Safe Pro Group (NASDAQ: SPAI), a provider of AI-powered defense and security solutions, said it entered into definitive agreements for a private placement with strategic investors including Ondas Holdings Inc. (NASDAQ: ONDS) and Unusual Machines Inc. (NYSE: UMAC). The deal covers 2 million shares at $4 each and warrants for 2 million shares at $6 each, representing up to $20 million. The investment is expected to accelerate commercialization of Safe Pro’s patented AI technologies, including its Object Threat Detection system and Navigation Observation Detection Engine, which detect landmines, map terrain and analyze drone imagery in real time. The company said its technology, already recognized by the U.S. Army and deployed in Ukraine, is positioned to benefit from billions in new federal funding for drone and AI programs.
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About Safe Pro Group Inc.
Safe Pro Group Inc. is a mission-driven technology company delivering AI-enabled security and defense solutions. Through cutting-edge platforms like SPOTD, Safe Pro provides advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. It is a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing leveraging commercially available “off-the-shelf” drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosives threats, providing a much safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem and powered by Amazon Web Services (AWS), Safe Pro Group’s scalable platform is targeting multiple markets that include commercial, government, law enforcement and humanitarian sectors where its Safe Pro AI software, Safe-Pro USA protective gear and Airborne Response drone-based services can work in synergy to deliver safety and operational efficiency. For more information on Safe Pro Group Inc., please visit https://safeprogroup.com/ .
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