processing, which enable advanced decision-making and autonomous navigation. These developments make it possible for drones to more effectively carry out difficult jobs like infrastructure inspection, precision farming, and search and rescue missions. Furthermore, a variety of businesses can incorporate drones into their operations as AI software becomes more widely available and reasonably priced, expanding the market. Demand in the industry is driven by the ongoing improvement of AI algorithms, which guarantee that drones can do ever-more-difficult tasks. Industry Acceptance: One of the main factors driving the market is the growing use of drones in a variety of sectors, such as construction, logistics, surveillance, and agriculture. Businesses are increasingly incorporating AI-enabled drones into their operations as they realize the efficiency, cost savings, and safety enhancements these technologies provide. AI drones improve crop monitoring and resource management in agriculture and expedite delivery procedures in logistics. Demand is further fueled by this cross-industry applicability, as businesses look to automation and improved data insights to gain a competitive edge. Drones’ increasing acceptance as vital instruments in contemporary operations propels market expansion and encourages innovation in the AI space. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Rigetti Computing, Inc. (NASDAQ: RGTI), AeroVironment, Inc. (NASDAQ: AVAV), Unusual Machines (NYSE: UMAC), Safe Pro Group Inc. (NASDAQ: SPAI).
By FN Media Group LLC · Via GlobeNewswire · February 20, 2025
Safe Pro Enters Multi-Year Agreement for its Patented Drone AI Demining Platform with Ukraine’s Leading Grain Export and Agricultural Organization NIBULON Ltd.
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 multi-year Memorandum of Understanding (MOU) with NIBULON Ltd. (NIBULON) to cooperate on addressing Ukraine’s agriculture crisis which has sustained billions in damages and losses due to the ongoing war.
By Safe Pro Group Inc. · Via Business Wire · January 30, 2025
Drone Operations Industry Substantially Expanding Usages, Transforming into A Billion Dollar Revenue Opportunity
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Via FinancialNewsMedia · February 6, 2025
Land Survey Industry Poised for Drone-Driven Transformation as Market Approaches $12.6 Billion
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Via FinancialNewsMedia · January 16, 2025
Adoption of Drones-as-a-Service Industry Explodes Along Rising Revenue Opportunities in the Billions
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Via FinancialNewsMedia · January 24, 2025
Adoption of Drones-as-a-Service Industry Explodes Along Rising Revenue Opportunities in the Billions
PALM BEACH, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones' embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size. A study from MarketsAndMarkets said the Global Drone Services Market Size, which was valued at USD 17.0 billion in 2023, is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report said: “In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue. The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), EHang Holdings Limited (NASDAQ: EH), Unusual Machines, Inc. (NYSE: UMAC), Ondas Holdings Inc. (NASDAQ: ONDS).
By FN Media Group LLC · Via GlobeNewswire · January 24, 2025
Land Survey Industry Poised for Drone-Driven Transformation as Market Approaches $12.6 Billion
PALM BEACH, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a report from industry insider DroneXl, the land survey equipment market is on track to reach $12.56 billion by 2028, driven by increasing urbanization and the adoption of Drone Technology across various industries. Traditional land surveying methods are giving way to more efficient drone-based solutions that can complete surveys in hours rather than weeks or months according to industry analysis. The transformation is particularly evident in developing nations where smart city initiatives are creating unprecedented demand for precise surveying capabilities. Governments in India, Peru, and China are leading this charge, requiring thorough site surveys before launching ambitious urban development projects. It continued saying: “Drones have emerged as the preferred tool for land surveying, offering superior efficiency and flexibility compared to traditional methods. Modern survey drones combine aerial photography, mapping capabilities, and GNSS technology to capture comprehensive topographic data with unprecedented speed and accuracy. The technology’s appeal lies in its ability to integrate multiple data collection methods: High-resolution aerial photography; LiDAR scanning for precise measurements; GPS positioning for accurate geolocation; and Video capture for detailed site documentation.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), The Boeing Company (NYSE: BA), Safe Pro Group Inc. (NASDAQ: SPAI), EHang Holdings Limited (NASDAQ: EH), Unusual Machines, Inc. (NYSE: UMAC).
By FN Media Group LLC · Via GlobeNewswire · January 16, 2025