Safe Pro Group Inc. (SPAI) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.27 per share a year ago.
Safe Pro Group Inc. (NASDAQ: SPAI - Get Free Report) has been assigned an average rating of "Moderate Buy" from the five ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has assigned a buy rating and two have issued a strong
Safe Pro Group Inc. (SPAI) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.1. This compares to a loss of $0.06 per share a year ago.
Safe Pro Group is a high-risk, high-upside play on AI-driven threat detection and drone services, with recent investments bolstering its capital position. SPAI's upside depends on rapid revenue ramp-up and successful commercialization of its AI platform, amid intense competition and currently unscalable revenues. Recent capital raises, including over $20 million from Ondas, significantly reduce near-term dilution risk and signal confidence in SPAI's growth prospects.
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.
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.
- 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.
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.
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.
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.