logo
Safe Pro Demonstrates Next-Generation of Military Force Protection Powered by its Artificial Intelligence, Small Object Threat Detection Technology

Safe Pro Demonstrates Next-Generation of Military Force Protection Powered by its Artificial Intelligence, Small Object Threat Detection Technology

AVENTURA, Fla.--(BUSINESS WIRE)--May 1, 2025--
Safe Pro Group Inc. (Nasdaq: SPAI) ('Safe Pro' or the 'Company'), a leading provider of artificial intelligence (AI)-driven security solutions, today announced it has successfully completed multiple demonstrations of its patented Safe Pro Object Threat Detection (SPOTD) technology to various branches of the U.S. Department of Defense. Following these briefings, the Company commenced the integration of its SPOTD technology onto the Win-TAK platform, part of the U.S. Army's Tactical Assault Kit (TAK) software ecosystem.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250501300044/en/
Safe Pro's SpotlightAI OnSite real-world landmine detections in Ukraine displayed on the TAK software platform
As a result of these successful demonstrations, the Company is accelerating additional development efforts that seek to integrate the Company's SPOTD technology into the full TAK software ecosystem which includes the U.S. Army's ATAK (Android Tactical Assault Kit or ATAK) platform. Integration of SPOTD into ATAK is designed to allow detections of small explosive threats instantly identified in drone-based imagery by the Company's AI technology to be quickly pushed across potentially hundreds of thousands of soldier-carried and vehicle-mounted wireless connected devices widely utilized by the U.S. Armed Forces.
The SPOTD technology could also potentially play a pivotal role in supporting reconstruction efforts in Ukrainefollowing the creation of United States-Ukraine Reconstruction Investment Fund as announced by the U.S. Department of the Treasury. The reconstruction of Ukraine will require massive investment into demining resources and technology such as AI and drones to detect millions of landmines and explosive remnants of war which will need to be located.
TAK is the core of a suite of georeferenced imagery and communications tools that allow for scaled operational planning, data sharing, visualized elevation data, and target management. TAK provides a common operational picture for military, law enforcement and first responders, and government, and runs on an array of end-user devices such as smartphones or tablets. The SPOTD TAK integration effort follows a series of briefings with Government officials and Prime Contractors focusing on using AI-powered drone-based imagery processing for various applications. These in-depth technical demonstrations and briefings centered around the Company's proprietary SPOTD platform and more than two years of real-world end-user feedback collected from operations in Ukraine.
Evolving Explosive Threats on the Battlefield
Discussions highlighted evolving battlefield tactics such as remote mining where drones are strategically delivering small mines and the potential impact of multiple allied countries exiting the Ottawa Convention on anti-personnel landmines. These developments could result in soldiers facing a significant proliferation of deadly explosive threats, a trend increasingly being recognized by today's military leadership.
'We are laser focused on enhancing today's force protection capabilities with the technologies needed to address evolving battlefield threats such as swarms of small drones emplacing deadly mines. Through the integration of our SPOTD technology into the TAK ecosystem, one of the most widely employed situational awareness tools used by the Military, we can push actionable intelligence of explosive threats directly to soldiers. SPOTD is a natural fit for TAK and we look forward to capitalizing on the significant new global deployment opportunities that our integration into this platform can provide in support of military, government, law enforcement and first responder end users,' said Dan Erdberg CEO of Safe Pro Group.
The TAK can provide voice, video and text-based data as well as geospatial mapping, enhancing a user's situational awareness (or SA). ATAK for military use can provide SA during combat operations by displaying streamed video imagery and data collected by Unmanned Aerial Vehicles (UAVs) or from Unattended Ground Sensors (UGS) and provide 3-D maps with indicated points of interest. Successfully completing compatibility and integration of SPOTD as a plug-in for the TAK ecosystem will enable the Company to pursue revenue-generating task orders, contracts and software licensing agreements with prime contractors supporting the U.S. Department of Defense who can utilize its real-time explosive threat detection data in soldier safety, force protection and C6ISR (Command, Control, Communications, Computers, Cyber-Defense and Combative Systems) applications.
Powered by Real-World Data and Expertise
The Company'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. Whether deployed on the edge in real-time (SpotlightAI TM OnSite) or leveraging Amazon Web Services (AWS) on the cloud (SpotlightAI TM), the Company's SPOTD technology 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 1.29 million drone images analyzed to date, and 23,000+ threats identified across 5,300+ 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250501300044/en/
CONTACT: Media Relations for Safe Pro Group Inc.:
[email protected]
Investor Relations for Safe Pro Group Inc.:
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA FLORIDA
INDUSTRY KEYWORD: TECHNOLOGY CONTRACTS HOMELAND SECURITY SECURITY PUBLIC POLICY/GOVERNMENT SOFTWARE GOVERNMENT TECHNOLOGY DATA MANAGEMENT DEFENSE ARTIFICIAL INTELLIGENCE
SOURCE: Safe Pro Group Inc.
Copyright Business Wire 2025.
PUB: 05/01/2025 08:03 AM/DISC: 05/01/2025 08:03 AM
http://www.businesswire.com/news/home/20250501300044/en

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Navitas Semiconductor Rocketed 164% in May
Why Navitas Semiconductor Rocketed 164% in May

Yahoo

time19 minutes ago

  • Yahoo

Why Navitas Semiconductor Rocketed 164% in May

Navitas is a small-cap semiconductor stock with declining revenues and operating losses. However, the company was named as a partner for Nvidia's upcoming Kyber data center power infrastructure. Navitas took the opportunity of a higher stock price to raise cash via equity sales, bolstering its balance sheet. 10 stocks we like better than Navitas Semiconductor › Shares of Navitas Semiconductor (NASDAQ: NVTS) rocketed 164.2% in May, according to data from S&P Global Market Intelligence. Entering the month, Navitas has been a small designer of gallium nitride (GaN) and silicon carbide (SiC) chip designs. These niche chips had primarily targeted electric vehicles and electrified infrastructure. But given the recent downturns in these markets, Navitas had seen its revenue go into reverse and its bottom line continuing to lose money. But in mid-May, Nvidia named Navitas as a key partner for Nvidia's upcoming Kyber data center infrastructure, which will be a new architecture to support Rubin-based sever racks beginning in 2027. While other power chip providers were also named, the fact that Navitas was so small, at just $350 million or so market cap at the time of the announcement, caused a massive rally in the stock. Navitas then used the opportunity to sell stock and bolster its balance sheet, extending its runway, likely until the 2027 time frame. As Nvidia explained in a May 20 blog post, the current 54 V DC power distribution systems in today's data centers will push up against their physical limits as AI server racks go to needing 200 kilowatts to power next-generation AI chips. To counter this, Nvidia is developing a ground-up redesign of data centers to an 800 V HVDC power architecture. Nvidia also noted that it was collaborating with a number of power chip and infrastructure companies early on as it develops the new data center power infrastructure, which Nvidia plans to unveil in 2027 for its upcoming Rubin-based systems. The following day, Navitas published its own blog post explaining how the new 800 V architecture will use both Navitas' SiC chips in the power room of data centers, which convert AC grid power to DC power for the data center, and then GaN-based power converters at the server rack level. The day of the blogs, May 21, Navitas rocketed 150% higher, before retreating. But then the following week, Navitas disclosed it had exhausted its $50 million equity at-the-market sales facility, and that it had filed for a new $50 million facility. Normally, when a company notes it has and will dilute shareholders, the stock goes down. But since Navitas' stock had gone up so much, investors viewed the capital raise as a positive, in that it fortified Navitas' balance sheet to bridge more of the time gap between now and 2027. While the prospect of a small company partnering up with Nvidia is highly tantalizing, there weren't any financial terms disclosed in the announcements. That makes sense, as the platform isn't even fully developed yet, and revenues from the venture aren't likely to come before 2027. So it's hard to say right now if Navitas has moved too far, too fast. Still, last month's cash raise will bolster Navitas' balance sheet, giving it more time to build out its platform in anticipation of the 2027 Kyber rollout. Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Navitas Semiconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why Navitas Semiconductor Rocketed 164% in May was originally published by The Motley Fool

Why Shares of Robinhood Are Surging This Week
Why Shares of Robinhood Are Surging This Week

Yahoo

time24 minutes ago

  • Yahoo

Why Shares of Robinhood Are Surging This Week

Robinhood may join the S&P 500. The rebalancing is expected to occur after the market closes tomorrow. The company has executed strongly on its product road map. 10 stocks we like better than Robinhood Markets › Since last Friday, shares of the popular online brokerage Robinhood (NASDAQ: HOOD) had surged 13%, as of 12:36 p.m. ET Thursday. Investors believe the company will soon join the S&P 500 (SNPINDEX: ^GSPC). Bank of America analysts led by Craig Siegenthaler said in a report this week that Robinhood is a "prime candidate" to join the broader benchmark S&P 500 index, which includes 500 of the largest companies in the U.S. with an unadjusted market cap of at least $20.5 billion, as of January 2025. The rebalancing is expected to be announced after the market closes tomorrow. Inclusion into the S&P 500 tends to be bullish because funds that track the index will have to purchase Robinhood, likely leading to significant inflows. "The S&P 500 and Russell 1000 are the two major benchmarks for our large-cap long-only clients," the Bank of America analysts said in their note, according to Bloomberg. "When companies are added, we experience significantly higher interest from long-only portfolio managers, which are essentially now forced to cover them and make a call." Robinhood pioneered commission-free trading, which is now common practice among almost all major brokerages, and expanded access to investing for smaller, retail investors. The platform has become the go-to trading post for retail traders. At the end of April, Robinhood had close to 26 million funded customers and $232 billion in platform assets. In the first quarter of 2025, Robinhood grew earnings by 114%. I am also impressed by the company's ability to execute its product road map. Robinhood's Gold membership offers an impressive 3% cash back on its Gold card, the ability to earn competitive interest on deposit balances, and annual matches on individual retirement account contributions. Robinhood has really become a compelling one-stop shop for many banking needs, all bundled together in a sleek and easy-to-use digital platform. Currently trading at 51 times forward earnings, the stock is undoubtedly expensive, so I'd start by dollar-cost averaging or buy on future dips. Before you buy stock in Robinhood Markets, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Robinhood Markets wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Bank of America is an advertising partner of Motley Fool Money. Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bank of America. The Motley Fool has a disclosure policy. Why Shares of Robinhood Are Surging This Week was originally published by The Motley Fool Sign in to access your portfolio

Why Five Below Stock Is Soaring Today
Why Five Below Stock Is Soaring Today

Yahoo

time24 minutes ago

  • Yahoo

Why Five Below Stock Is Soaring Today

Five Below reported fiscal Q1 results yesterday and beat Wall Street's sales and earnings expectations. The retailer posted 7% growth for same-store sales last quarter. Five Below is guiding for strong same-store sales growth in the current quarter. 10 stocks we like better than Five Below › Five Below (NASDAQ: FIVE) stock is gaining ground in Thursday's trading. The company's share price was up 6.5% as of 12:45 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 0.1%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.4%. After the market closed yesterday, Five Below published results for the first quarter of its current fiscal year. It delivered sales and earnings that beat Wall Street's expectations for the quarterly period, which ended May 3. For fiscal Q1, Five Below posted non-GAAP (generally accepted accounting principles) adjusted earnings per share of $0.86 on revenue of $970.53 million. Meanwhile, the average analyst estimate had called for the business to record adjusted earnings per share of $0.83 on sales of $966.49 million. Overall revenue was up 19.5% year over year in the period, with a 7.1% increase for same-store sales and new location openings helping to power strong revenue expansion in the period. Adjusted earnings per share were roughly 43% compared to last year's quarter. For the current quarter, Five Below is guiding for sales to come in between $975 million and $995 million. The guidance range came in significantly better than the average Wall Street forecast, which had called for sales of $958.33 million. Five Below management expects same-store sales growth between 7% and 9% this quarter. Meanwhile, adjusted earnings per share in fiscal Q2 are projected to be between $0.50 and $0.62. For comparison, the average Wall Street analyst estimate had called for adjusted earnings per share of $0.58 prior to Five Below's recent quarterly report. While the midpoint of management's earnings guidance came in below the average analyst estimate, guidance for strong same-store sales growth appears to have offset concerns related to the shortfall on the profit target. Before you buy stock in Five Below, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Five Below wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Five Below. The Motley Fool has a disclosure policy. Why Five Below Stock Is Soaring Today was originally published by The Motley Fool Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store