Safe-Pro Awarded Order for Ballistic Protective Gear to Support Demining Operations in the Asia-Pacific Region
AVENTURA, Fla.--(BUSINESS WIRE)--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 ballistics protection unit, Safe-Pro USA LLC has received an order for its American-made Explosive Ordnance Disposal (EOD) protective gear from a US Government Contractor (the 'Contractor' or the 'Customer') operating in the Asia-Pacific region. Additionally, the Customer will test the Company's SpotlightAI™ Artificial Intelligence (AI)-powered drone imagery analysis ecosystem in the Pacific Rim. The evaluation represents a significant opportunity for SpotlightAI™ beyond its current use in Ukraine, opening the door to expanded real-world adoption across the Asia-Pacific region and other territories where the Contractor is engaged in humanitarian and government-funded demining programs.
According to International Campaign to Ban Landmines, Landmine Monitor 2024 Annual Report, multiple countries in East and South Asia and the Pacific are contaminated with landmines and unexploded ordnance (UXO) including Bangladesh, Cambodia, Indonesia, Laos, the Philippines, Thailand and Myanmar, which recorded over 1,000 casualties in 2023.
'We are pleased to provide this new Customer with our US-manufactured lifesaving personal protective equipment as we work to further expand our support for international humanitarian and government-funded demining efforts around the globe,' said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc. 'The request by this new Customer to evaluate our patented SpotlightAI™ drone image analysis platform represents the latest milestone as we expand our operational footprint and address the global challenge of landmines. We look forward to working closely with the Customer to support their field personnel and their efforts to protect civilian lives from the persistent and deadly threat of UXO.'
Safe-Pro USA, a HUBZone-certified small business, specializes in the manufacture of ultra-premium bullet and blast resistant protection equipment utilized by domestic and international customers in the military, law enforcement, and humanitarian/peacekeeping markets. It has more than 30 years of combined experience in the US defense industry with proven expertise and strength in the design, engineering, and manufacture of advanced armor composites. Safe-Pro USA offers a full array of bullet and blast resistant personal protective equipment including complete EOD Systems, demining aprons, bomb blankets, body armor and ballistic plates. Many of its products are available for purchase by Federal, State and Local government customers and agencies under a Multiple Award Schedule (MAS) contract by the U.S. General Services Administration (GSA).
Safe Pro's AI-powered drone-based imagery analysis platform can detect and identify over 150+ types of landmines and unexploded ordnance in a fraction of a second per image, rapidly delivering mission-critical situational awareness. Its patented Safe Pro Object Threat Detection (SPOTD) technology, whether deployed on the edge in real-time (SpotlightAI™ OnSite) or leveraging Amazon Web Services (AWS) on the cloud (SpotlightAI™), can scale globally, offering solutions for rapid battlefield analysis and force protection, to supporting large-scale commercial and humanitarian demining operations. Powering the Company's SPOTD technology, Safe Pro's unique real-world datasets include high-resolution drone imagery and GPS-tagged geospatial data encompassing over 1.5 million drone images analyzed to date, with 26,000+ threats identified across 6,000+ hectares in Ukraine, an area nearly equivalent in size to Manhattan.
For more information about Safe Pro Group, its subsidiaries, and technologies, please visit https://safeprogroup.com and connect with us on LinkedIn, Facebook, X and Instagram.
About Safe Pro Group Inc.
Safe Pro Group 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/.
Forward-Looking Statements
Some of the statements in this press release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements relate to future events, future expectations, plans and prospects. Although Safe Pro Group believes the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Safe Pro Group has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including market and other conditions. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (the 'SEC'), copies of which may be obtained from the SEC's website at www.sec.gov. Any forward-looking statements contained in this press release speak only as of its date. Safe Pro Group undertakes no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events, except as required by law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
12 minutes ago
- Bloomberg
Swiss Growth Revised Up on US Export Surge Before Trump Tariffs
Switzerland's growth spurt into 2025 was even more pronounced than initially estimated, with the economy expanding at the fastest pace in two years. Before an anticipated hit from US tariffs, gross domestic product adjusted for large sport events increased 0.8% in the first quarter, the government said Monday. That's up from the 0.7% reported in a preliminary reading and more than the revised 0.6% recorded between October and December.
Yahoo
12 minutes ago
- Yahoo
Drug maker Indivior to abandon London stock market for the US
Drug maker Indivior has announced plans to delist its shares from the London Stock Exchange (LSE), marking the latest company to abandon the UK market for the US. However, the LSE welcomes Anglo-American's platinum spin-off Valterra after becoming independent from the mining giant. Indivior's exit comes after the company moved its primary listing to the US's Nasdaq index last year. It said cancelling the secondary listing in London eliminates 'cost and complexity' and better reflects the business – with more than 80% of its revenues generated in the US. It also said liquidity on the Nasdaq now 'far outweighs' that of the LSE with a greater level of trading. The US-based pharmaceutical firm makes prescription medicines to treat opioid addiction, and has a market capitalisation of £1.2 billion. 'A single primary listing on Nasdaq best reflects the profile of Indivior's business,' chairman David Wheadon said. 'We appreciate the support received from shareholders for this initiative and look forward to capitalising on the expected benefits of this move, including reductions in cost and complexity.' The LSE faced the largest exodus of companies since the global financial crisis in 2024, according to EY analysis. There were 88 companies to delist or transfer their primary listing from the main market – the most since 2009. At the same time, the LSE struggled to attract as many new companies to fill the gaps – with 18 new listings in total last year. Nevertheless, Indivior's exit, which will take effect from July 25, comes as Valterra Platinum makes its debut on the London market. Anglo American spun off its platinum business into the new entity, which has become the world's most valuable producer of the metal. Valterra will have its secondary listing on the LSE, with its primary on the Johannesburg Stock Exchange. Duncan Wanblad, Anglo American's chief executive, said: 'Valterra Platinum has been a major part of the company for many years but now is the right time for it to optimise its value creation prospects on an independent path – it's an outstanding business and team and I have every confidence that Valterra Platinum will thrive as a leader in the global platinum group metals industry.' Sign in to access your portfolio
Yahoo
27 minutes ago
- Yahoo
Ollie's (OLLI) Reports Q1: Everything You Need To Know Ahead Of Earnings
Discount retail company Ollie's Bargain Outlet (NASDAQ:OLLI) will be announcing earnings results tomorrow before the bell. Here's what you need to know. Ollie's missed analysts' revenue expectations by 1.2% last quarter, reporting revenues of $667.1 million, up 2.8% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' gross margin estimates but full-year EPS guidance missing analysts' expectations. Is Ollie's a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Ollie's revenue to grow 11.3% year on year to $566.2 million, in line with the 10.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.71 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Ollie's has missed Wall Street's revenue estimates four times over the last two years. Looking at Ollie's peers in the discount retailer segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Ross Stores delivered year-on-year revenue growth of 2.6%, beating analysts' expectations by 0.5%, and TJX reported revenues up 5.1%, topping estimates by 0.7%. Ross Stores traded down 9.8% following the results while TJX was also down 4%. Read our full analysis of Ross Stores's results here and TJX's results here. There has been positive sentiment among investors in the discount retailer segment, with share prices up 9.8% on average over the last month. Ollie's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $125.88 (compared to the current share price of $110). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
